The US seized an oil tanker linked to Iranian crude smuggling in the Indian Ocean, escalating tensions after Iran captured vessels in the Strait of Hormuz. The conflict has disrupted global shipping, pushed oil prices above $100, and increased economic strain worldwide
Talks between Iran and the US in Islamabad ended without agreement, with Iran citing “excessive demands.” JD Vance blamed Tehran’s nuclear stance. Esmaeil Baqaei noted partial consensus but key disagreements remained despite mediation by Ishaq Dar
India’s Russian oil imports dropped by nearly a third after new US sanctions took effect on November 21, prompting refiners to cut purchases from designated companies. Analysts expect December arrivals to fall further as India turns to alternative suppliers and opaque trade routes
President Donald Trump warned that countries doing business with Russia will face “very severe” sanctions, possibly including Iran. Republican lawmakers are pushing legislation, including the Sanctioning Russia Act of 2025, targeting nations funding Moscow’s war in Ukraine.
The UN has reimposed “snapback” sanctions on Iran over its nuclear programme, freezing assets, halting arms deals, and targeting its missile development. Already hit by record inflation and food shortages, Iranians now face deeper economic pain and growing fears of conflict.
Washington: The United States has sanctioned Russian President Vladimir Putin’s rumoured girlfriend Alina Maratovna Kabaeva in a fresh round of sanctions targeting Russian elites over Moscow’s actions in Ukraine. According to the Treasury Department, the 39-year-old Kabaeva was in a “close relationship to Putin.” She is a former member of the State Duma and is […]
"To make sure Putin and his enablers are held accountable, Canada has imposed severe sanctions on 15 more Russian officials - including government and military elites who are complicit in this illegal war," Trudeau said in a tweet.
The Turkish leader also mentioned Washington's threat of sanctions after Turkey tested the Russian-made S-400 air defense system. The purchase has already seen Turkey kicked off the F-35 stealth fighter program.
