The United States is expected to announce on Monday that all buyers of Iranian oil will have to end their imports shortly or face sanctions, a source familiar with the situation told
Japan expects a limited impact from the US decision not to renew waivers previously granted on Iran oil import sanctions, the country’s trade and industry minister said on Tuesday.
US sanctions against Iran have denied its government more than $10 billion in oil revenue, a US official said on Thursday.
A South Korean ship has been detained for six months on suspicion of violating UN sanctions against the nuclear-armed North, Seoul’s foreign ministry said on Wednesday.
President Donald Trump may count Indian Prime Minister Narendra Modi among his international allies, but New Delhi is smarting over unexpected US decisions it sees as ignoring the interests of an increasingly close partner.
Iran said on Wednesday it had stopped respecting limits on its nuclear activities agreed under a 2015 deal with major powers until they find a way to bypass renewed US sanctions.
US President Donald Trump on Wednesday tightened the screws further on Iran with sanctions on its mining industry after a frustrated Tehran said it would suspend some promises it made under a nuclear deal rejected by Washington.
For years, Karar Hussein has sold sweets in his shop near the entrance to one of holiest shrines, accepting whatever currency was offered to him by his clients, many of them religious tourists from neighbouring Iran. But lately, when Iranian pilgrims ask about prices, he tells them he can only sell if they pay in Iraqi currency. They often walk out, disappointed.
Washington said it will oppose “the extension of any loan or financial or technical assistance to Russia” by international financial institutions and put limits on US banks from financing Russian