"us-sanctions"

The US sanctioned Iranian cryptocurrency exchange BitBank, its developer and three individuals, alleging they helped transfer hundreds of millions of dollars in Bitcoin to Iran’s Revolutionary Guard. Treasury said the action targeted a sanctions-evasion network linked to businessman Babak Zanjani

Iran’s rial hit a record low against the US dollar ahead of new US sanctions targeting digital assets, technology, gold, aviation and shipping. Tehran rejected Washington’s demands, defended its sovereignty and dismissed claims that the Strait of Hormuz remained fully open

Iranian Foreign Minister Seyed Abbas Araghchi said the latest US economic operation against Tehran is doomed to fail. His remarks came after US President Donald Trump announced an unprecedented campaign of economic warfare and isolation against countries supporting Iran.

India will continue importing Russian crude irrespective of US sanctions waivers, citing commercial viability and energy security concerns. Petroleum Ministry officials said supplies remain stable, while analysts expect tighter compliance checks instead of any major shift in India’s oil sourcing strategy

The United States lifted sanctions on Delcy Rodríguez, signalling improved ties with Venezuela after years of tensions. The move may boost economic cooperation, oil sector engagement, and diplomatic normalization following leadership changes in Caracas

The United States seized two oil tankers, including a Russian-linked vessel and a stateless dark fleet ship, in the North Atlantic and Caribbean as part of stepped-up sanctions enforcement against illicit oil trafficking and shadow fleet operations.

Trump’s plan to take control of Venezuela’s oil industry is unlikely to affect oil prices immediately. Years of mismanagement and sanctions have left production low, requiring massive investment and political stability before output can significantly rise

A bipartisan group of US senators has introduced the Decreasing Russian Oil Profits (DROP) Act, proposing financial sanctions on foreign entities purchasing Russian oil to curb Moscow’s war funding, while allowing limited exemptions for countries that support Ukraine.

The US sanctioned several India-linked individuals and firms for involvement in Iranian petroleum sales, asserting the trade funds Tehran’s terrorist proxies and weapons programmes. The State and Treasury Departments expanded designations to disrupt Iran’s oil networks and intensify pressure under NSPM-2

The US imposed sanctions on 32 entities and individuals from countries including India, China, and Iran for aiding Iran’s ballistic missile and UAV programmes. India-based Farmlane Pvt Ltd was linked to illicit procurement, as Washington intensified pressure under President Trump’s directive

India will scale down direct Russian crude imports from late November as US sanctions on Rosneft and Lukoil take effect. Reliance, MRPL, and HPCL-Mittal have halted purchases, triggering a sharp decline in December arrivals, with gradual recovery expected via intermediaries

US sanctions on Russia's Rosneft and Lukoil may impact Reliance Industries’ direct oil imports. State-owned refiners are likely to continue buying through intermediary traders. EU restrictions on fuel exports will further affect Indian firms, prompting recalibration from January 2026

The US has sanctioned eight Indian nationals and several India-based firms for allegedly facilitating Iranian oil and LPG exports. The Treasury and State Departments said the entities helped Iran earn billions, adding them to Washington’s Specially Designated Nationals list

Brazil’s Supreme Court justice Alexandre de Moraes led the conviction of ex-President Jair Bolsonaro for orchestrating a coup attempt, sentencing him to 27 years. Revered by some as a defender of democracy and reviled by others, de Moraes’ bold rulings polarized Brazil

US President Donald Trump imposed 50% tariffs on India, including 25% on Russian oil imports, to pressure an end to the Russia-Ukraine war. India rejected the move as “unjustified,” vowing to protect its national interests and economic security

India may face a $9–11 billion spike in oil import costs if US penalties force it to cut Russian crude. With EU sanctions also tightening, refiners like Reliance and Nayara could lose margins, affecting inflation and fuel pricing.

The sanctioned Indian firms are Austinship Management Pvt Ltd, BSM Marine LLP, Cosmos Lines Inc, and Flux Maritime LLP

Asked during her briefing on Tuesday about reports that India was planning to buy "discounted crude oil' from Russia, she said, "Our message to any country continues to be that obviously abide by the sanctions that we have put in place and recommended."

Moscow: Russia’s space agency chief has warned the US that the slew of sanctions imposed on Moscow can “destroy our cooperation” on the International Space Station (ISS) and asked Washington if it wants to threaten India and China with the “possibility of a 500-tonne structure falling” on them. Russia and the US are the major […]

Indian-American Daleep Singh, a top aide of US President Joe Biden, on Thursday said these measures include sweeping restrictions on Russian military end users and will also target Russia's defence, aerospace, and maritime sectors.