Latest Sanctions and embargoes News

The Latest: US unveils seizure warrant for Iranian tanker

Aug. 16, 2019 6:40 PM EDT

MADRID (AP) — The latest on Iranian supertanker at center of Persian Gulf tensions (all times local): 12:35 a.m. The U.S. government says it has a warrant to seize an oil tanker at the center of a diplomatic standoff because of violations of U.S. sanctions, money laundering and terrorism statutes. The U.S....

UN probing 35 North Korean cyberattacks in 17 countries

Aug. 12, 2019 8:53 PM EDT

UNITED NATIONS (AP) — U.N. experts say they are investigating at least 35 instances in 17 countries of North Koreans using cyberattacks to illegally raise money for weapons of mass destruction programs — and they are calling for sanctions against ships providing gasoline and diesel to the country....

Venezuela's moribund economy shows a pulse amid US sanctions

Aug. 12, 2019 12:53 AM EDT

CARACAS, Venezuela (AP) — Errol Irausquin is carving out a profitable niche with his burgeoning Fat Panda restaurant business in Venezuela's capital, despite an economic collapse that has driven millions from their crumbling homeland. Capitalizing on his success selling from a food truck, Irausquin brought...

Turkey criticizes US freeze on Venezuela assets

Aug. 9, 2019 4:09 PM EDT

ANKARA, Turkey (AP) — Turkey has voiced its disapproval of U.S. sanctions on Venezuela, saying the move will make matters worse for ordinary Venezuelans who have suffered years of economic hardship. The United States this week froze all Venezuelan government assets in the U.S., putting the country on a...

AP Explains: The wide reach of Trump's Venezuela sanctions

Aug. 7, 2019 8:07 AM EDT

BOGOTA, Colombia (AP) — Wide-reaching U.S. sanctions aimed at toppling Venezuelan President Nicolas Maduro's government could inflict further damage on an economy already reeling from six-digit inflation by scaring off remaining investors. The new measures don't include Venezuela's private sector, but the...

Iran president: If US wants talks, it must lift sanctions

Aug. 6, 2019 6:34 PM EDT

TEHRAN, Iran (AP) — Iran's president reiterated Tuesday that if Washington wants to open negotiations with Tehran, it must lift all sanctions against his country "before everything else." Iranian state TV said President Hassan Rouhani made the comments during a meeting with Foreign Minister Mohammad Javad...

The Latest: Venezuela ambassador accuses US of wanting war

Aug. 6, 2019 4:49 PM EDT

WASHINGTON (AP) — The latest on relations between the United States and Venezuela (all times local): 4:45 p.m. Venezuela's U.N. ambassador is accusing the Trump administration of "sabotaging" talks between President Nicolas Maduro's government and opposition, saying Washington is trying to start a war....

North Korea fires more weapons, denounces US military drills

Aug. 6, 2019 2:15 AM EDT

SEOUL, South Korea (AP) — North Korea continued to ramp up its weapons demonstrations by firing two presumed short-range ballistic missiles into the sea Tuesday while lashing out at the United States and South Korea for continuing military exercises that the North says could derail fragile nuclear...

UN report: North Korea cyber experts raised up to $2 billion

Aug. 5, 2019 9:37 PM EDT

UNITED NATIONS (AP) — A panel monitoring U.N. sanctions says North Korean cyber experts have illegally raised money for the country's weapons of mass destruction programs "with total proceeds to date estimated at up to $2 billion." The experts said in a new report to the Security Council that North Korea...

UK joins US Strait of Hormuz mission; Iran slams sanctions

Aug. 5, 2019 1:11 PM EDT

TEHRAN, Iran (AP) — Britain said Monday that it would join a U.S.-led naval security mission in the Strait of Hormuz, where Iran's seizure of merchant vessels has raised tensions with the West. Earlier, Iran's foreign minister lambasted recent U.S. financial sanctions against him, calling the move a...