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Descartes Systems said total revenue rose 15% year over year to $193.6 million and adjusted EBITDA increased 20% to a record $89.8 million. The company also highlighted AI investment plans and the IDELIC acquisition.
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is revoking Iran-related General License X and issuing Iran-related General License X1, for the "Revocation and Wind Down of June 21, 2026 Authorization for the Production, Delivery and Sale of Crude Oil, Petrochemical Products, and Petroleum Prod
The US has issued a sweeping rollback of Iran oil sanctions, unlocking billions of dollars in revenue for Tehran
The US issues a 60-day exemption allowing Iran to produce and sell crude oil, petrochemical and petroleum products in US dollars, unlocking billions in revenue for Tehran
Iran's Parliament Speaker reaffirms Tehran's administration of the Strait of Hormuz in accordance with international law
The US issues a general license for Iran-related oil sales.