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Sanctions News - Latest Updates & Headlines

US sanctions target Iran's UAV, ballistic missile programs

Washington, DC, April 2: The United States on Tuesday (local time) sanctioned six entities and two individuals based in Iran, the UAE, and China that have been involved in the procurement of key components on behalf of entities connected to Iran's UAV and ballistic missile programs.

Pakistan fined for slow over-rate in ODI opener against New Zealand

Dubai, April 1: Pakistan have been fined 10 percent of their match fee for maintaining a slow over-rate in the first One-day International against New Zealand at Napier on Saturday. "Jeff Crowe of the ICC Elite Panel of Match Referees imposed the sanction after Mohammad Rizwan’s side was ruled to be two overs short of the target after time allowances were taken into consideration," the ICC said in a release on Tuesday.

Putin calls for peaceful resolution of Russia-Ukraine war

Moscow, March 28: Russian President Vladimir Putin has stated that the Kremlin stands for a peaceful resolution of the Ukraine conflict on the condition that its root causes are removed, describing the conflict as complex and demanding a "careful approach."

Pakistan rejects 'Democracy Act' bill by US lawmakers to sanction Pak army chief

Islamabad, March 27: The Pakistan Foreign Office (PFO) has taken a serious note of a bipartisan bill introduced by US lawmakers in the House of Representatives seeking sanctions against the country's state officials, including the Army Chief, over alleged human rights violations. Pakistan dismissed the bill on Thursday, calling it an "isolated act" and the opinion of individuals, which does not represent the bilateral relations between Islamabad and Washington.

Iran 'open' to indirect negotiations with US: FM

Tehran, March 24: Iranian Foreign Minister Seyed Abbas Araghchi announced Monday that his country will not engage in direct negotiations with the United States unless Washington adjusts its policy towards Tehran, but "the path is open for indirect negotiations."

US sanctions Chinese teapot refinery for purchasing Iranian oil

Washington DC, March 22: The United States has announced fresh sanctions targeting a Chinese teapot refinery for purchasing millions of barrels of Iranian oil, along with additional sanctions on entities and vessels in Iran's shadow fleet, as part of its broader strategy to curb Tehran's nuclear ambitions, restrict its ballistic missile program, and cut off its financial support for terrorist groups by driving its oil exports to zero, US State Department Spokesperson Tammy Bruce said on Friday.

Yemeni banks headquartered in Sanaa to relocate to Aden

Aden, March 15: Several Yemeni banks headquartered in the capital city of Sanaa have decided to relocate their operations to the temporary capital, Aden, to avoid sanctions imposed by Washington on the Houthi group, the Central Bank of Yemen said Saturday.

China, Russia, Iran call for end to nuke sanctions on Tehran

Tehran, March 14: China, Russia and Iran have called for an end of all "illegal and unilateral sanctions" and urged for abandoning "threats of force" against Tehran, as per a joint statement, following talks between the three countries in Beijing on Friday.

Trump threatens Russia with sanctions

Washington, March 7: US President Donald Trump on Friday threatened far-reaching sanctions against Russia until a ceasefire and a final settlement is reached with Ukraine.

Trump blocks 'concessions' on oil company's operations in Venezuela

Washington DC, February 27: US President Donald Trump said the US will be reversing "concessions" on "the oil transaction agreement" with Venezuela under the Biden administration, citing unmet electoral conditions by Venezuelan President Nicolas Maduro, CNN reported on Wednesday (local time).

Trump says US will be reversing "concessions" on oil agreement with Venezuela

Washington, Feb 27: President Donald Trump has said the US will be reversing "concessions" on "the oil transaction agreement" with Venezuela under the Biden administration, citing unmet electoral conditions by Venezuelan President Nicolas Maduro and a dissatisfaction with the pace of transporting violent undocumented Venezuelan criminals back to their home country.

BRICS is dead: Donald Trump reiterates 100 pc tariff threat on BRICS nations

Washington, DC, February 14: US President Donald Trump has said that BRICS was created for a bad purpose and most people don't want it. He said that BRICS is dead and reiterated his threat to BRICS nations, saying he would impose a 100 per cent tariff on the bloc if they try to replace the US dollar with any other currency.

Trump reinstates maximum pressure on Iran, withdraws US from UNHRC

Washington DC, February 5: US President Donald Trump has signed executive orders to reinstate the "maximum pressure" campaign against Iran, withdraw the US from the United Nations Human Rights Council (UNHRC), and cut funding for the United Nations Relief and Works Agency for Palestine Refugees (UNRWA), Fox News reported.