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US Sanctions News
US extends sanctions deadline for 3 Russian companies
Sat, Nov 10, 2018
The Treasury said in a statement that it will extend its sanctions date on EN+ Group, United Company RUSAL, and GAZ Group from December 12 to January 7, 2019. The three Russian companies was designated in April for the connections with Deripaska.
Factbox: The knowns and unknowns of U.S. Iran oil sanction waivers
Fri, Nov 09, 2018
The United States on Monday re-imposed sanctions against Iran`s oil exports to punish Tehran for its involvement in several Middle Eastern conflicts.
U.S. renews Iran sanctions, grants oil waivers to India, China, seven others
Tue, Nov 06, 2018
The United States snapped sanctions back in place on Monday to choke Iran`s oil and shipping industries, while temporarily allowing top customers such as China and India to keep buying crude from the Islamic Republic.
India expected to get waiver from US sanctions against oil importers
Sat, Nov 03, 2018
Trump had announced the reimposition of sanctions in May when he withdrew the US from the agreement made by the five permanent members of the Security Council, Germany and the European Union (EU) with Iran to end its nuclear weapons programme.
US withdraws duty-free concession on import of 50 Indian products
Fri, Nov 02, 2018
Indian products removed from the GSP include areca nuts, mangoes processed by vinegar or acetic acid, sandstone cut in slabs, whole buffalo skin leather, plain weave handloom cotton fabrics containing over 85 per cotton by weight, handloom carpets and textile floor coverings.
Iran oil exports highest since nuclear deal at 2.7 million bpd despite US threats of fresh sanctions
Sat, Jun 02, 2018
The bulk of Iran`s crude exports, at least 1.8 million bpd, goes to Asia. Most of the rest goes to Europe and these volumes are seen by analysts and traders as the more vulnerable to being curbed by U.S. sanctions. European powers still see the nuclear accord as the best chance of stopping Tehran from acquiring a nuclear weapon and have intensified efforts to save the pact.
Russian oil firm Tatneft ran Crimea fuel station, despite sanctions risk
Wed, Dec 20, 2017
Most big Russian oil firms pulled out of Crimea after Washington imposed sanctions over Moscow`s annexation of the region from Ukraine in 2014 and threatened to put any company operating on the peninsula on its list of sanctioned entities.
Modi in Iran: It would be a shame for India to miss all the action
Sun, May 22, 2016
It was a V.I.P. ticket I had picked up for the over five-hour bus journey from Isfahan to Tehran, including small eats and unlimited water for below $10. The bus glided smoothly on impeccable roads for the 450km drive.