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US Sanctions Over 50 Firms, Including Indian Nationals, Over Iran Oil Trade
The US Department of the Treasury's Office of Foreign Assets Control (OFAC) on Thursday announced sanctions against more than 50 individuals, entities, and vessels for facilitating Iranian oil and LPG sales and shipments from Iran.
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China Keeps Buying Oil From Russia And Iran Despite US Pressure
US and Chinese officials may be able to settle many of their differences to reach a trade deal and avert punishing tariffs, but they remain far apart on one issue: the US demand that China stop purchasing oil from Iran and Russia.
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US Imposes New Sanctions Targeting Iran oil Trade, Hezbollah, Treasury Dept Says
The United States imposed sanctions against a business network that smuggles Iranian oil disguised as Iraqi oil, as well as sanctions targeting a Hezbollah-controlled financial institution, the Treasury Department said.
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Iran Made Preparations To Mine Strait Of Hormuz: US sources
The Iranian military loaded naval mines onto vessels in the Persian Gulf last month, a move that intensified concerns in Washington that Tehran was gearing up to blockade the Strait of Hormuz following Israel's strikes on sites across Iran.
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"They Need Money": Trump Signals US May Ease Iran Oil Sanction
President Donald Trump said on Wednesday that the U.S. has not given up its maximum pressure on Iran - including restrictions on sales of Iranian oil - but signaled a potential easing in enforcement to help the country rebuild.
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US Urges China To Keep Iran From Shutting Strait Of Hormuz, A Key Trade Route
Analysts have said Iran may opt to retaliate to Washington's early Sunday attack by shutting the Strait, a waterway through which one-fifth of global oil output passes.
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After US Strikes, Iran Plans To Close Oil Corridor Strait Of Hormuz: Report
Iran is considering closing the key oil shipping route Strait of Hormuz after the US bombed three of its nuclear facilities, Iranian media reported today.
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Why We Needn't Worry About Oil Prices Amidst Israel-Iran Conflict (For Now)
The unexpected attack by Israel on Iran, a major oil-producing nation, may undermine anaemic global economic growth and hinder central banks ability to cope in an already uncertain market.
-
The Long Complicated History Of How Iran And US Became Enemies
Relations between the United States and Iran have been fraught for decades - at least since the US helped overthrow a democracy-minded prime minister, Mohammed Mossadegh, in August 1953. The US then supported the reign of Shah, a repressive ruler.
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How Gas Inferno At Iran Refinery Mirrors Operation Desert Storm Devastation
In the early hours of Saturday, a fireball lit up the Iranian skyline as an Israeli drone strike hit Phase 14 of the South Pars gas field, one of the world's most vital energy hubs.
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How Israel-Iran Conflict May Affect Oil Prices In India
Israel's surprise airstrikes on Iranian nuclear sites have rattled global energy markets, sending oil prices soaring amid concerns that supplies from the critical West Asia region would be disrupted.
-
Airspace, Oil Prices, All-Out War: 5 Major Impacts Of Iran-Israel Conflict
Major disruptions to commercial airlines costing millions of dollars, a spike in oil prices worldwide, and the risk of all-out war in the West Asia region, which could escalate into a global military conflict - these are the 5 impacts of Iran-Israel.
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Tehran Says No Objection To US Companies Operating In Iran
Araghchi said US firms could enter key sectors of Iran's economy, including its oil and gas industry, but emphasised that if an agreement is reached, the ball be in Washington's court to allow US firms to operate in Iran.
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Trump Threatens Countries Purchasing Iranian Oil With Sanctions
U.S. President Donald Trump on Thursday said all purchases of Iranian oil or petrochemicals products must stop and that any country or person buying any from the country would be immediately subject to secondary sanctions.
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US Sanctions China-Based Refinery That Purchased Oil From Houthi-Linked Ships
The United States on Thursday sanctioned a China-based oil refinery that purchased Iranian oil worth around $500 million from Huthi-linked ships, as the White House ramps up pressure on Iran.
