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Today โ€” 7 October 2026Main stream

How a Small Business Got Entangled in U.S. Sanctions on Iranian Oil

By: Max Kim
7 October 2026 at 09:02
The case of a small Malaysian shipping agency illustrates the challenges Washington faces in its effort to stanch the flow of Iranian oil.

ยฉ Ore Huiying for The New York Times

Shahul Hamid Ahmad, the owner of Tefcas Marine, a small shipping agency that was hit with U.S. sanctions, standing in his empty office in Johor Bahru, Malaysia, in September.
Before yesterdayMain stream

Trumpโ€™s Tariffs Push Canadian Companies to Look Past American Links

Shaken by tariffs and threats from the Trump administration, Canadian businesses are seeking markets and suppliers beyond the United States.

Since Canada imposed retaliatory tariffs in response to President Trumpโ€™s tariffs, the Canadian manufacturer Pacific Bolt has had to source steel domestically at prohibitive costs.
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