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Tuesday, May 12, 2026

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Tag: Power Of Attorney

Islamic Republic Bans Expatriates’ Power of Attorney, Seizes Assets

April 17, 2026

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DUBAI, May 12 (Reuters) – Kuwait’s interior minist

DUBAI, May 12 (Reuters) – Kuwait’s interior ministry said on Tuesday it had arrested four people affiliated with Iran‘s Revolutionary Guards who attempted to infiltrate the [Persian] Gulf state by sea, the state news agency KUNA reported.

The ministry added that one member of Kuwait’s armed forces was injured in clashes with the infiltrators.

Kuwait later summoned Iran‘s ambassador and handed him a protest note over what it described as the infiltration of Bubiyan Island by the Revolutionary Guards the foreign ministry said.

Bubiyan Island is the largest of Kuwait’s coastal island chain, located in ⁠the northwest of the [Persian] Gulf.

Kuwait condemned the incident as a hostile act and said it reserved the right to defend its sovereignty under Article 51 of the U.N. Charter.

(Reporting by Ahmed Elimam and Jana Choukeir, Editing by Timothy Heritage)

By Nandita Bose, Nayera Abdallah and Elwely Elwell

By Nandita Bose, Nayera Abdallah and Elwely Elwelly

WASHINGTON/DUBAI, May 11 (Reuters) – U.S. President Donald Trump said on Monday that a ceasefire with Iran was “on life support” after Tehran’s response to a U.S. proposal to end the war made clear the two sides were still far apart on a number of issues.

Iran has called for an end to the war on all fronts, including Lebanon, where U.S. ally Israel is fighting Iran-backed Hezbollah militants. Tehran also demanded compensation for war damage, an end to the U.S. naval blockade, a guarantee of no further attacks, and resumption of Iranian oil sales.

Tehran also emphasized its sovereignty over the Strait of Hormuz, where it has shut down shipping traffic that normally carries one-fifth of the world’s oil and gas supply.

Trump said Iran‘s response threatened the status of a ceasefire that has been in place since April 7.

“I would call it the weakest right now, after reading that piece of garbage they sent us. I didn’t even finish reading it,” he said.

The U.S. had proposed an end to fighting before starting talks on more contentious issues, including Iran‘s nuclear program.

Tehran defended its stance on Monday.

“Our demand is legitimate,” Foreign Ministry spokesperson Esmaeil Baghaei said.

Iran‘s parliament speaker Mohammad Baqer ‌Qalibaf said that Iran‘s armed forces are ready to respond decisively to any “act of aggression”.

Trump has repeatedly threatened to end the ceasefire between the two countries since it took effect on April 7. But he has also sought to downplay tensions following a series of naval clashes last week.

Brent crude oil futures traded 2.7% higher at around $104 a barrel, as the deadlock left the Strait of Hormuz largely closed. Before the war began on February 28, the narrow waterway carried one-fifth of the world’s oil and liquefied natural gas, and has since become a central pressure point in the conflict.

Disruption caused by the near-closure of the strait has forced oil producers to cut exports, and OPEC oil output dropped further in April to the lowest in more than two decades, a Reuters survey showed on Monday.

WASHINGTON, May 11 (Reuters) – The U.S. government

WASHINGTON, May 11 (Reuters) – The U.S. government on Monday announced sanctions against three people and nine companies, including four based in Hong Kong and four in the United Arab Emirates, for aiding Iran‘s shipment of oil to China. The ninth company is based in Oman.

The Treasury move follows sanctions announced on Friday on individuals and companies aiding Iranian purchases of weapons and components used to make drones and ballistic missiles.

It comes days before U.S. President Donald Trump’s planned meeting with Xi Jinping, where he is expected to press the Chinese leader to help resolve the standoff with Iran and reopen the critical Strait of Hormuz.

Treasury said the new designations by the Office of Foreign Assets Control were aimed at individuals and entities that helped Iran‘s Islamic Revolutionary Guard Corps sell and ship Iranian oil to China using a series of front companies in permissive economic jurisdictions.

Treasury Secretary Scott Bessent said the Trump administration would continue to ratchet up pressure on Tehran to deprive the Iranian government and military of funding for weapons, its nuclear program or support for proxies in the region.

