Stories tagged “Us Sanctions.”
29 stories
Iran's Foreign Ministry has called on the Iraqi government to take action against US flight bans targeting Iran, condemning them as illegal and inhumane measures that violate international law and undermine bilateral relations.
Chinese President Xi Jinping is visiting Egypt to meet with Abdel Fattah al-Sissi, with discussions focusing on investments and the repercussions of the Middle East war and US sanctions on global economy and diplomacy. Both countries, partners of Iran, seek to strengthen …
Iran and Oman are discussing a proposal to reopen the Strait of Hormuz through a temporary route, but Tehran insists the U.S. must lift its blockade before ships can transit again. China has warned the U.S. against interfering in its interests after Washington declared it…
Takaichi rejects ‘weak-kneed’ criticism over ICC sanctions response
Prime Minister Sanae Takaichi has rejected criticism that her government responded too weakly to U.S. sanctions against International Criminal Court President Tomoko Akane.
The U.S. is threatening to cut businesses that help Iran evade sanctions off from the American financial system, putting China's banks in an uncomfortable position. China still has strong incentives to remain connected to dollar finance, but the country has alternatives.
Iraq's top judge, Faiq Zaidan, has condemned US economic terrorism against Iran, emphasizing Iraq's gratitude for Iran's support in the fight against terrorism. Zaidan also stressed the importance of expanding judicial cooperation between the two nations.
Iran's Acting Defense Minister Brig. Gen. Seyyed Majid Ibn Al-Reza has stated that any pressure targeting people's livelihood and security is part of war. He emphasized that the economy, comfort, and welfare of the people, along with security, are part of the field of def…
Oil prices steadied on Tuesday after falling more than 2 per cent in the previous session, as investors assessed the impact of harsher US secondary sanctions against Iran. Brent crude futures were down 9 cents, or 0.1 per cent, at US$92.16 by 1.04am GMT (9.04am, Singapore…
The US has announced new economic sanctions on Iran, targeting key sources of revenue, including oil and gas. The sanctions also expose Tehran's trade partners to secondary penalties.
The Islamic Revolutionary Guards Corps (IRGC) has declared its full readiness for strategic cooperation with the Iranian government against the US economic war. The IRGC considers synergy between the IRGC and the government to be the country's key to bypass multi-layered …
Iran seized a US oil cargo in 2023 and sold its oil to compensate for Iranian patients suffering from Epidermolysis Bullosa (EP). The proceeds will be distributed among the plaintiffs.
Iranian Parliament Speaker Mohammad Bagher Ghalibaf has warned US President Donald Trump that his new campaign to isolate Iran's economy would come at a cost to American taxpayers and businesses. Ghalibaf rebuked Trump and his planned initiatives, sharing a video showing …
Iran's currency and gold prices have surged amid US economic pressure, with the dollar reaching over 200,000 tomans and gold prices rising to 218 million tomans. The surge is attributed to concerns over the escalation of US pressure on Iran's foreign income.
Iran's foreign minister dismissed the threat of new U.S. sanctions as a sign of desperation on Sunday and said the expected new measures would fail to defeat Tehran. Iran's economy is already under huge pressure from international sanctions, its infrastructure has been hi…
Iranian Parliament Speaker Mohammad Bagher Ghalibaf has responded to former US President Donald Trump’s threats against countries trading with Iran, advocating for new regional security and economic arrangements.
U.S.-sanctioned ICC head Akane warns against 'demise of international rule of law'
International Criminal Court President Tomoko Akane of Japan warned against the "demise of international rule of law" after the United States imposed sanctions on her.
The US has threatened Iran with new sanctions, but Tehran's top crude buyer, China, appears unwilling to comply. Iran has warned of devastating retaliation against any new US threats.
The US government added 43 Chinese companies to an import blacklist over allegations of forced labor in Xinjiang, but the local textile industry remains calm and confident, having diversified its exports and weathered previous sanctions.
US Treasury Secretary Scott Bessent announced that the US will impose 'the toughest sanctions in history' on Iran, urging China to cooperate with Washington. Bessent stated that the sanctions will be a one-two punch, combining a blockade with economic pressure to collapse…
The US Senate has passed a bipartisan sanctions package aimed at tightening economic pressure on Russia and Iran. The bill authorises the US president to impose punitive tariffs and sanctions on countries that continue importing significant volumes of Russian oil and gas.…
The US Treasury Department has removed sanctions imposed on the Iraqi airline Fly Baghdad and two aircraft affiliated with the company. The decision was made following requests submitted by Fly Baghdad and after completing an administrative review process.
Cuba's national electricity grid has collapsed, plunging the island into a widespread blackout. The state-run Electric Union, known as UNE, announced the collapse on X late on Sunday but did not immediately identify its cause, the extent of the disruption or when electric…
Cuba's power grid has failed again, leaving five provinces without power. The country is experiencing its worst economic crisis in decades.
The US has sanctioned companies tied to the Iranian regime for using Bitcoin to bypass sanctions and accept payment for ships passing through the Strait of Hormuz.
A Spanish hotel chain, Meliá, is to cease all operations in Cuba at the end of the week due to growing pressure from Washington. The company cited 'major difficulties' in doing business on the island under US sanctions.
The US Treasury Department's Office of Foreign Assets Control (OFAC) has sanctioned two individuals and one entity for enabling ransomware attacks against US organizations. The sanctions target First VPN Service (1VPNS) and its administrator, Dmytro Rashevskyi, as well as…
US Fulfilling Trump's Threat, Launches Duros Ataques Against Iran
The US has launched duros ataques against Iran in response to the country's attack on three merchant ships in the Strait of Hormuz. The US has also withdrawn its permission for the international sale of Iranian oil, a concession that Iran had obtained in the bilateral pact.
India’s ONGC Considers Resuming Venezuela Oil Operations
India's ONGC is considering resuming oil operations in Venezuela. The company had previously suspended operations due to US sanctions.
Huawei's chip queen He Tingbo introduced a new scaling law at an academic conference in Shanghai. The law claims to achieve transistor sizes equivalent to advanced 1.4-nanometre processes by 2031 without EUV lithography machines due to US sanctions.