A report published on October 6th, 2025, by The Wall Street Journal, citing sources from [@laurnorman](https://twitter.com/laurnorman) and [@jamestareddy](https://twitter.com/jamestareddy), reveals that China is making payments for Iranian oil through an unregistered financial entity. These funds are reportedly allocated to development projects within Iran and are insured by Sinosure, a significant state-backed firm. The reporting, shared on X by [@gbrew24](https://x.com/gbrew24/status/1975021493148061865), details how this arrangement allows China to bypass United States sanctions against Iran. The specific financial mechanisms and the role of the unregistered entity in facilitating these transactions are central to the report's findings. This development comes amid ongoing international efforts to monitor and enforce sanctions on Iran. The active use of alternative financial channels by major economies like China suggests a persistent challenge in global financial oversight. Separately, on October 5th, 2025, joint security forces in Lahj, Yemen, intercepted a boat carrying drone equipment linked to the Houthis. This operation, led by Brigadier General Hamdi Shukri, resulted in the arrest of three smugglers and is part of broader efforts to disrupt Houthi arms shipments.
