According to the Office of Foreign Assets Control (OFAC) of the US Department of Treasury, the Indian company Tibalji Petrochem Pvt Ltd has been sanctioned for an oil deal with Iran.
The US is losing its grip on the Middle East as Iran and Saudi Arabia expand their relations with China, all thanks to sanctions.
On Friday, members of the Arab League welcomed the Syrian...
The recent sanctions placed on Russia have proven that the role it plays in the global economic order is much greater than is commonly thought.
According to a Bloomberg report, the seized super yacht of Russian businessman Dmitry Pumpyansky will be auctioned with the proceeds going to J.P. Morgan after he secured a court order in Gibraltar last month allowing the sale of the yacht.
It is important to keep in mind that Pakistan is a nuclear-armed ally of the US, but that relationship has long caused US officials to feel extremely uneasy. The US is now targeting Pakistan's nukes related to Russia sanctions.
The Coordinator of Strategic Communications for Washington’s National Security Council, John Kirby, said on 28 October that the US has no plans to either ease the Caesar Act sanctions against Syria or to withdraw its illegally occupying forces from the country.
According to a report by Sputnik Globe-News, the US has defied its sanctions and imported Russian crude worth nearly $3.5 million in October and November.
Despite imposing sanctions on...
The office of Prime Minister Rishi Sunak outlined the measures in a statement that Britain is banning Russian diamonds.
The United Kingdom has announced a ban on importing of Russian diamonds and several types...
Treasury Secretary Janet Yellen warned in a quote to CNN that the US dollar may lose its dominance if nations are sanctioned.
New Delhi has increased its energy purchases from Russia over the past three months, delivering substantial quantities of a variety of items in exchange. This is how the Western sanctions have brought Russia and India closer.
