California tech CEO charged in 250-ton Iran sanctions scheme
What's new: Prosecutors say Jamshid Ghomi moved more than $15 million through offshore intermediaries and used some of it on a $35 million mansion.
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Ship traffic through Strait of Hormuz rises as US guides crossings
Why it matters: More sailings could ease pressure on oil, gas and goods flows after months of war disruption and stranded vessels.
BBC News (World), Bloomberg +4