sanctions News

Trump Extends Olive Branch to Iran, Demands End to Nuclear Program in Bold Move

US President Donald Trump offers Iran a chance for renewed diplomacy, demanding an end to its nuclear program. He warns of reimposing sanctions and reducing oil exports to zero if ...

EU Unveils Bold Strategy to Eliminate Russian Gas Dependency by 2027, Enhancing Energy Security

The European Commission has announced a plan to completely end the EU's dependency on Russian energy by 2027, focusing on gas, oil, and nuclear materials to enhance security and tr...

EU Unveils Bold Strategy to Eliminate Russian Gas Dependency by 2027 Amid Energy Security Concerns

The European Commission announces a plan to end reliance on Russian gas by 2027, focusing on transparency and monitoring to halt imports, addressing the 'shadow fleet' for oil, and...

Putin Keeps Door Open for Trump Talks Amid Ukraine Tensions, Kremlin Confirms

Kremlin spokesperson Dmitry Peskov confirms Putin's openness to talks with Trump, despite tensions over Ukraine. Trump considers sanctions on Russian oil if no ceasefire is achieve...

UK Lifts Sanctions on Rosbank: A New Chapter for Russian Financial Institutions

The UK has removed Rosbank PJSC from its sanctions list, marking a significant shift in the financial sanctions landscape. This decision affects the bank's operations and comes ami...

RBI Lifts Sanctions on Asirvad Micro Finance and DMI Finance, Signaling a New Chapter

The Reserve Bank of India (RBI) has lifted sanctions on Asirvad Micro Finance and DMI Finance, allowing them to sanction and disburse loans again. This decision follows corrective ...

China Escalates Tensions: New Sanctions on US Firms for Taiwan Arms Sales

China has announced new sanctions against seven US military firms and executives involved in arms sales to Taiwan, in response to the US's increased military assistance to Taiwan t...

Syria's Largest Oil Refinery Shuts Down: A Glimpse into the Country's Energy Crisis

Syria's largest oil refinery, Baniyas, has stopped operations due to the suspension of crude oil supplies from Iran. The refinery, which processes between 90,000 and 100,000 barrel...

India's Russian Oil Imports Plummet to Six-Month Low: What's Behind the Drop?

India's imports of Russian crude oil dropped by 55% in November, the lowest since June 2022, despite Russia remaining the largest oil supplier to India. This decline follows intern...