Oil And Financial Sanctions

Financial markets brace for more turmoil this week as the Russia-Ukraine conflict shows little signs of easing. At the same time, European Union nations consider joining the US in a Russian oil embargo sanction.

Investors' sentiment turned sour on concerns of the impact of aggressive economic sanctions on Russia in response to its invasion of Ukraine.

China denounced new US sanctions targeting Iran's oil and financial sectors as "long-arm jurisdiction" on Monday and vowed to continue its bilateral trade with the Islamic republic.

The United States is reimposing punitive measures targeting the Iranian oil and financial sectors in what US Secretary of State Mike Pompeo called "the toughest sanctions ever placed" against Iran.

Iran's President Hassan Rouhani said the Islamic republic "will proudly bypass sanctions" by the United States that took effect on Monday targeting the country's oil and financial sectors. "I announce that we will proudly bypass your illegal, unjust sanctions because it's against international regulations," Rouhani said in a televised speech. "We a...

The United States reimposes oil and financial sanctions against Iran on Monday, significantly turning up the pressure on Tehran in order to curb its missile and nuclear programs and counter its growing military and political influence in the Middle East. The move will restore U.S. sanctions that were lifted under a 2015 nuclear deal negotiated by t...

President Barack Obama imposed the biggest package of US economic sanctions yet on Russia on Wednesday, hitting Russia's largest oil producer Rosneft and other energy, financial and defense firms, with what he called significant but targeted penalties.

The deal is a chance for Iran's new leadership to revive the country's economy, plagued with high inflation and a weakened currency since being cut off from the global financial system after sanctions were imposed in 2012.

Street traders were exchanging one dollar for 23,710 Iranian rials, according to several specialised websites with real-time rates and one trader reached by telephone. That represented a depreciation of more than three percent since yesterday and more than eight percent since last Wednesday, when President Mahmoud Ahmadinejad admitted on state tele...

RBS has halted payments to a Greek shipping firm that transported Iranian oil for an Indian shipping company.

The United States has served notice on India and 11 other major importers of Iranian oil that a decision on imposing financial sanctions on them would depend on progress in cutting down supplies from Tehran.

India, publicly disdainful of sanctions to pressure Iran, has been left off a list of nations given a U.S. waiver from the measures, but is privately pushing its refiners for substantial cuts in imports from the Middle Eastern country. The United States gave exemptions on Tuesday from its crippling financial sanctions to Japan and 10 EU nations, bu...

Financial markets brace for more turmoil this week as the Russia-Ukraine conflict shows little signs of easing. At the same time, European Union nations consider joining the US in a Russian oil embargo sanction.

Investors' sentiment turned sour on concerns of the impact of aggressive economic sanctions on Russia in response to its invasion of Ukraine.

China denounced new US sanctions targeting Iran's oil and financial sectors as "long-arm jurisdiction" on Monday and vowed to continue its bilateral trade with the Islamic republic.

The United States is reimposing punitive measures targeting the Iranian oil and financial sectors in what US Secretary of State Mike Pompeo called "the toughest sanctions ever placed" against Iran.

Iran's President Hassan Rouhani said the Islamic republic "will proudly bypass sanctions" by the United States that took effect on Monday targeting the country's oil and financial sectors. "I announce that we will proudly bypass your illegal, unjust sanctions because it's against international regulations," Rouhani said in a televised speech. "We a...

The United States reimposes oil and financial sanctions against Iran on Monday, significantly turning up the pressure on Tehran in order to curb its missile and nuclear programs and counter its growing military and political influence in the Middle East. The move will restore U.S. sanctions that were lifted under a 2015 nuclear deal negotiated by t...

President Barack Obama imposed the biggest package of US economic sanctions yet on Russia on Wednesday, hitting Russia's largest oil producer Rosneft and other energy, financial and defense firms, with what he called significant but targeted penalties.

The deal is a chance for Iran's new leadership to revive the country's economy, plagued with high inflation and a weakened currency since being cut off from the global financial system after sanctions were imposed in 2012.

Street traders were exchanging one dollar for 23,710 Iranian rials, according to several specialised websites with real-time rates and one trader reached by telephone. That represented a depreciation of more than three percent since yesterday and more than eight percent since last Wednesday, when President Mahmoud Ahmadinejad admitted on state tele...

RBS has halted payments to a Greek shipping firm that transported Iranian oil for an Indian shipping company.

The United States has served notice on India and 11 other major importers of Iranian oil that a decision on imposing financial sanctions on them would depend on progress in cutting down supplies from Tehran.

India, publicly disdainful of sanctions to pressure Iran, has been left off a list of nations given a U.S. waiver from the measures, but is privately pushing its refiners for substantial cuts in imports from the Middle Eastern country. The United States gave exemptions on Tuesday from its crippling financial sanctions to Japan and 10 EU nations, bu...