Latest Sanctions and embargoes News
UK hits Iran with new sanctions for supplying missiles to Russia
LONDON (AP) — The U.K. government hit Iran with new sanctions Monday for sending ballistic missiles and other weapons to Russia to support the war against Ukraine. The Foreign Office said it will freeze assets for Iran’s national airline and its state-owned shipping company that...
US sanctions group that builds illegal West Bank settlements, with close ties to Israeli government
WASHINGTON (AP) — The U.S. on Monday imposed sanctions on organizations and firms involved in illegal settlement development in the occupied West Bank, including a well-established decades-old group that has close ties with Israeli leadership. Treasury sanctioned Amana, the largest...
Iranian official met with Musk in a possible step to ease tensions with Trump
WASHINGTON (AP) — Iran successfully sought a meeting with Elon Musk, according to a U.S. official, one in a series of steps that appeared aimed at easing tensions with President-elect Donald Trump. Iran's U.N. Ambassador Amir Saeid Iravani met with Musk — a Trump ally named this...
Hungary's Orbán says sanctions on Russia will 'destroy' EU economy
BUDAPEST, Hungary (AP) — The European Union must abandon its policy of sanctioning Russia for its war in Ukraine or risk causing an economic collapse, Hungarian Prime Minister Viktor Orbán told state radio on Friday. The EU has imposed several rounds of sanctions against Moscow...
UN sanctions 2 generals from Sudan's paramilitary force for key roles in war against the military
UNITED NATIONS (AP) — The United Nations Security Council imposed sanctions Friday on two generals in Sudan’s paramilitary force for their key roles in the war against the country’s military that has seen ethnically motivated attacks and atrocities. Sudan plunged into conflict...
For many Iranians, Trump’s return intensifies worries about war. Yet some see reasons for hope
TEHRAN, Iran (AP) — Iranians, like many around the world, are divided on what Donald Trump's next presidency will bring: Some foresee an all-out war between Tehran and Washington, particularly as other conflicts rage in the region. Others hold out hope that America's 47th president might engage...
Iran's currency falls to an all-time low as Trump clinches the US presidency
TEHRAN, Iran (AP) — Iran’s currency fell on Wednesday to an all-time low as Donald Trump clinched the U.S. presidency again, signaling new challenges ahead for Tehran as it remains locked in the wars raging in the Middle East. The rial traded at 703,000 rials to the dollar,...
US arrests Turkish businessman accused of helping Venezuela skirt sanctions
MIAMI (AP) — A Turkish businessman was arrested Monday in Miami and charged with helping Venezuela's state-run oil company circumvent U.S. sanctions. Taskin Torlak, 37, was arrested while attempting to return to Turkey, the Justice Department said in a statement. ...
US imposes sanctions on top members of the armed wing of a Mexican fentanyl-trafficking cartel
WASHINGTON (AP) — The U.S. on Thursday imposed sanctions on senior members of the armed wing of a Mexican drug cartel that operates on border territories in and around Chihuahua, Mexico. Five Mexican citizens and two companies linked to La Linea, a violent Mexico-based drug...
Locked in Mideast wars and battered by sanctions, Iran is wary over US presidential election
TEHRAN, Iran (AP) — America's presidential election next week comes just after Iran marks the 45th anniversary of the 1979 U.S. Embassy hostage crisis — and for many, tensions between Tehran and Washington feel just as high as they did then. Iran remains locked in the Mideast...
