Latest Sanctions and embargoes News
New audio shows UK could not prevent Iran takeover of tanker
LONDON (AP) — The release Sunday of an audio recording has shed new light on the seizure of a British-flagged tanker at the hands of Iran's Revolutionary Guard as tensions flare in the strategic Strait of Hormuz. The audio released by maritime security risk firm Dryad Global shows that a British frigate...
Iran says its seizure of British ship a 'reciprocal' move
TEHRAN, Iran (AP) — Iran's seizure of a British oil tanker was a response to Britain's role in impounding an Iranian supertanker first, senior officials said Saturday, as newly released video of the incident showed Iranian commandos in black ski masks and fatigues rappelling from a helicopter onto the...
Gulf tanker incidents may raise shippers' costs, cut traffic
Seizures of oil tankers and other hostile Iranian measures in the Strait of Hormuz are already raising insurance rates for shipping companies and could eventually reduce tanker traffic in the vital waterway, with a spike in global oil prices a serious risk even without war, energy and maritime experts say. On...
Iran tanker seizure linked to earlier act by UK marines
LONDON (AP) — Taken on its own, Iran's seizure of a British-flagged oil tanker in the Strait of Hormuz may seem like a brazen act of aggression, a provocative poke in the nose to both Britain and its ally, the United States. But Iran seems to view the armed takeover of the Stena Impero as a carefully...
Iran's seizure of UK tanker in Gulf seen as escalation
LONDON (AP) — Iran seized a British-flagged oil tanker Friday and briefly detained a second vessel in the Strait of Hormuz, intensifying tensions in the strategic waterway that has become a flashpoint between Tehran and the West. The seizing of the British tanker marked perhaps the most significant...
The Latest: Central Command says US intensifying air patrols
TEHRAN, Iran (AP) — The Latest on developments related to tensions between the U.S and Iran (all times local): 2:10 a.m. U.S. Central Command says the U.S. has intensified air patrols over the Strait of Hormuz in response to the Iranian seizure of a British tanker. A Central Command spokesman, Lt. Col....
China calls on US to 'correct' Iran sanctions
BEIJING (AP) — China urged Washington on Friday to "correct" sanctions imposed on Chinese companies accused of helping Iran acquire materials for its nuclear program. U.S. pressure on Iran and its "long-arm jurisdiction" against companies in third countries is the "root cause" of tension with Tehran, a...
American warship destroys Iranian drone in Strait of Hormuz
WASHINGTON (AP) — A U.S. warship on Thursday destroyed an Iranian drone in the Strait of Hormuz after it threatened the ship, President Donald Trump said. The incident marked a new escalation of tensions between the countries less than one month after Iran downed an American drone in the same waterway and...
Bitcoin craze hits Iran as US sanctions squeeze weak economy
TEHRAN, Iran (AP) — Iranians feeling the squeeze from U.S. sanctions targeting the Islamic Republic's ailing economy are increasingly turning to such digital currencies as Bitcoin to make money, prompting alarm in and out of the country. In Iran, some government officials worry that the energy-hungry...
UN envoy says US sanctions on Myanmar generals inadequate
KUALA LUMPUR, Malaysia (AP) — The U.N. special rapporteur for Myanmar said Thursday the U.S. didn't "go far enough" in sanctions against four top Myanmar generals over the mass killings of minority Rohingya Muslims. Myanmar's commander in chief and his deputy, two other generals, and their immediate...
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