Latest Sanctions and embargoes News

Putin: NKorea's Kim ready to denuclearize _ with conditions

Apr. 25, 2019 11:35 AM EDT

VLADIVOSTOK, Russia (AP) — Russian President Vladimir Putin said North Korean leader Kim Jong Un confirmed during their first summit Thursday that he is willing to give up his nuclear weapons — but only if he gets an ironclad security guarantee first. The Russian president stressed that Moscow and...

Russian-North Korean relations since the Korean War

Apr. 24, 2019 11:05 PM EDT

SEOUL, South Korea (AP) — North Korean leader Kim Jong Un's meeting with Russian President Vladimir Putin gives an intriguing twist to the global diplomatic push to resolve the nuclear standoff with North Korea, which appeared to hit a wall after a summit between Kim and President Donald Trump collapsed in...

US eases effects of sanctions on Iran's elite guard force

Apr. 24, 2019 2:52 PM EDT

WASHINGTON (AP) — The Trump administration on Wednesday granted important exemptions to new sanctions on Iran's Revolutionary Guard, watering down the effects of the measures while also eliminating an aspect that would have complicated U.S. foreign policy efforts. Foreign governments and businesses that...

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...