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Sanction News

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.

Trump drops new N.Korea sanctions because he 'likes' Kim: W.House

Washington - President Donald Trump on Friday abruptly announced the cancellation of sanctions imposed by his own Treasury Department to tighten international pressure on North Korea."It was announced today by the U.S.

US sanctions Chinese ships over N.Korea sanctions

Washington - The United States on Thursday imposed sanctions on two Chinese shipping companies for doing business with North Korea, vowing to keep strictly enforcing sanctions on Pyongyang even amid top-level diplomacy.

Senators ask US to sanction Myanmar army chief

Washington - Senators called Wednesday for the United States to slap sanctions on Myanmar's army chief, saying more needed to be done to bring accountability over the campaign against the Rohingya.

UN rights chief steps up criticism of Trump's Venezuela sanctions

Geneva - The UN human rights chief on Wednesday stepped up her criticism of US sanctions against Venezuela's government, a day after President Donald Trump warned Washington could still impose "tougher" measures.

US extends Iraq waiver over Iran sanctions

Washington - The United States is extending a waiver to let energy-hungry Iraq keep buying power from Iran, despite Washington's campaign of sanctions aimed at curbing Tehran, an official said.

Iran's Mahan Air cancels Paris flights over 'sanctions'

Tehran - Iran's Mahan Air has been forced to cancel its Paris flights over "sanctions", its customer services team said Tuesday weeks after Germany banned the airline."We have been told that (flights to France) have been cancelled...

Russian oligarch Deripaska sues US over sanctions

Washington - Russian oligarch Oleg Deripaska filed suit against the US Treasury Friday, accusing it of illegally targeting him for sanctions and victimizing him as part of the Russia meddling investigation.

UN says North Korea defied sanctions with luxury vehicles

New York - UN sanctions monitors are investigating Kim Jong Un's luxury purchases of a Rolls-Royce, Mercedes-Benz limousines and Lexus four-wheel-drive vehicles rolled out during the North Korean leader's recent international meetings, the head of the panel told ...

US sanctions Russia-based bank over Venezuela dealings

Washington - The US Treasury slapped sanctions Monday on a Russia-based bank partly owned by Venezuela for its support for the government of embattled President Nicolas Maduro and the sanctioned state oil company PDVSA.

Lebanon's Hezbollah appeals for donations to combat sanctions

Beirut - Lebanon's Hezbollah movement on Friday called for donations from its popular base because it says it is coming under financial pressure as a result of Western sanctions.

US slaps new sanctions on Venezuela regime as Russia ups support

Washington - The United States and Russia clashed Friday over how to assist crisis-wracked Venezuela, with Moscow pledging new relief channeled through President Nicolas Maduro and Washington slapping sanctions over the blocking of US aid it tried to push through t...

US sanctions six Venezuelan security officials over blocking aid

Washington - The United States imposed sanctions Friday on six Venezuelan security officials for obstructing aid that Washington had tried to force in as part of its effort to support the country's opposition leader against President Nicolas Maduro.

US slaps sanctions on Venezuelan governors supporting Maduro

Washington - The United States imposed sanctions Monday on the governors of four Venezuelan states aligned with embattled President Nicolas Maduro for standing in the way of humanitarian aid shipments.

US slaps sanctions on Venezuelan governors supporting Maduro

Washington - The United States imposed sanctions Monday on the governors of four Venezuelan states aligned with embattled President Nicolas Maduro for standing in the way of humanitarian aid shipments.

Former US Air Force agent charged with defecting to Iran

Washington - The US Justice Department charged a former Air Force intelligence official Wednesday with spying for Iran, saying she exposed a fellow US agent and helped the Revolutionary Guard target her former colleagues for cyber attacks.
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