Iran says private exporters had no problem selling its oil

DUBAI (Reuters) – Iran said on Wednesday private exporters have had “no problems” selling Iranian oil, and 3 million barrels of crude could be sold soon to non-government traders, state media reported, despite U.S. sanctions targeting Tehran’s oil sales. Iran began selling crude oil to private companies for export in late October, just ahead of U.S. sanctions on sectors including […]

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US sanctions Russians for election meddling, nerve agent use

The U.S. Treasury Department has sanctioned 15 Russians over hacking, interference in U.S. elections and a nerve agent attack in England. In a separate action Wednesday, the agency also announced plans to lift sanctions on the aluminum manufacturing giant Rusal. It comes after the department approved a plan that severed Russian oligarch Oleg Deripaska's control of the company. Continue Reading […]

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EU slaps sanctions on 7 Myanmar army, border officials

The European Union is slapping asset freezes and travel bans on seven more people accused of human rights violations against the Rohingya minority in Myanmar. EU headquarters said Friday that the seven army and border police officials are being put on the bloc's sanctions list "for serious human rights violations committed against the Rohingya population, ethnic minority villagers or civilians." […]

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U.S. to remove sanctions from aluminum giant Rusal

(Reuters) – The U.S. Treasury will lift sanctions on the core empire of Russian businessman Oleg Deripaska, including aluminum giant Rusal and its parent En+, watering down the toughest penalties imposed since Moscow’s 2014 annexation of Crimea. In April, the U.S. Treasury imposed sanctions on Deripaska, Rusal, En+ and other companies in which he owns stakes, citing “malign activities” by […]

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Menendez says U.S. sanctions on Russia's Deripaska should remain

WASHINGTON (Reuters) – The top Democrat on the Senate Foreign Relations Committee on Wednesday urged the Trump administration not to waive or remove sanctions on Russian oligarch Oleg Deripaska or two companies he controls. In a letter to U.S. Treasury Secretary Steve Mnuchin, Senator Bob Menendez cited unspecified reports that Treasury was considering such a move and noted the department’s […]

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U.S. Sanctions 17 Individuals For Roles In Killing Jamal Khashoggi

Seventeen Saudi Arabian government officials were sanctioned by the U.S. Treasury Department on Thursday over their alleged roles in the killing of journalist Jamal Khashoggi. The individuals sanctioned include senior Saudi official Saud Al-Qahtani, who was allegedly part of the planning and execution of the operation that led to Khashoggi’s murder. Al-Qahtani’s subordinate Maher Mutreb, who allegedly coordinated and executed […]

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U.S. Sanctions 17 Individuals For Roles In Killing Jamal Khashoggi

Seventeen Saudi Arabian government officials were sanctioned by the U.S. Treasury Department on Thursday over their alleged roles in the killing of journalist Jamal Khashoggi. The individuals sanctioned include senior Saudi official Saud Al-Qahtani, who was allegedly part of the planning and execution of the operation that led to Khashoggi’s murder. Al-Qahtani’s subordinate Maher Mutreb, who allegedly coordinated and executed […]

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Exclusive: Russia clashes with Western oil buyers over new deals as sanctions loom

MOSCOW (Reuters) – Russian energy majors are putting pressure on Western oil buyers to use euros instead of dollars for payments and introducing penalty clauses in contracts as Moscow seeks protection against possible new U.S. sanctions. Seven industry sources told Reuters that Western oil majors and trading houses have clashed with Russia’s third and fourth biggest producers, Gazprom Neft and […]

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US sanctions will push Tehran's hardliners to the fore, Iranian American council warns 

The United States has reintroduced wide -ranging sanctions on Iran. A U.S. based group promoting ties between the countries believe it will check progress and reform in Iran. Oil prices rose during Monday’s trading session. The reimplementation of U.S. sanctions on Iran will benefit the hard-line faction within the Middle East country, according to the Washington, D.C.-based National Iranian American […]

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Iran sanctions had 'enormous' economic consequences: John Bolton

Bolton on Iran sanctions: We’ve already seen the consequences National security adviser John Bolton on the U.S. sanctions on Iran and U.S. relations with Saudi Arabia. National security adviser John Bolton on Monday said that sanctions have had an “enormous” effect on Iran’s economy. Continue Reading Below “We’ve already seen the consequences in Iran,” Bolton told FOX Business’ Maria Bartiromo. “The […]

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