Russia's VTB hit by US sanctions once again
The U.S. Department of the Treasury has added Russia’s VTB Bank, which is already under Washington's sanctions, to its Iran-related restrictions list, according to a statement released by the department.
The U.S. Department of the Treasury has added Russia’s VTB Bank, which is already under Washington's sanctions, to its Iran-related restrictions list, according to a statement released by the department.
The US Treasury has introduced a new round of sanctions against Iran, affecting approximately fifteen individuals and multiple companies.
Iranian exporters can now officially return proceeds to Iran using cryptocurrencies, according to media reports.
London has issued a General Trade Licence allowing the continued operation of Azerbaijan’s Shah Deniz gas field under the UK’s sanctions regime against Iran.
The United States has put 35 legal entities and one Egyptian national on its Iran-related sanctions list. A corresponding notification was posted on the website of the U.S. Department of the Treasury’s Office of Foreign Assets Control …
Anyone who supports Iran could be hit with US sanctions, and isolating its economy is the fastest way to peace, Washington said.
The U.S. administration plans to impose new sanctions on various entities cooperating with Iran every week in order to put more and more pressure on Tehran, U.S. Secretary of the Treasury Scott Bessent told Reuters.
Iraqi Foreign Minister Fuad Hussein and Omani Foreign Minister Badr al-Busaidi agreed that the U.S. oughened anti-Iranian sanctions will impair trade, economic, and financial cooperation with Iran and will have a negative impact on the situation in the region, the Iraqi foreign ministry said after their phone call.
All independent countries should refuse participation in the U.S. economic war against Iran and not recognize any anti-Iranian sanctions, the Iranian Foreign Ministry said.
The Iranian Oil Ministry reported that oil exports from the country continue, but have decreased due to the US naval blockade.
Iranian Foreign Minister Abbas Araghchi has sent a letter to the UN secretary-general and members of the UN Security Council outlining Tehran’s position on what it describes as the United States’ policy of "economic terrorism" against Iran, Mehr reported.
Israeli Prime Minister Benjamin Netanyahu said a diplomatic agreement with Iran was impossible under its current leadership.
Tehran is ready to counter US economic pressure, according to Iran's President Masoud Pezeshkian.
U.S. Treasury Secretary Scott Bessent has spoken with Bahrain’s finance minister, Sheikh Salman bin Khalifa Al Khalifa, on “Operation Economic Outcast” against Iran, the U.S. Treasury Department reported.
The recent U.S. sanctions imposed as part of Operation Economic Outcast are aimed at eliminating any possibility of Iran obtaining a nuclear weapon, U.S. State Department spokesperson Tommy Pigott told Al Jazeera.
Iran was prepared for the United State’s tougher sanctions and had drawn up a plan to address potential problems in advance, Iranian Economy Minister Seyed Ali Madanizadeh said.
The US Treasury has announced which sectors will be subject to close scrutiny under secondary sanctions related to Iran.
The U.S. administration expects to launch a "financial offensive" against Iran on Monday, U.S. Treasury Secretary Scott Bessent said.
The announced tightening of U.S. sanctions against Iran constitutes economic terrorism, and those involved will inevitably face appropriate punishment, Iran's Foreign Ministry said.
US Treasury Secretary Scott Bessent will announce new steps against Tehran during a press briefing next week