Mar 23, 2021 08:20 AM IST
Beijing hit back immediately with punitive measures against the EU that appeared to be broader, including European lawmakers, diplomats, institutes and families, and banning their businesses from trading with China.
- Apr 01, 2020 12:55 PM IST
"It was a great opportunity for Americans to apologise ... and to lift the unjust and unfair sanctions on Iran," Hassan Rouhani said in a televised cabinet meeting.
- Feb 20, 2020 09:50 AM IST
The United States on Tuesday redoubled efforts to oust Venezuelan President Nicolas Maduro by barring U.S. dealings with Rosneft Trading S.A., a subsidiary of Russia's state oil major Rosneft , which Washington said provides him a financial lifeline. Russia has called the sanctions illegal and said it plans to consider options in reaction.
- Jan 31, 2020 11:00 AM IST
A source with a major Chinese oil company said they had received indications that COSCO had been taken off the U.S. sanctions list. The Chinese energy industry was waiting for official communications from Washington, the source said.
- Jan 24, 2020 08:04 AM IST
The U.S. Treasury Department said it imposed sanctions on the Hong Kong-based Triliance Petrochemical Co. Ltd and Sage Energy HK Limited, China-based Peakview Industry Co Ltd and United Arab Emirates-based Beneathco DMCC.
- Dec 04, 2019 02:42 PM IST
"If they are prepared to put aside the sanctions, we are ready to talk and negotiate, even at the level of heads of the 5+1 countries," Rouhani said in remarks aired live on state television.
- Nov 01, 2019 08:20 AM IST
The decisions announced by the U.S. State Department reflect an effort to increase pressure on Iran by putting wider swaths of its economy under sanctions, while leaving a door open to diplomacy by allowing work to proceed at Iranian nuclear facilities that makes it harder for Iran to develop a nuclear bomb.
- Oct 18, 2019 10:52 AM IST
As per the deal announced by Vice President Mike Pence in Ankara on Thursday, Turkey will suspend its operations for 120 hours to allow Kurdish fighters to withdraw from a designated safe zone along the Turkish and Syrian border.
- Oct 15, 2019 09:25 AM IST
The treasury department has already placed Turkish Defence Minister Hulusi Akar, Interior Minister Suleyman Soylu and Energy Minister Fatih Donmez on its sanctions list, while Trump in a letter to Speaker Nancy Pelosi of the US House of Representatives has declared the Turkey issue a national emergency.
- May 21, 2019 10:44 AM IST
Oil analysts indicate the possibility of supply disruptions on top of an already tight crude market sending oil prices ‘violently upward’. Some are even predicting another oil shock.
- Nov 10, 2018 05:52 PM IST
"It has now become clear that America cannot cut Iran's oil exports to zero," Rouhani said.
- Oct 10, 2018 01:19 PM IST
During a parliamentary audit of her ministry, Kang Kyung-wha said the government is reviewing whether to lift sanctions South Korea imposed on the North in 2010 following a deadly attack on a warship that killed 45 South Korean sailors.
- Sep 06, 2018 03:57 PM IST
A plethora of factors like trade wars, weather anomalies in the US, inability of nations to boost production have inundated a negative sentiment, leading to the firing up of oil prices
- Jul 21, 2018 06:10 PM IST
Germany's foreign ministry also removed a warning on its website about its nationals facing a high risk of arrest when visiting Turkey.
- Jun 28, 2018 06:20 PM IST
With India importing nearly 15 percent of its crude imports from Iran, the future course of diplomatic policy and trade alterations would be worth watching out.
- Jun 27, 2018 06:46 PM IST
Senior US State Department official says that unlike on previous occasions, there will be no concession for allies who engage in trade with Iran.
- Jul 20, 2016 06:24 PM IST
Loan book outstanding grew 18.32 percent to Rs 63,646.6 crore during the quarter as against Rs 53,795.7 crore in the corresponding quarter a year ago.
- Dec 31, 2015 06:29 PM IST
Iranian officials have said the supreme leader would view such penalties as violating the nuclear accord.
- Sep 30, 2015 07:06 PM IST
"The Iran-Pakistan-India pipeline can also be revived since Iran has already built section of the pipeline in its territory. Such energy projects could also prove to be game changers for geo-strategic stability," President Pranab Mukherjee said.
- Jul 14, 2015 03:53 PM IST
According to Main, it will take six months for sanctions on Iran to be lifted so the excess crude will come to the market with a lag.
- Jul 14, 2015 12:25 PM IST
Amrita Sen of Energy Aspects says the sanctions put on Iran will not be lifted until 2016 and the deal brings in plenty of headwinds alongwith it.
- May 11, 2015 01:30 PM IST
The company is targeting FY16 sanctions at around 25 percent and disbursement at 40 percent, said SK Sangar, MD, Tourism Finance Corporation.
- Sep 13, 2014 01:34 PM IST
New sanctions from the European Union would limit access by Russian oil companies to funds. Sanctions from the United States hit Russia's biggest bank and an arms maker, and bar US firms from helping five big Russian oil companies explore hard to reach deposits.
- Mar 04, 2014 08:01 AM IST
Wall Street ended Monday sharply lower as political tensions between Russia and Ukraine escalate. US president has warned that US will mull economic & diplomatic sanctions that will isolate Russia if it doesn‘t stop its military threat to Crimea.
- Nov 25, 2013 08:50 PM IST
HPCL stopped buying Iranian crude in April due to insurance problems triggered by EU sanctions. But a landmark deal to curb Tehran's nuclear programme struck on Sunday includes easing of some restrictions that should end these insurance problems.