Latest Sanctions and embargoes News

A view of the vessel the Clavel, right, sailing on international waters crossing the Gibraltar stretch on Wednesday, May 20, 2020. Five Iranian tankers likely carrying at least $45.5 million worth of gasoline and similar products are now sailing to Venezuela, part of a wider deal between the two U.S.-sanctioned nations amid heightened tensions between Tehran and Washington. (AP Photo/Marcos Moreno)

Venezuela to escort Iranian tankers bringing needed fuel

May. 20, 2020 7:24 PM EDT

CARACAS, Venezuela (AP) — Venezuela’s defense minister said Wednesday that planes and ships from the nation's armed forces will escort Iranian tankers arriving with fuel to the gasoline-starved country in case of any U.S. aggression. Defense Minister Vladimir Padrino López said Venezuela's...

Sparse traffic due to coronavirus, moves past the United Nations headquarters Friday, May 15, 2020, New York. (AP Photo/Frank Franklin II)

UN official warns of escalating Libyan war citing foreigners

May. 19, 2020 9:03 PM EDT

UNITED NATIONS (AP) — The top U.N. official in Libya warned Tuesday that the war in the North African country will “intensify, broaden and deepen” because of increasing foreign intervention and the influx of weapons, military equipment and mercenaries to both sides. Acting U.N. special envoy...

In this Sunday, May 10, 2020 photo, stockbrokers work at the Tehran Stock Exchange in Iran. The exchange has seen gains of 225% in the last year, with sharp increases even as the country struggled with one of the first serious coronavirus outbreaks outside of China. Encouraged by a government eager to privatize state-owned firms, average people now have access to the market and can trade shares. (AP Photo/Vahid Salemi)

Iran stock market booms, but analysts fear a growing bubble

May. 17, 2020 3:36 AM EDT

TEHRAN, Iran (AP) — Even as U.S. sanctions, unemployment, inflation and low oil prices batter the Iranian economy, there seems to be at least one refuge for investors. The Tehran Stock Exchange has seen gains of 225% in the last year, with sharp increases even as the country struggled with one of the...

US accuses Iran of defying UN resolution endorsing nuke deal

May. 13, 2020 10:49 PM EDT

UNITED NATIONS (AP) — The United States accused Tehran on Wednesday of defying the U.N. resolution endorsing the 2015 Iran nuclear deal with a satellite launch last month and also argued it is continuing to violate a U.N. arms embargo. The U.S. Mission to the United Nations made the allegations at an...

Russia opposes any new US attempts at UN to punish Iran

May. 12, 2020 7:13 PM EDT

UNITED NATIONS (AP) — Russia’s U.N. ambassador said Tuesday that Moscow will oppose any attempts by the United States to extend the arms embargo on Iran and reimpose U.N. sanctions against the Islamic Republic. Vassily Nebenzia’s comments at a video news conference made clear that the Trump...

In this satellite photo provided by Maxar Technologies, the Iranian naval support vessel Konarak, center, is tied up at the port in Konarak, Iran, on Monday, May 11, 2020. A missile fired during an Iranian military training exercise mistakenly struck the naval vessel instead of its intended target in waters near the strategic Strait of Hormuz, killing and wounding a number of sailors, Iranian authorities said Monday. (Maxar Technologies via AP)

Iran says missile kills 19 sailors in training accident

May. 11, 2020 3:03 PM EDT

TEHRAN, Iran (AP) — A missile fired during an Iranian military training exercise mistakenly struck a naval vessel instead of its intended target in waters near the strategic Strait of Hormuz, killing 19 sailors and wounding 15 others, Iranian authorities said Monday. The bungled training exercises took...

ADDS CITY AND ID OF WOMAN - In this Friday, May 1, 2020, photo provided by the North Korean government, North Korean leader Kim Jong Un, center, cuts a tape, watched by his sister Kim Yo Jong, during his visit to a fertilizer factory in Sunchon, South Pyongan province, near Pyongyang, North Korea. Kim made his first public appearance in 20 days as he celebrated the completion of the fertilizer factory, state media said Saturday, May 2, 2020, ending an absence that had triggered global rumors that he may be seriously ill.  Independent journalists were not given access to cover the event depicted in this image distributed by the North Korean government. The content of this image is as provided and cannot be independently verified. Korean language watermark on image as provided by source reads:

Kim reappears in public, ending absence amid health rumors

May. 2, 2020 7:03 PM EDT

SEOUL, South Korea (AP) — North Korean leader Kim Jong Un made his first public appearance in 20 days as he celebrated the completion of a fertilizer factory near Pyongyang, state media said Saturday, ending an absence that had triggered global rumors that he may be seriously ill. The North’s...

The empty chair of Iran's Ambassador to the International Atomic Energy Agency, IAEA, is pictured prior to the start of the IAEA board of governors meeting at the International Center in Vienna, Austria, Monday, March 9, 2020. (AP Photo/Ronald Zak)

Officials: US seeks indefinite UN arms embargo on Iran

Apr. 28, 2020 3:51 PM EDT

UNITED NATIONS (AP) — The United States has circulated a draft U.N. resolution that would indefinitely extend a U.N. arms embargo on Iran set to expire in October, a move almost certain to spark opposition from Russia, which has made no secret of its desire to resume conventional weapons sales to Tehran,...

In this Tuesday, April 21, 2020 photo, grocery delivery man Saeed Vatanparast, wearing a protective face mask to help prevent the spread of the coronavirus, leaves on his motorcycle for a delivery, in Tehran, Iran. For some $15 a day, deliverymen don masks and gloves in Iran's capital to zip across its pandemic-subdued streets to drop off groceries and food for those sheltering at home from the virus. (AP Photo/Vahid Salemi)

Iran, like wider Mideast, relies on deliveries amid pandemic

Apr. 23, 2020 4:43 PM EDT

TEHRAN, Iran (AP) — For some $15 a day, deliverymen don masks and gloves in Iran's capital to zip across its pandemic-subdued streets to drop off groceries and food for those sheltering at home from the virus. Like the wider Mideast, from skyscraper-studded Dubai to the narrow alleyways of Cairo, Iranians...

Women wearing protective face masks and gloves to help prevent the spread of the coronavirus shop at the Kourosh Shopping Center in Tehran, Iran, Monday, April 20, 2020. Iran on Monday began opening intercity highways and major shopping centers to stimulate its sanctions-choked economy, gambling that it has brought under control its coronavirus outbreak — one of the worst in the world — even as some fear it could lead to a second wave of infections. (AP Photo/Vahid Salemi)

Iran opens up as economic woes trump virus infection fears

Apr. 20, 2020 1:59 PM EDT

TEHRAN, Iran (AP) — Iran on Monday began opening intercity highways and major shopping centers to stimulate its sanctions-choked economy, gambling that it has brought under control its coronavirus outbreak — one of the worst in the world — even as some fear it could lead to a second wave of...