Iran Sanctions

US Imposes Sanctions On Iran Metals, Tehran Eases Nuclear Deal Compliance

World News | Reuters | Thursday May 9, 2019

U.S. President Donald Trump on Wednesday imposed new sanctions on Iran, targeting revenue from its exports of industrial metals, the latest salvo in tensions between Washington and Tehran over a 2015 international accord curbing the Islamic Republic's nuclear program.

India Monitoring Costs Of Importing Non-Iranian Oil: Report

Business | Indo-Asian News Service | Wednesday May 8, 2019

Oil imports from Iran in the past fiscal ended March amounted to about $9 billion, as per industry figures.

Can't Ensure Cheaper Oil Sales To India, Says US Amid Sanctions On Iran

India News | Reuters | Monday May 6, 2019

The US government will not ensure sale of its oil to India at cheaper rates as the commodity is controlled by private companies, US commerce secretary Wilbur Ross said today.

India Braces To Face Price Shock As It Stops Buying Iran Oil

India News | Reported by Nidhi Razdan, Edited by Debanish Achom | Wednesday May 1, 2019

India has to stop importing oil from Iran from today after the US ended its waiver to friendly nations on dealing with Tehran, a move that is likely to push up fuel prices. The US in November last year scrapped a multi-nation nuclear deal with Iran and re-imposed sanctions, which also does not grant exemptions to any oil customers of Iran.

Oil Near 2019 Highs After US Ends Iran Sanction Exemptions

Business | Thomson Reuters | Tuesday April 23, 2019

The United States on Monday demanded that buyers of Iranian oil stop purchases by May 1 or face sanctions, ending six months of waivers which allowed Iran's eight biggest buyers, most of them in Asia, to continue importing limited volumes.

India Hopes US Will Allow Allies To Buy Some Iranian Oil: Report

Business | Thomson Reuters | Monday April 22, 2019

The United States is expected to announce on Monday that buyers of Iranian oil need to end imports soon or face sanctions.

US Likely To End Sanctions Waiver For India, 7 Others On Iran Oil: Report

World News | Reuters | Monday April 22, 2019

The United States is expected to announce on Monday that all importers of Iranian oil will have to end their imports shortly or be subject to U.S sanctions, a source familiar with the situation told Reuters.

Oil Rises On Iran Sanctions Threat, Venezuela Shutdown

Business | Thomson Reuters | Tuesday April 2, 2019

Brent crude rose 26 cents, or 0.4 per cent, to $69.27 a barrel by 0025 GMT, having earlier touched $69.29, a new high for 2019.

Huawei Pleads Not Guilty in US Court in Iran Sanctions Case

Associated Press | Friday March 15, 2019

If convicted, Huawei could face fines, forfeiture and other financial penalties.

US An "Oath-Breaker", Says Iran President Hassan Rouhani

World News | Agence France-Presse | Wednesday January 30, 2019

Iran's President Hassan Rouhani slammed his critics defending the political achievements of a landmark 2015 nuclear deal and calling the US an "oath-breaker".

Hassan Rouhani Says US, Not Iran, To Be Blamed For Economic Crisis

World News | Reuters | Wednesday January 30, 2019

Iran's president said on Wednesday the country was facing its toughest economic situation in 40 years, and the United States, not the government, was to blame.

Huawei CFO Awaits Her Fate In Canadian Splendor

Business | Natalie Obiko Pearson, Bloomberg | Friday January 18, 2019

Meng's arrest at the behest of the US -- which wants to extradite her on grounds she tricked banks into potentially violating Iran sanctions -- has sparked an unprecedented diplomatic row.

Crazy Rich Iranians Face Backlash At A Time Of Sanctions, Economic Stress

World News | Erin Cunningham, The Washington Post | Wednesday January 16, 2019

The lives of Iran's privileged youths - including expensive holidays, glitzy parties and access to cash and jobs - have sparked public anger in recent months as US sanctions squeeze the economy.

US Grants Iraq 90-Day Extension To Iran Sanctions Waiver, Says Source

World News | Agence France-Presse | Thursday December 20, 2018

The United States has granted Iraq a 90-day extension to an exemption from reimposed sanctions on Iran to keep on importing energy, a government source said today.

Iran Sanctions: Afghanistan Appreciates US Exemption On Chabahar Port

World News | Press Trust of India | Tuesday December 18, 2018

Afghanistan has voiced appreciation for the "flexibility" shown by its "strategic partner" the US in exempting the Chabahar port project, being developed by India, from its tough sanctions against Iran.