Latest Sanctions and embargoes News

US sanctions financial network tied to Iranian oil sales

Nov. 29, 2023 11:53 AM EST

WASHINGTON (AP) — The U.S. on Wednesday said it imposed a new round of sanctions on a group of 20 people and firms allegedly involved in a financial facilitation network for the benefit of the Iranian military. The Treasury Department sanctions impact firms and people spanning Hong...

Today in History: November 22, John F. Kennedy is assassinated in Dallas

Nov. 22, 2023 00:09 AM EST

Today in History Today is Wednesday, Nov. 22, the 326th day of 2023. There are 39 days left in the year. Today’s Highlight in History: On Nov. 22, 1963, John F. Kennedy, the 35th President of the United States, was shot to death during a motorcade...

Niger’s junta asks West Africa's court to compel neighbors to lift coup sanctions, citing hardship

Nov. 21, 2023 12:24 PM EST

ABUJA, Nigeria (AP) — Niger’s junta on Tuesday asked West Africa’s regional court to order the lifting of sanctions imposed on the country by its neighbors following a July coup in which the democratically elected president was deposed. “There is no sector of the Nigerien...

Cyprus president has invited foreign experts to help with Russian sanction evasion investigations

Nov. 20, 2023 14:06 PM EST

NICOSIA, Cyprus (AP) — The president of Cyprus said Monday he personally asked an unnamed “third country” to send an experienced team of financial crime experts to help the east Mediterranean island nation with investigations into old and new allegations that Cypriot financial service...

American arrested in Venezuela just days after Biden administration eases oil sanctions

Nov. 18, 2023 14:15 PM EST

A California man’s family is pleading for his release after they say he was wrongfully arrested in Venezuela and held for tens of thousands of dollars in ransom just days after the Biden administration eased crippling oil sanctions on the socialist-run government. Savoi Wright’s...

Taiwan's participation at APEC forum offers a rare chance to break China's bonds

Nov. 15, 2023 13:35 PM EST

TAIPEI, Taiwan (AP) — Taiwan will take part in the Asia-Pacific Economic Cooperation forum in San Francisco this week, a rare opportunity for the self-governing island democracy of 23 million people and its high-tech economy to break the diplomatic embargo on it imposed by authoritarian China. ...

EU moves closer to imposing a new set of sanctions on Russia for its war on Ukraine

Nov. 15, 2023 11:06 AM EST

BRUSSELS (AP) — The European Union's executive said Wednesday it proposed to the member states a new package of sanctions targeting the Kremlin and its associates, seeking to tighten previous measures approved since the February 2022 invasion of Ukraine as well as adding dozens of economic...

A third round of US sanctions against Hamas focuses on money transfers from Iran to Gaza

Nov. 14, 2023 10:29 AM EST

WASHINGTON (AP) — The United States on Tuesday said it imposed a third round of sanctions on a group of Hamas officials, members of the Palestinian Islamic Jihad who work to transfer money from Iran to Gaza, and a Lebanese money exchange service that facilitates the transfers. The...

Florida Gov. Ron DeSantis signs legislation to sanction Iran, protect Jewish institutions

Nov. 13, 2023 20:37 PM EST

TALLAHASSEE, Fla. (AP) — Florida Gov. Ron DeSantis signed legislation Monday that puts sanctions on Iran and protects Jewish institutions. Lawmakers were in Tallahassee earlier this month for a special session, just two months before the Legislature's regular annual session is set...

Florida House passes measures to support Israel, condemn Hamas

Nov. 07, 2023 17:49 PM EST

TALLAHASSEE, Fla. (AP) — The Florida House passed measures during a special session Tuesday to help secure Jewish institutions and other places that could be targets of hate crimes, express support for Israel and further sanction companies that do business in Iran. Republican Gov....