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Sanction News

US blacklists Iraq firm as Revolutionary Guard guns front

Washington - The US Treasury placed Iraq-based South Wealth Resources on its sanctions blacklist Wednesday, saying the company is an important weapons trafficking and financial front for Iran's Islamic Revolutionary Guard Corps.

US imposes sanctions on Syrian mogul for aiding Assad

Washington - The United States on Tuesday imposed sanctions on one of Syria's most prominent industrialists, Samer Foz, known for high-end holdings including the Four Seasons hotel in Damascus, for allegedly enriching President Bashar al-Assad.

Clooney urges action on Sudan generals' assets

Washington - Hollywood star and activist George Clooney on Tuesday urged the international community to go after illicit money from Sudan, voicing hope that financial pressure would change the calculus for generals who violently put down pro-democracy protests.

US hits Iran petrochemical group PGPIC with sanctions

Washington - The United States has hit Iran's petrochemical group PGPIC with economic sanctions due to its ties with the country's Revolutionary Guards (IRGC), the Treasury Department announced on Friday.

Cuba's support for Maduro 'not negotiable' despite US sanctions

Havana - Cuba on Thursday rejected the latest US restrictions on travel to the island and stressed that its support for Venezuela's President Nicolas Maduro is "not negotiable.

US moves to bar American tourists from visiting Cuba

Washington - The Trump administration clamped down on US tourist visits to Cuba Tuesday, aiming to cut the flow of dollars to a country that Washington accuses of helping prop up Venezuelan President Nicolas Maduro.

US tightens Cuba sanctions, ends group travel

Washington - The Trump administration banned group educational travel to Cuba on Tuesday, cutting off one of the main avenues for Americans to visit the Caribbean island.

India has ended Iranian oil imports: envoy

Washington - India has ended all imports of oil from Iran, its ambassador in Washington said Thursday, becoming the latest country to grudgingly comply with threatened US sanctions.

US sanctions Mexican judge, ex-governor for corruption

Washington - The United States on Friday sanctioned a Mexican judge and a former state governor for corruption and maintaining links with drug cartels.

US targets shippers for bringing Venezuela oil to Cuba

Washington - The United States on Friday imposed sanctions on two shipping companies for delivering Venezuelan oil to ally Cuba in what it called a response to actions against opposition lawmakers in Caracas.

Iran Air appoints new US-sanctioned CEO

Tehran - Tehran has appointed a new CEO to head national airline Iran Air, state news reported, replacing its first female CEO with a US-blacklisted pilot.

Iran says neighbours exaggerating oil capacity

Tehran - Iranian Oil Minister Bijan Namdar Zanganeh on Wednesday claimed two neighbouring countries were "exaggerating" their production capacity to reassure markets after the US ended sanction waivers for buyers of Iranian crude.

Ending sanctions waiver will anger US allies: Iran FM

Washington - The US decision to end sanctions waivers for purchases of Iranian oil later this week will backfire by angering Washington's allies, Tehran's Foreign Minister Mohammad Javad Zarif said Sunday.

US targets Venezuelan foreign minister in new escalation

Washington - The United States on Friday imposed sanctions on Venezuela's foreign minister, escalating its pressure campaign aimed at removing President Nicolas Maduro.

US imposes sanctions on Venezuelan foreign minister

Washington - The United States on Friday imposed sanctions on Venezuelan Foreign Minister Jorge Arreaza as it tries to ramp up pressure to remove President Nicolas Maduro.

Iran FM warns US over Strait of Hormuz

New York - Iran's foreign minister on Wednesday warned the United States of unspecified "consequences" if it tried to seal off to Tehran the Strait of Hormuz, the strategic passage into the oil-rich Gulf.

Iran's Khamenei says US oil sanctions won't go 'without response'

Tehran - Iran's supreme leader Ayatollah Ali Khamenei on Wednesday called the end of oil sanction waivers by the United States a "hostile measure" that "won't be left without a response"."US efforts to boycott the sale of Iran's oil won't get them anywhere.

White House economist sees no impact on oil prices from Iran sanctions

Washington - The decision to tighten sanctions on Iran will have "no material impact" on oil prices given the large US supply of petroleum, White House economic advisor Larry Kudlow said Tuesday. "We are a country awash with oil and gas," Kudlow said.

Israel's Netanyahu praises Trump move to end waivers on Iran oil

Jerusalem - Israeli Prime Minister Benjamin Netanyahu praised a White House announcement on Monday ending sanctions exemptions for Iran's oil customers, calling it "of great importance" in boosting pressure on Tehran.

US imposes sanctions on Venezuela's central bank

Miami - The United States on Wednesday announced sanctions against Venezuela's central bank in its latest effort to strangle President Nicolas Maduro's cash flow.

Iran Rouhani says floods revealed 'vicious' nature of US

Tehran - Iran's President Hassan Rouhani said Wednesday that the United States' reaction to floods that killed dozens of people had revealed Washington's "vicious" nature.

Russia's Deripaska says US sanctions could shutter auto maker GAZ

Nizhny Novgorod - Russian oligarch Oleg Deripaska is adamant that unless the United States lifts sanctions against both him and his company GAZ, the carmaker could be forced to close by the summer.

Turkey hopeful US will extend waiver on Iran sanctions

Washington - Turkey voiced hope Tuesday that the United States will extend an exemption in sanctions to allow it to keep buying oil from Iran, despite tensions between the allies on multiple fronts.

Venezuela slams US bid to cover 'invasion' with aid

Geneva - US calls for Venezuela to allow more aid into the country are just a smokescreen to cover a "foreign invasion", Caracas's ambassador to the United Nations in Geneva said Tuesday.

US designates Iran's Revolutionary Guards as terrorist organization

Washington - The United States on Monday designated Iran's elite Revolutionary Guards as a terrorist organization, ramping up already far-reaching efforts to undermine the clerical government in Tehran -- which swiftly retaliated by calling US troops terrorists.

US designates Iran's Revolutionary Guards as terrorist organization

Washington - The United States on Monday designated Iran's elite military force, the Islamic Revolutionary Guard Corps, a terrorist organization, ramping up already far-reaching attempts to undermine the Iranian government.

US designates Iran's Revolutionary Guards as terrorist organization

Washington - President Donald Trump on Monday announced the United States is designating Iran's elite military force, the Islamic Revolutionary Guard Corps, a terrorist organization.

US moves to cut off Venezuela oil, Cuba trade

Washington - The United States on Friday announced sanctions on ships of Venezuela's state oil company and companies that link it to key ally Cuba, hoping to cut off vital lifelines for President Nicolas Maduro.

Iran FM says Europe incapable of bypassing US sanctions

Tehran - Iranian Foreign Minister Javad Zarif said on Wednesday European powers were incapable of bypassing sanctions imposed on Tehran by the US after it withdrew from the Iran nuclear deal.

US slaps sanctions on Venezuelan bank

Washington - The United States on Friday slapped sanctions on a key Venezuelan bank, BANDES and four affiliates over their support for President Nicolas Maduro.
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