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sanctions
US-Iran nuclear talks to resume July 11 in Pakistan
Negotiations between the United States and Iran are scheduled to resume on July 11 in Pakistan, according to Al Arabiya, as the two countries prepare to tackle unresolved issues over sanctions, frozen Iranian assets, and Tehran's nuclear program.
Iran begins oil sales talks with Japan under US sanctions waiver
Iran has begun negotiations to sell crude oil to Japanese companies for the first time since 2019, though prospective buyers are seeking an extension of the current US sanctions waiver beyond its August 21 expiration and reassurances on safe shipping…
Hengli scraps 6 million barrels of oil as sanctions bite
China's Hengli Petrochemical has cancelled purchases of at least 6 million barrels of non-Iranian crude oil and slashed its refinery output to half capacity, as US sanctions imposed over alleged Iranian oil purchases continue to ripple through global trade flows.
Apple pulls VK apps from App Store, drawing Kremlin rebuke
Apple removed apps belonging to Russia's largest social media company VK from its App Store on Thursday, prompting Moscow to demand an explanation and advise Russian citizens to switch to alternative operating systems.
U.S. and Iran clash over nuclear deal terms days after signing
The United States and Iran are publicly disputing fundamental elements of the framework deal they signed last week to end their war, with each side offering sharply different accounts of what was agreed regarding nuclear inspections and the use of…
Alibaba sues Pentagon over Chinese military designation
Alibaba filed a lawsuit against the U.S. Department of Defense on Tuesday, challenging its designation as a "Chinese military company," according to a court filing reported by Reuters. The legal action escalates the Chinese e-commerce giant's pushback against the Pentagon's…
US, Iran finalize deal to release $12B in frozen assets
Iran's chief negotiator Mohammad Bagher Ghalibaf announced Monday that the United States and Iran have finalized an agreement to release $12 billion in frozen Iranian assets in two tranches of $6 billion each, following the conclusion of the first round…
Mexico seeks to restart oil shipments to Cuba amid crisis
Mexican President Claudia Sheinbaum announced on Sunday that her country is seeking to restart oil shipments to Cuba, as the Caribbean island faces a humanitarian emergency driven by months of fuel deprivation that has shuttered schools, suspended hospital surgeries, and…
US Treasury issues 60-day license for Iranian oil sales
The U.S. Treasury Department on Monday issued a sweeping 60-day general license authorizing the production, delivery, and sale of Iranian crude oil, petrochemicals, and petroleum products through August 21, in what amounts to the broadest sanctions waiver on Iranian energy…
Iran eyes $105B annual oil windfall as US deal lifts export barriers
Iran stands to generate more than $105 billion annually from oil exports if sanctions are fully lifted under the memorandum of understanding signed with the United States this week, while Tehran has already laid the groundwork to charge transit fees…
UAE agreed to unlock billions for Iran, sources say
The United Arab Emirates has agreed to release billions of dollars for Iran in a tactical shift aimed at halting Iranian attacks on the Gulf state, Reuters reported on Thursday, citing four sources with knowledge of the arrangement.
White House defends Cuba sanctions after UN warns children are dying
The Trump administration on Wednesday defended its sanctions on Cuba after the United Nations' top human rights official warned that U.S. measures were causing "widespread harm to the population and endangering lives," escalating a diplomatic confrontation over Washington's economic pressure…
Iran condemns US sanctions on its envoy to Lebanon
Iran's Foreign Ministry on Friday strongly condemned the US Treasury Department's decision to sanction Tehran's designated ambassador to Lebanon, Mohammad Reza Sheibani, calling the move "illegal and unjustified" and accusing Washington of violating international law and the UN Charter.
EU’s Kallas says Putin is ‘weaker than ever’ on Ukraine
EU foreign policy chief Kaja Kallas told reporters on Monday that Russian President Vladimir Putin is "in a weaker position than he has ever been before," following a meeting of EU foreign ministers in Brussels where the bloc adopted new…
Iran’s record internet blackout threatens mass layoffs as economic toll mounts
Iran's economy is reeling from the combined effects of war, a record-long internet blackout, and an intensifying U.S. sanctions campaign, with mass layoffs sweeping across industries from petrochemicals to the tech sector and threatening the livelihoods of millions.
US sanctions Chinese satellite firms over Iran war
The United States on Friday imposed sanctions on three Chinese companies accused of supplying satellite imagery that enabled Iranian military strikes against American forces in the Middle East, a move that adds a layer of tension just days before President…
EU moves to cut Venice Biennale funding over Russia’s return
The European Union escalated its standoff with the Venice Biennale on Tuesday, with EU foreign policy chief Kaja Kallas declaring that Russia's participation in the storied art exhibition is "morally indefensible" as the bloc moves to strip funding from the…
EU threatens to cut Venice Biennale funding over Russian pavilion
The European Commission warned on March 10 that it could suspend or terminate grant funding for the Venice Biennale after organizers allowed Russia to reopen its national pavilion at the 2026 exhibition, marking Moscow's first participation since its full-scale invasion…