“Treasury will continue to cut the Iranian regime off from the financial networks it uses to carry out terrorist acts and to destabilize the global economy,” Bessent said.

(Reporting by Andrea Shalal, Ismail Shakil and Daphne Psaledakis; Editing by Katharine Jackson and Sanjeev Miglani)

WASHINGTON, May 11 (Reuters) – The United States o

WASHINGTON, May 11 (Reuters) – The United States on Monday issued an alert to financial institutions warning of efforts by the Islamic Revolutionary Guard Corps’ to evade U.S. sanctions, as concerns mount of a resumption of hostilities in the conflict with Iran.

The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) said it issued the alert to assist financial institutions in identifying those funding and facilitating procurement networks supporting the IRGC.

FinCEN said the IRGC uses front companies, digital asset infrastructure, and other service providers to evade U.S. sanctions.

Iranian digital assets activity has reached billions of dollars per year, FinCEN said in the alert, citing industry reporting. It said Iran‘s government, including the IRGC, evades sanctions as part of the activity.

The alert comes after President Donald Trump said on Monday that a ceasefire with Iran was “on life support” after he rejected Tehran’s response to a U.S. peace proposal, fueling concerns of a resumption of hostilities in the 10-week-old conflict that has killed thousands and halted vital energy flows.

The U.S. maintains extensive sanctions against Iran. On Friday, the Treasury Department announced new measures against 10 people and companies, including several in China and Hong Kong, over accusations they aided Iran‘s efforts to secure weapons and the raw materials needed ‌to build its Shahed drones and ballistic missiles.

(Reporting by Daphne Psaledakis; editing by Michelle Nichols )

By S.D. Jabbari (S.D. Jabbari is an international

By S.D. Jabbari
(S.D. Jabbari is an international security analyst and an advocate for secular democracy in Iran. He serves on the Executive Committee of the Institute for Voices of Liberty (iVOL). He also advises diaspora groups including the Constitutionalist Party of Iran. The views expressed are his own.)

May 11 - As the war over the Strait of Hormuz enters its third month, the world is witnessing not only one of the most consequential disruptions in modern energy markets, but an even deeper moral failure in the West. Tehran’s effective closure of the strait, a waterway that normally carries about a fifth of the world’s oil and gas supplies, has shaken global markets and left Persian Gulf shipping exposed to missile, drone, and tanker attacks.

Alongside this crisis, another failure has come into sharper view: the moral bankruptcy of a liberal-progressive world view that has long used political relativism to excuse the inexcusable and rationalize the indefensible. By treating the Islamic Republic’s brutal repression of its own people, and its export of a millenarian revolutionary ideology, as matters of “cultural context,” an influential segment of the Western left has abandoned its own liberal inheritance.

Worse, at the very moment that Iranians are confronting both domestic tyranny and the consequences of the regime’s regional adventurism, that segment of opinion is helping obstruct one of the most important movements for freedom and democracy of the 21st century: the struggle taking shape in Iran.

For decades, many Western activists have viewed the Islamic Republic theocracy not as a domestic oppressor, but as a strategic asset in a global ideological power struggle. This perspective mirrors the historic totalitarian ideology of Marxism-Leninism, Maoism, and Socialist Fascism, where the individual is a mere pawn in a global chess match.

According to this logic, the Iranian people’s demand for dignity is often dismissed as an “imperialist” or “colonialist plot,” and the overwhelming consensus among Iranians for a secular democratic state is ignored.

A key part of this transition is the vision of the “Cyrus Accords” championed by Reza Pahlavi.

DUBAI, May 11 (Reuters) – Iran executed a man conv

DUBAI, May 11 (Reuters) – Iran executed a man convicted of spying for the U.S. and Israeli intelligence services, the judiciary’s Mizan news outlet reported on Monday.

Mizan identified the man as Erfan Shakourzadeh, saying he had worked at a scientific organisation involved in satellite activities and had shared classified scientific information with foreign intelligence services.

According to rights group Iran Human Rights Society, Shakourzadeh, a 29-year-old graduate of aerospace engineering, was arrested in 2025 and was forced into his confession.

(Reporting by Dubai Newsroom; Editing by Tom Hogue)

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