May 19, 2026

Sanctions

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Us Sanctions China Oil Refinery: ‘Economic Fury’: US sanctions China’s ‘teapot’ refinery & 40 shipping companies, tightens pressure on Iran oil trade

contact@dailyupdatesindia.com03 mins

The United States has imposed fresh sanctions on a major China-based oil refinery and around 40 shipping companies and tankers linked to Iranian oil transport, escalating its campaign to choke Tehran’s key revenue stream.The move, announced on Friday, targets what Washington describes as an extensive “shadow network” used to move Iranian crude to global markets.It…

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Russian oil sanctions: US extends waiver for cargoes already at sea

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The US administration has decided to extend a narrow window for global buyers to purchase Russian oil shipments already at sea, despite earlier indications that such relief would not continue.Late Friday, the US Treasury Department published a new licence granting a roughly month-long waiver, which allows nations to buy Russian oil and petroleum products loaded…

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Highest in almost 3 years! India buying ‘all the Russian crude it can get its hands on’ as Trump sanctions threat fades

contact@dailyupdatesindia.com04 mins

Imports from Russia averaged 1.98 million barrels per day in March, the highest level since June 2023. (AI image) India is purchasing Russian crude oil in a big way as Strait of Hormuz disruptions continue to constrain global oil supply. India imports almost 90% of its crude oil needs and the ongoing US-Iran war has…

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First in 7 years! India to get Iran crude oil on US sanctions waiver; supply relief amid Strait of Hormuz disruptions

contact@dailyupdatesindia.com02 mins

Tracking data from LSEG showed that the vessel had earlier moved into Southeast Asian waters. (AI image) Amid the Middle East conflict, India is all set to get its first shipment of Iran crude oil in over seven years. The decision to buy comes as the Donald Trump administration has waived off sanctions on Iran…

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‘Lift all sanctions’: US-Iran agree to 2-week ceasefire – what’s in the 10-point plan

contact@dailyupdatesindia.com03 mins

Iran’s Supreme National Security Council announced that it has agreed to a two-week ceasefire in the ongoing conflict, with talks set to begin with the United States in Islamabad on Friday. US President Donald Trump has stepped back from earlier threats to expand attacks on Iran, saying this depends on Iran honoring the ceasefire and…

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Amid US-Iran war, India in talks with Trump administration for Chabahar port sanctions waiver; why it’s important

contact@dailyupdatesindia.com03 mins

India had obtained a six-month exemption from US sanctions for the Chabahar Port in October 2025. India’s strategic investment in Iran’s Chabahar Port is back in focus as the sanctions waiver granted by the US comes to an end soon. India is in discussions with both the United States and Iran to protect its strategic…

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