Latest Sanctions and embargoes News

Key moments in Kim Jong Un's diplomatic charm offensive

Apr. 24, 2019 2:04 AM EDT

SEOUL, South Korea (AP) — North Korean leader Kim Jong Un's summit with Russian President Vladimir Putin this week expands a diplomatic charm offensive that has included meetings with leaders from China, South Korea and the United States. Some key moments: Jan. 1, 2018: In his New Year's address, Kim calls...

Kim looks to Russia as sanctions bite North Korea's economy

Apr. 23, 2019 10:43 PM EDT

SEOUL, South Korea (AP) — Two months after he failed to win a badly needed easing of sanctions from President Donald Trump, North Korean leader Kim Jong Un is traveling to Russia in a possible attempt to win its help as the U.S.-led trade sanctions hurt his country's already-struggling economy. There are...

North Korea's Kim on way to Russia to meet Putin on Thursday

Apr. 23, 2019 7:31 PM EDT

MOSCOW (AP) — Russian President Vladimir Putin will meet with North Korean leader Kim Jong Un for a much-anticipated summit Thursday, the Kremlin said, ending weeks of speculation about the meeting's timing and venue. Preparations for the meeting in Vladivostok, a Russia city on the Pacific, were held in...

The Latest: Analysts: Iran sanctions bullish for oil prices

Apr. 23, 2019 10:11 AM EDT

FRANKFURT, Germany (AP) — The Latest on the U.S. move to end Iran sanction exemptions (all times local): 4 p.m. Energy analysts at Raymond James & Associates are warning that U.S. imposition of tougher Iranian oil sanctions is "unambiguously bullish" for the price of oil. The analysts say in a report...

Iranian parliament labels entire US military as terrorist

Apr. 23, 2019 6:26 AM EDT

TEHRAN, Iran (AP) — Iranian lawmakers on Tuesday overwhelmingly approved a bill that labels all U.S. military forces as terrorist, state TV reported, a day after Washington ratcheted up pressure on Tehran by announcing that no country would any longer be exempt from U.S. sanctions if it continues to buy...

The Latest: Iran brushes off US decision on sanction waivers

Apr. 22, 2019 12:09 PM EDT

WASHINGTON (AP) — The Latest on U.S. sanctions on countries importing Iranian oil (all times local): 12:05 p.m. Iran has brushed off the Trump administration's decision to stop exempting countries from U.S. sanctions on its oil exports. In a statement carried by the official IRNA news agency on Monday, the...

US won't renew sanctions waivers for importing Iranian oil

Apr. 22, 2019 9:20 AM EDT

WASHINGTON (AP) — The Trump administration on Monday told five nations — Japan, South Korea, Turkey, China and India — that they will no longer be exempt from U.S. sanctions if they continue to import oil from Iran. President Donald Trump has decided not to reissue the waivers when they...

White House: US ending sanction waivers for countries importing Iran oil, increasing economic pressure on Iran

Apr. 22, 2019 8:27 AM EDT
WASHINGTON (AP) — White House: US ending sanction waivers for countries importing Iran oil, increasing economic pressure on Iran.

AP sources: US to sanction nations for importing Iranian oil

Apr. 21, 2019 8:33 PM EDT

WASHINGTON (AP) — The Trump administration is poised to tell five nations, including allies Japan, South Korea and Turkey, that they will no longer be exempt from U.S. sanctions if they continue to import oil from Iran, officials said Sunday. Secretary of State Mike Pompeo plans to announce on Monday that...

Cuba tells officials to reduce electricity consumption

Apr. 21, 2019 2:47 PM EDT

HAVANA (AP) — An official newspaper in Cuba reports that officials are restricting electricity use at a time the economy is being squeezed by a series of setbacks, including reduced fuel shipments from Venezuela and tighter U.S. sanctions. The local Communist Party newspaper Invasor in Ciego de Avila...