Mike Huneke was Quoted by Dow Jones Risk Journal and The Wall Street Journal

June 17, 2025 – Mike Huneke was quoted by Dow Jones Risk Journal on the sanctions and export controls implications of the Israeli strikes on Iran. The article quoting him was also featured in The Wall Street Journal’s Morning Risk Report.

Due to the strikes, significant quantities of Iranian infrastructure, especially buildings and equipment involved in arms-making and nuclear enrichment, have been destroyed. Mike told Dow Jones that Tehran’s rebuilding efforts could see the regime attempt to source heavy machinery and other goods subject to U.S. export controls.

He went on to explain that businesses selling so-called dual use goods – items with military and civilian purposes – should be on guard against shipments ultimately being diverted to Iran.

Mike told the publication that businesses should be wary of sudden spikes in demand, new business with companies based in countries trading with Iran, unnecessarily complex logistics flows and buyers who seem unusually nonplussed about warranties, or who are willing to overpay. Under several “catch-all” provisions of the U.S. export controls, sales that companies know or think have a high probability of being used in the Iranian nuclear program are also prohibited.

“Under these catchall provisions, if you ship a paper clip from the United States with knowledge that it was going in Iran’s nuclear program, that would be a violation of U.S. export controls,” Mike said.