VENTURE CAPITAL POST

Two Texas men were sentenced to 45 months in prison for trying to sell Iranian oil to a refinery in China in violation of US sanctions.

OpenAI's inaugural report unveils the disruption of disinformation campaigns originating from Russia, China, Israel, and Iran, highlighting the misuse of its AI tools by malicious actors for propagandistic content across social media platforms.

Iran plans to boost its oil production to four million barrels per day.

President Ebrahim Raisi and Foreign Minister have lost their lives in a devastating helicopter crash.

India secured a 10-year Chabahar Port deal with Iran, bypassing Pakistan's Gwadar. The investment totals $370 million. The move strengthens regional ties and enhances trade routes amid escalating tensions.

A cohort of panelists and audience members berated Pershing Square CEO Bill Ackman in a small session at the Milken Institute Global Conference this year for his opposition to DEI initiatives.

The World Bank warns that escalating conflicts in the Middle East could push oil prices over $100 a barrel, potentially increasing the recent decline in global inflation and worsening economic challenges worldwide.

An economic delegation from North Korea visited Iran, marking the first known talks between the two countries since the start of the COVID-19 pandemic.

The shipping industry is urging the United Nations (UN) to take decisive action to protect merchant vessels and seafarers amid escalating attacks in the Middle East.

U.S. Treasury Secretary Janet Yellen announces forthcoming sanctions on Iran following its drone and missile attacks on Israel, using their oil exports to disrupt the country's destabilizing activities.

Rial, the currency of Iran, experienced a historic low against the US dollar after the country's extensive missile and drone attack on Israel over the weekend.

Several major Arab airlines have been forced to cancel their flight schedules over the weekend following Iran's strikes on Israel.

A potential increase in oil prices is expected following the recent attack on Israel by Iran, although the extent of possibilities gains hinges on the response.

The conflict between Iran and Israel has intensified, with Iran launching a series of attacks. These attacks have led to the closure of airspace in multiple nations, including Israel, Egypt, Iraq, and Syria.

The Biden administration is reportedly preparing to announce new sanctions on Iran in retaliation for its arms sales that have fortified Russia's defenses amid war with Ukraine.