// PROJECT

Sanctions architecture

Tracking how sanctions regimes are designed, implemented, and circumvented through shell companies, flag-hopping, and shadow logistics.

A Kremlin-Backed Payments Network Shared a Dubai Address With Iran’s Arms Network

A Kremlin-Backed Payments Network Shared a Dubai Address With Iran’s Arms Network

How Moscow's digital payments platform A7, Russia's shadow fleet brokers, and an Iranian oil-smuggling network became Dubai neighbors, and what it means as Washington extends its waiver to June 17.
The Wrong Question About Russian Oil

The Wrong Question About Russian Oil

Washington's emergency crude waiver debate misses the point. The real question is what 65 days of licensed Russian oil flows built underneath — and whether that architecture can be dismantled at all.
Shadow Fleet Waiver Tracker

Shadow Fleet Waiver Tracker

Every vessel, every waiver, every flag change across the 30-day window when Treasury paused enforcement. The full dataset behind the Iran-war surge in Russian seaborne oil.
Russia’s Shadow Fleet Didn’t Beat Sanctions. It Didn’t Have To

Russia’s Shadow Fleet Didn’t Beat Sanctions. It Didn’t Have To

57 million barrels of Russian oil moved during the Iran war while Treasury paused enforcement. The fleet did not outrun sanctions. The coalition that built them walked off the field.