US sanctions 8 Canadian entities over alleged Iran links and money transfers

The US Treasury has sanctioned eight Canadian entities over alleged financial dealings involving Iran. (File Photo/AFP)

The US imposed sanctions on eight Canadian entities over allegations that they enabled international transactions involving Iran. The US Treasury has sanctioned eight Canadian entities over alleged financial dealings involving Iran. (File Photo/AFP) The Treasury Department announced new penalties Friday on money services it claimed were helping Tehran and individuals with connections to the country … Read more

India slams global energy disruptions through sanctions, chokepoints

India slams global energy disruptions through sanctions, chokepoints

Washington, External Affairs Minister S Jaishankar strongly disapproved of disruptions in global oil supplies through sanctions and chokepoints, saying deliberate attacks on energy trade and infrastructure were a calculated strategy to hold prices hostage. India slams global energy disruptions through sanctions, chokepoints Jaishankar’s remarks at the G20 Foreign Ministers’ Meeting in Atlanta on Friday came … Read more

DR Congo says Rwanda flouting pact, US sanctions justified

DR Congo says Rwanda flouting pact, US sanctions justified

The Democratic Republic of Congo’s foreign minister told AFP Thursday that US sanctions on Rwanda were justified as Kigali had failed to withdraw its troops from Kinshasa’s territory as pledged. DR Congo says Rwanda flouting pact, US sanctions justified Therese Kayikwamba Wagner said DR Congo had made progress in its promise, made under the same … Read more

UN condemns US sanctions on Cuba as 17 countries vote against resolution amid Washington's push

The UN voted to condemn the US embargo on Cuba, but support fell as Washington persuaded more countries to abstain or oppose it. (Photo by Fabrice COFFRINI / AFP) (AFP)

The United Nations General Assembly has voted for the 34th year to condemn the US economic embargo on Cuba, but support for the resolution fell sharply after the Trump administration pushed countries to change their positions. The UN voted to condemn the US embargo on Cuba, but support fell as Washington persuaded more countries to … Read more

US sanctions Greece-, Panama-based law firm over aid to Iranian shipping

US sanctions Greece-, Panama-based law firm over aid to Iranian shipping

WASHINGTON, – The US Treasury Department imposed sanctions on Wednesday on Karnakis & Karnakis, a law firm based in Greece and Panama, saying it had for years provided legal assistance to Iranian shipping networks. US sanctions Greece-, Panama-based law firm over aid to Iranian shipping The US Financial Crimes Enforcement Network also issued an administrative … Read more

Oil prices fall from 5-month high as Trump eases Russia sanctions amid Middle East supply fears

Oil prices fall as Trump eases Russia sanctions amid Middle East supply fears. (Pexel/Representative image) (Pexel)

Oil prices fell on Monday after reaching a five-month high, as investors booked profits following a recent rise in prices. US President Donald Trump’s decision to ease some sanctions and tariffs on Russia also weighed on prices, as it could allow more Russian fuel to enter the global market. Oil prices fall as Trump eases … Read more

Republican lawmaker hits out at Trump over Russia sanctions waiver, says he is 'prolonging the war, not ending it'

Donald Trump has waived key parts of a Russia sanctions law, drawing criticism from lawmakers and Ukraine’s Zelensky. (Getty Images via AFP)

US President Donald Trump has blocked key parts of a Russia sanctions law just two days before they were due to take effect. He signed an executive order on Friday evening waiving key sanctions and tariffs meant to pressure Russia to end its war in Ukraine, which began in February 2022. Donald Trump has waived … Read more

President wants 60 days to analyse impact of Russia sanctions law: Rubio

President wants 60 days to analyse impact of Russia sanctions law: Rubio

Washington, US President Donald Trump wants to take a 60-day period to analyse what imposing sanctions on Russia and tariffs on other countries would mean for the global economy, Secretary of State Marco Rubio said here. President wants 60 days to analyse impact of Russia sanctions law: Rubio Rubio was responding to questions on Saturday … Read more

Two Mumbai-based firms, 5 Indian nationals face US sanctions over Iran oil trade

Two Mumbai-based firms, 5 Indian nationals face US sanctions over Iran oil trade

Washington, The US on Thursday imposed sanctions on two Mumbai-based firms and five Indian nationals associated with them over allegations of being involved in the trade of petroleum products from Iran. Two Mumbai-based firms, 5 Indian nationals face US sanctions over Iran oil trade The US Department of State action targeted SSPL Solutions Private Limited … Read more

US targets Iran with fresh sanctions as conflict drags; 27 companies, six individuals and 22 vessels named

A White House official said Trump has all options available at any time amid war with Iran. (File Photo/Bloomberg)

The United States has announced a fresh round of Iran-related sanctions targeting 27 companies, six individuals and 22 vessels, as the Trump administration intensifies economic pressure on Tehran and seeks to disrupt its oil trade and alleged sanctions-evasion networks, Al Jazeera reported. A White House official said Trump has all options available at any time … Read more