US President Donald Trump suggested a temporary waiver of certain oil sanctions to curb soaring energy prices. He noted the US Navy could escort tankers through the Strait of Hormuz if necessary. This follows recent Treasury sanctions on Iran's "shadow fleet" used to fund military program
The US Department of State and Department of Treasury announced new sanctions targeting Iran's shadow oil network, naming companies and individuals across several countries, including India.
The US Department of State announced the sanctions on Wednesday, alleging the Indian firms knowingly engaged in "significant transactions" for the purchase and marketing of Iranian petroleum products, violating American sanctions on Iran.
The US has imposed new sanctions on Iranian oil exports after a recent ceasefire with Israel. Despite brief hopes for relief, tensions remain high with military strikes and diplomatic talks ongoing. Iran denies cooperation with the UN watchdog, while indirect US-Iran talks continue, Al Jazee
"Iran's behaviour has left it decimated. While it has had every opportunity to choose peace, its leaders have chosen extremism... Treasury will continue to target Tehran's revenue sources and intensify economic pressure to disrupt the regime's access to the financial resources that fuel its
The United States has imposed sanctions on six entities and six individuals in Iran and China for their involvement in procuring ballistic missile propellant ingredients for Iran's Islamic Revolutionary Guard Corps (IRGC).
During the Senate confirmation hearings, US Treasury Secretary-designate Scott Bessent called China an "unbalanced economy," and described the nation as being in a "severe recession."
The United States Treasury on Tuesday (local time) imposed new sanctions on Iranian and Russian entities accused of attempting to influence the US 2024 presidential election.
The UK government announced new measures against Iran and Russia, following the Iranian regime's transfer of ballistic missiles to Russia for use on the battlefield in Ukraine.
Pointing to constant intervention by the European and Western nations, Pakistan's Defence Minister Khawaja Asif has said that he is hopeful that the Iran-Pakistan gas pipeline project will be completed and that no obstacle would hamper the process, according to Geo News.
The main goal is to impose sanctions on Iran's missile project, including the supply of missiles to all proxy terrorist entities associated with it in the Middle East.
The main goal is to impose sanctions on Iran's missile project, including the supply of missiles to all proxy terrorist entities associated with it in the Middle East.