-
US Sanctions Over 50 Firms, Including Indian Nationals, Over Iran Oil Trade
The US Department of the Treasury's Office of Foreign Assets Control (OFAC) on Thursday announced sanctions against more than 50 individuals, entities, and vessels for facilitating Iranian oil and LPG sales and shipments from Iran.
-
China Keeps Buying Oil From Russia And Iran Despite US Pressure
US and Chinese officials may be able to settle many of their differences to reach a trade deal and avert punishing tariffs, but they remain far apart on one issue: the US demand that China stop purchasing oil from Iran and Russia.
-
US Imposes New Sanctions Targeting Iran oil Trade, Hezbollah, Treasury Dept Says
The United States imposed sanctions against a business network that smuggles Iranian oil disguised as Iraqi oil, as well as sanctions targeting a Hezbollah-controlled financial institution, the Treasury Department said.
-
Iran Made Preparations To Mine Strait Of Hormuz: US sources
The Iranian military loaded naval mines onto vessels in the Persian Gulf last month, a move that intensified concerns in Washington that Tehran was gearing up to blockade the Strait of Hormuz following Israel's strikes on sites across Iran.
-
"They Need Money": Trump Signals US May Ease Iran Oil Sanction
President Donald Trump said on Wednesday that the U.S. has not given up its maximum pressure on Iran - including restrictions on sales of Iranian oil - but signaled a potential easing in enforcement to help the country rebuild.
-
US Urges China To Keep Iran From Shutting Strait Of Hormuz, A Key Trade Route
Analysts have said Iran may opt to retaliate to Washington's early Sunday attack by shutting the Strait, a waterway through which one-fifth of global oil output passes.
-
After US Strikes, Iran Plans To Close Oil Corridor Strait Of Hormuz: Report
Iran is considering closing the key oil shipping route Strait of Hormuz after the US bombed three of its nuclear facilities, Iranian media reported today.
-
Why We Needn't Worry About Oil Prices Amidst Israel-Iran Conflict (For Now)
The unexpected attack by Israel on Iran, a major oil-producing nation, may undermine anaemic global economic growth and hinder central banks ability to cope in an already uncertain market.
-
The Long Complicated History Of How Iran And US Became Enemies
Relations between the United States and Iran have been fraught for decades - at least since the US helped overthrow a democracy-minded prime minister, Mohammed Mossadegh, in August 1953. The US then supported the reign of Shah, a repressive ruler.
-
How Gas Inferno At Iran Refinery Mirrors Operation Desert Storm Devastation
In the early hours of Saturday, a fireball lit up the Iranian skyline as an Israeli drone strike hit Phase 14 of the South Pars gas field, one of the world's most vital energy hubs.
-
How Israel-Iran Conflict May Affect Oil Prices In India
Israel's surprise airstrikes on Iranian nuclear sites have rattled global energy markets, sending oil prices soaring amid concerns that supplies from the critical West Asia region would be disrupted.
-
Airspace, Oil Prices, All-Out War: 5 Major Impacts Of Iran-Israel Conflict
Major disruptions to commercial airlines costing millions of dollars, a spike in oil prices worldwide, and the risk of all-out war in the West Asia region, which could escalate into a global military conflict - these are the 5 impacts of Iran-Israel.
-
Tehran Says No Objection To US Companies Operating In Iran
Araghchi said US firms could enter key sectors of Iran's economy, including its oil and gas industry, but emphasised that if an agreement is reached, the ball be in Washington's court to allow US firms to operate in Iran.
-
Trump Threatens Countries Purchasing Iranian Oil With Sanctions
U.S. President Donald Trump on Thursday said all purchases of Iranian oil or petrochemicals products must stop and that any country or person buying any from the country would be immediately subject to secondary sanctions.
-
US Sanctions China-Based Refinery That Purchased Oil From Houthi-Linked Ships
The United States on Thursday sanctioned a China-based oil refinery that purchased Iranian oil worth around $500 million from Huthi-linked ships, as the White House ramps up pressure on Iran.
