The European Union on Monday urged Iran to put an “immediate end” to “unacceptable behavior,” including refraining from any further ballistic missiles tests or attempts to assassinate Iranian dissidents on European soil. The warning, which prompted a terse response from Tehran, has come amid pressure from the United States to counter growing Iranian influence in Europe and the Middle East. What […]
Trump Administration Sanctions Venezuela’s State-Run Oil Company…
The Trump administration on Monday announced sanctions against Venezuela’s state-run oil monopoly, PDVSA, in a move to kill the main source of revenue for the regime of Nicolas Maduro, and empower opposition leader Juan Guaido. The sanctions divert the proceeds of U.S. purchases of Venezuelan oil to a blocked account, preventing the regime of Maduro […]
Treasury Drops Sanctions Against Rusal After Striking Deal with Russian Oligarch…
Offering some relief to industrial firms in the US and Europe, which have struggled with higher aluminum prices (on top of Trump’s tariffs on aluminum entering the US), the Treasury announced on Wednesday that it has struck a deal with Russian billionaire Oleg Deripaska to remove sanctions on Rusal, En+ Group Plc and JSC EuroSibEnergo […]
U.S. Treasury Notifies McConnell on Status of Russian Oligarch Oleg Deripaska Sanctions…
Russian Oligarch, Justice Department and a Clear Case of Collusion…
Trump to Impose Oil Sanctions on Iran…
On Wednesday, President Trump decided to re-impose oil sanctions on the Islamic Republic of Iran saying that there is enough oil on the market to support global demand without Iran’s contribution. According to Trump, “there is a sufficient supply of petroleum and petroleum products from countries other than Iran to permit a significant reduction in […]
Treasury Sanctions Vast Financial Network Supporting Iranian Paramilitary Force That Recruits and Trains Child Soldiers…
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) took action today against a vast network of businesses providing financial support to the Basij Resistance Force (Basij), a paramilitary force subordinate to Iran’s Islamic Revolutionary Guard Corps (IRGC). Among other malign activities, the IRGC’s Basij militia recruits, trains, and deploys child soldiers […]
Credit Suisse Freezes $5B of Russian Money Due to U.S. Sanctions…
One of Switzerland’s largest banks, Credit Suisse, has frozen roughly 5 billion Swiss francs ($5 billion) of money linked to Russia to avoid falling foul of U.S. sanctions, according to its accounts, further increasing pressure on Moscow. The move by Credit Suisse, which owned aircraft surrendered by Russian tycoon Oleg Deripaska and had lent money […]
Trump Imposes First Round of Sanctions Against Iran Since Nuclear Deal Exit…
The Trump administration on Monday plans to reimpose the first round of sanctions against Iran since the U.S. withdrew from its nuclear agreement with the country earlier this year. Monday’s deadline marks the end of a 90-day “wind-down” period the administration provided to companies and individuals doing business with Iran after exiting the Joint Comprehensive […]
Rouhani: U.S. Not Trustworthy for Negotiations After Quitting Nuclear Deal…
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