Latest Sanctions and embargoes News
Iran's rial hits a record low, battered by regional tensions and an energy crisis
TEHRAN, Iran (AP) — The Iranian rial on Wednesday fell to its lowest level in history, losing more than 10% of value since Donald Trump won the U.S. presidential election in November and signaling new challenges for Tehran as it remains locked in the wars raging in the Middle East. ...
Canada imposes economic sanctions on 5 Venezuelan officials, including the high court president
CARACAS, Venezuela (AP) — Canada imposed economic sanctions on Tuesday on five Venezuelan officials, including the head of the country’s high court, accusing them of engaging in electoral fraud during the disputed July presidential election. Both Venezuela’s incumbent President...
EU slaps sanctions on dozens more Russian officials and targets its shadow oil and gas fleet
BRUSSELS (AP) — The European Union on Monday imposed fresh sanctions on dozens of officials linked to Russia’s war on Ukraine, including two top North Korean defense officials, a military unit blamed for an attack on a Kyiv children’s hospital and the heads of companies in the energy sector....
EU seeks assurances about a peaceful future from Syria's new leaders
BRUSSELS (AP) — European Union nations want guarantees from Syria’s new leaders that they are preparing for a peaceful political future involving all minority groups, and where extremism, Russia and Iran have no place, top diplomats said on Monday. Since Damascus fell on Dec. 8,...
Christians in Syria mark country's transformation with tears as UN envoy urges an end to sanctions
DAMASCUS, Syria (AP) — In churches across long-stifled Syria, Christians marked the first Sunday services since the collapse of Bashar Assad 's government in an air of transformation. Some were in tears. Others clasped their hands in prayer. “They are promising us that government...
Serbia's main gas supplier that is controlled by Russia faces US sanctions, president says
BELGRADE, Serbia (AP) — The United States plans to introduce sanctions against Serbia’s main gas supplier that is controlled by Russia, Serbia’s president said Saturday. President Aleksandar Vucic told state RTS broadcaster that Serbia has been officially informed that the...
EU targets Russia's ghost fleet shipping oil in a new round of sanctions
BRUSSELS (AP) — European Union envoys have agreed a new raft of sanctions against Russia over its war on Ukraine, targeting in particular a vast shadow fleet of ships that Moscow is exploiting to skirt restrictions on transporting oil and fuel, the EU’s Hungarian presidency said on Wednesday. ...
Britain will provide intel to Cyprus to help fight Russia's sanctions evasion
NICOSIA, Cyprus (AP) — Britain will provide intelligence to a newly formed unit in Cyprus tasked with preventing Russia evade international sanctions, according to an agreement Tuesday following talks between visiting British Prime Minister Keir Starmer and his Cypriot counterpart. ...
China's ban on key high-tech materials could have broad impact on industries, economy
BANGKOK (AP) — China has banned exports of key materials used to make a wide range of products, including smartphones, electric vehicles, radar systems and CT scanners, swiping back at Washington after it expanded export controls to include dozens of Chinese companies that make equipment used to...
China bans exports to US of gallium, germanium, antimony in response to chip sanctions
BANGKOK (AP) — China announced Tuesday it is banning exports to the United States of gallium, germanium, antimony and other key high-tech materials with potential military applications, as a general principle, lashing back at U.S. limits on semiconductor-related exports. The...
