Latest Sanctions and embargoes News

The Latest: Israeli PM: EU-Iran deal same as bowing to Nazis

Jul. 15, 2019 2:18 PM EDT

BRUSSELS (AP) — The Latest on tensions in the Persian Gulf amid a crisis between the United States and Iran (all times local): 8:10 p.m. Israel's prime minister has responded to the European Union's efforts to salvage the Iran nuclear deal by comparing it to "European appeasement in the 1930s" of Nazi...

EU works to save unraveling nuclear agreement with Iran

Jul. 15, 2019 1:04 PM EDT

BRUSSELS (AP) — European Union nations threw their diplomatic weight behind the unraveling Iran nuclear deal on Monday, trying to rescue the pact from collapsing under U.S. pressure. The 28 EU foreign ministers insisted that recent Iranian actions surpassing uranium enrichment thresholds set by the 2015...

Iran says ready to negotiate if US lifts sanctions

Jul. 14, 2019 3:48 PM EDT

TEHRAN, Iran (AP) — Iran's president says his country is ready to negotiate with the United States if Washington lifts its economic sanctions. Hassan Rouhani's official website on Sunday quoted him as saying, "The moment you stop sanctions and bullying, we are ready to negotiate." Regional tensions have...

UK says seized Iranian oil tanker could be released

Jul. 14, 2019 2:22 PM EDT

DUBAI, United Arab Emirates (AP) — Britain will facilitate the release of a seized Iranian tanker if Iran can provide guarantees the vessel would not breach European sanctions on oil shipments to Syria, Britain's top diplomat said, as European nations called for new talks to ease tensions in the Persian...

S. Korea, Japan fail to resolve growing trade dispute

Jul. 12, 2019 9:09 PM EDT

SEOUL, South Korea (AP) — South Korea and Japan on Friday failed to immediately resolve their dispute over Japanese export restrictions that could hurt South Korean technology companies, as Seoul called for an investigation by the United Nations or another international body. Tokyo last week tightened the...

US deciding how to punish ally Turkey over Russian arms deal

Jul. 12, 2019 5:18 PM EDT

WASHINGTON (AP) — The U.S. edged closer to crisis Friday with NATO ally Turkey, which began receiving components of a Russian-made air defense system in defiance of Trump administration warnings that the deal would mean economic sanctions and no access to America's most advanced fighter jet. Despite the...

Business Highlights

Jul. 12, 2019 5:01 PM EDT

___ Report: FTC approves roughly $5B fine for Facebook SAN FRANCISCO (AP) — A Wall Street Journal report says that the FTC has voted this week to approve a fine of about $5 billion for Facebook over privacy violations. The report Friday cites an unnamed person familiar with the matter. Facebook and the FTC...

Britain sending destroyer to Gulf amid Iranian threats

Jul. 12, 2019 10:08 AM EDT

TEHRAN, Iran (AP) — Iran on Friday demanded the British navy release an Iranian oil tanker seized last week off Gibraltar, accusing London of playing a "dangerous game" and threatening retribution, while London announced it was sending a destroyer to the Persian Gulf. The comments from Iran's Foreign...

South Korea proposes UN investigation over Japanese claims that Seoul violated sanctions against North Korea

Jul. 12, 2019 1:19 AM EDT
SEOUL, South Korea (AP) — South Korea proposes UN investigation over Japanese claims that Seoul violated sanctions against North Korea .

Officials: Progress made in talks on ending Venezuela crisis

Jul. 11, 2019 5:42 PM EDT

CARACAS, Venezuela (AP) — Officials in both Venezuela's government and opposition reported Thursday that advances have been made in negotiations on breaking the country's political standoff and said further talks will be held next week. The upbeat assessment came after a third round of talks between the...