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China rejects US sanctions China firmly rejected recent US restrictions and sanctions, pledging to take necessary measures to safeguard its legitimate rights and interests.In a post on X Monday, Chinese foreign ministry Spokesperson Lin Jian said, “China firmly rejects the recent US restrictions and sanctions on China, and will do what is necessary to protect…
US agencies have imposed sanctions against eight Indian nationals and 10 companies for links with Iranian oil trade. As part of the latest round of global sanctions, the US state department’s actions were against 40 individuals, entities and vessels, while the US treasury acted against 60 entities. On the US treasury’s office of foreign assets…
Nayara Energy’s refinery has intensified its railway usage, dispatching two to three trains daily. (AI image) Nayara Energy, the Indian refinery with major Russian ownership, is scrambling to sustain operations after being hit by European Union sanctions. The Russian-owned refinery, facing exclusion from many international markets due to severe EU sanctions implemented on July 18,…
The United States on Thursday imposed a new round of sanctions accusing individuals and entities of helping Iran export oil and liquefied petroleum gas (LPG). A release by the US department of the treasury’s office of foreign assets control (OFAC) announced sanctions on over 50 individuals, companies and vessels for their alleged roles.According to an…
Iran foreign minister Abbas Araghchi (File photo) Iran announced on Sunday that its cooperation with the United Nations’ nuclear watchdog is no longer relevant after international sanctions were reimposed on the country. Foreign minister Abbas Araghchi said the Cairo Agreement, a deal signed in September with the International Atomic Energy Agency (IAEA), cannot continue under…
A wide range of UN sanctions on Iran’s nuclear program, previously lifted under the 2015 nuclear deal, were reimposed late Saturday after Britain, France, and Germany triggered the agreement’s “snapback” mechanism, accusing Tehran of failing to meet its commitments.The sanctions, which directly target Iran’s nuclear and ballistic missile programs, come at a tense moment following…
File photo (Picture credit: AP) The United Nations has reimposed wide-ranging sanctions on Iran over its nuclear programme, further tightening the squeeze on the Islamic Republic as it grapples with soaring food prices, currency collapse and fears of renewed conflict with Israel and the United States.According to news agency Associated Press (AP), the sanctions—revived through…
Iran’s rial tumbled to an all-time low of 1,074,000 against the US dollar on Wednesday, just ahead of Iranian President Masoud Pezeshkian’s scheduled address at the United Nations, AP reported.The sharp decline follows Supreme Leader Ayatollah Ali Khamenei’s rejection of direct talks with the United States over Iran’s nuclear programme, limiting the scope for diplomacy…
US Secretary of State Marco Rubio has suggested that the Donald Trump administration may be willing to “fix” the additional 25 per cent tariffs imposed on India over its purchases of Russian oil.In an interview with NBC News, Rubio said the US expects European nations to step up their own sanctions against Moscow. “I think…
This decision directly impacts India’s state-operated India Ports Global Limited (IPGL), which has managed the Shahid Beheshti terminal at the port. At a time when India and the US are looking to seal a trade deal, the Donald Trump administration has dealt a fresh blow to India’s trade and strategic ambitions by removing sanctions waivers…
