US Sanctions | The Asian Age

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Iran will respond with equal countermeasures if the United States tries to block its oil exports, the foreign ministry in Tehran said on Tuesday. (Photo: AFP)

Will respond in kind if US tries to block oil exports, says Iran

US officials are stepping up diplomatic efforts to pressure countries to stop importing Iranian oil.

24 Jul 2018 5:03 PM

India's dependence on Russia for its military hardware has experienced sustained reduction over the last one decade. At the same time, India's defence trade with the US has increased. (Photo: PTI | Representational)

US proposes waivers for countries like India from Russia sanctions

CAATSA waiver is intended at preventing US sanctions on India, which is planning to buy five S-400 Triumf air defence systems from Russia.

24 Jul 2018 12:29 PM

Iran has lodged a complaint with the International Court of Justice against the United States' reimposition of sanctions, the foreign ministry said on Tuesday. (Photo: AFP)

Iran lodges complaint against US over renewed sanctions

Iran is committed to the rule of law in the face of US contempt for diplomacy and legal obligations.

17 Jul 2018 3:33 PM

The US has told India and other countries to cut oil imports from the Gulf nation to 'zero' by November 4 or face sanctions. (Representational Image)

India, Iran discuss possible impact on bilateral oil trade amid US sanctions

Issue figured during 15th round of Foreign Office Consultations between 2 nations; implementation of Chabahar port project also figured.

16 Jul 2018 9:07 PM

India wants to procure the long-range missile systems to tighten its air defence mechanism, particularly along the nearly 4,000-km-long Sino-India border. (Photo: File/AFP)

India to go ahead with S-400 missile deal with Russia despite US sanctions

Our defence ties with Russia has endured several decades, we've conveyed about it to US Congressional delegation, says Sitharaman.

13 Jul 2018 8:12 PM

Thyssenkrupp’s supervisory board on Friday gave the green light for a steel joint venture with Tata Steel, paving the way for the European steel sector’s biggest shake-up in more than a decade.

Thyssenkrupp seals landmark steel venture with Tata Steel

It is the largest deal in Europe’s steel industry since the takeover of Arcelor by Mittal in 2006.

30 Jun 2018 11:15 AM

India’s oil ministry has asked refiners to prepare for a ‘drastic reduction or zero’ imports of Iranian oil from November.

India preparing for cut in oil imports from Iran

Dharmendra Pradhan told reporters in Mumbai that the country would attend to its interests while deciding on oil imports.

29 Jun 2018 11:31 AM

The US has told all countries, including India and China, to stop their oil imports from Iran by November 4 or face sanctions for carrying out any transaction with Tehran as there would be "zero" waivers to any country.

US says no exemption to India on oil imports from Iran

In January 2012, Iran agreed to accept India's local currency, the rupee, to settle nearly half of its sales to India.

27 Jun 2018 2:39 PM

India looks to revive rupee payment system for Iran oil imports: sources

India is looking to revive a rupee trade mechanism to settle part of its oil payments to Iran.

23 Jun 2018 11:43 AM

India is trying to make Chabahar Port in Iran operational by 2019, the government said in a statement on Friday, despite a threat of renewed US sanctions against Tehran. (Photo: AIndia is trying to make Chabahar Port in Iran operational by 2019, the government said in a statement on Friday, despite a threat of renewed US sanctions against Tehran. (Photo:AP)

India hopes to open Iran's Chabahar port by 2019 amid US sanctions

The port would offer easy accessibility to CIS countries, Transport and Shipping Minister Nitin Gadkari said in the statement.

22 Jun 2018 2:42 PM

India will from November not be able to use European banks for making payments for crude oil it buys from Iran as US sanctions against the Persian Gulf nation take effect, senior officials said on Friday.

Iran oil payment route to be blocked from November 3

SBI, the country's largest lender, has communicated to oil refiners that the euro payment route will be not available after November 3.

15 Jun 2018 3:18 PM

Banks ask exporters to close Iran deals due to US sanctions

Two Indian banks have asked exporters to complete their financial transactions with Iran by August.

30 May 2018 12:44 PM

Trump's announcement that a decision was imminent cut short a last-ditch European diplomatic drive to save the accord ahead of what had been a May 12 deadline. (Photo: File)

Donald Trump set to announce Iran sanctions move that may kill nuclear deal

'I will be announcing my decision on the Iran Deal tomorrow from the White House at 2:00 pm (1800 GMT),' the president said in a tweet.

08 May 2018 8:35 AM

The inclusion of Myanmar's Maung Maung Soe on the list was perhaps the most dramatic move in terms of US foreign policy. (Photo: File/Representational)

US sanctions top Myanmar general for atrocities against Rohingyas

The Trump administration announced penalties against 13 people worldwide in all.

22 Dec 2017 1:15 PM

The bill calls for the Defence Ministry and the Guard to increase spending, without elaborating. (Photo: AP)

Iran increases spending on missile program, Revolutionary Guard to defy US

In a session on Sunday, 240 lawmakers voted for the bill, with only one abstention.

14 Aug 2017 7:38 PM

The package of stiff financial sanctions against Russia passed Congress with overwhelming support. (Photo: AP)

Donald Trump signs bill to impose sanctions on Russia: White House officials

The officials spoke on the condition of anonymity because they were not authorised to speak publicly before an official statement.

02 Aug 2017 8:44 PM

US President Donald Trump has not yet signed a sanctions bill that landed on his desk last week. (Photo: File)

Trump yet to sign Russia sanctions bill, says White House

Moscow responded to the White House statement last weekend by ordering a reduction in the number of US diplomats in Russia.

02 Aug 2017 11:32 AM

President Nicolas Maduro made clear in a televised address Saturday that he intends to use the assembly not just to rewrite the country's charter but to govern as 'a power that's above and beyond every other'. (Photo: Representational/AFP)

What's next? New Venezuela assembly has vast powers

Many speculate they will choose Diosdado Cabello, the hard-line leader of the ruling socialist party, as their chairman.

01 Aug 2017 10:17 AM

The country is turning on itself more than 100 have died already and democracy and basic rights are in jeopardy, Johnson said. (Photo: AP)

Day after voting for assembly, UK says Venezuela 'stands on brink of disaster'

The move hands almost total power to Maduro's Socialist party and was described as

01 Aug 2017 8:24 AM

Estonia, where Pence had on Sunday raised the possibility of deploying the Patriot anti-missile defence system, is the first stop of his European tour which will also take him to Georgia and Montenegro. (Photo: AP)

We’re with you: US assures America's allies worried by Russian expansionism

US Vice President Mike Pence made the comment in Estonia after meeting with the leaders of the 3 Baltic states.

31 Jul 2017 4:39 PM

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Dilip Cherian