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ECONOMIC IMPACT IRAN SANCTIONS
Where things stand after Iran's new pitch for deal to open Strait of HormuzIran's president and foreign minister proposed a deal to the US to end fighting and assist diplomacy. They seek the lifting of sanctions, a...
Iraq seeks exemption from US ban on Iran airlinesIraq is currently negotiating with the United States for an exemption from the recent ban on Iranian airlines. This ban has caused signific...
Jaishankar meets Russia, Iran foreign ministers at UNGA days after Trump signs sanctions lawDuring the UN General Assembly, India's External Affairs Minister S. Jaishankar conferred with officials from Russia and Iran, highlighting...
Trump rejects Iran’s 7-day ceasefire proposal, expects bombing to resume after US midterms: ReportUS President Donald Trump has rejected Iran’s proposal for a seven-day ceasefire and told aides he expects US bombing of Iran to resume aft...
Allies unite behind Saudi Arabia as Houthis step up attacksSaudi Arabia, Turkey and Pakistan will hold an urgent, high-level meeting under a joint defence pact to discuss ways to support the kingdom...
US, Iran explore phased deal to reopen Hormuz, lift economic blockade: ReportNegotiators from the US and Iran are discussing a phased resolution to their ongoing conflict. This approach could involve Iran reopening t...
US must pivot from tariffs to Quad partnership with India: Former US NSA John BoltonJohn Bolton expressed concerns over the new Sanctioning Russia and Iran Act of 2026 legislation. He warned that expanded sanctions authorit...
UAE central bank imposes strict sanctions on Bank Melli Iran branchesThe UAE's central bank has prohibited Iran's Bank Melli from conducting operations in the country. This decision follows the UAE's suspensi...
Jaishankar flags India’s concerns over US sanctions law in talks with RubioS Jaishankar reiterated India's concerns regarding the Sanctioning Russia and Iran Act in discussions with Marco Rubio. This legislation po...
Iran's actions risk 'global economic instability', says G7; warns West Asia conflict may escalateThe G7 warned that Iran's actions risk further escalating the West Asia conflict, undermining international trade and creating global econo...
Binance under US scrutiny over possible Iran sanctions violations: ReportUS prosecutors are investigating Binance for possible Iran sanctions violations. Authorities are examining if the exchange knowingly allowe...
'All Iranian airlines will be shut down around the world': Bessent threatens secondary sanctions against foreign airports, fuel suppliersUnited States Treasury Secretary Scott Bessent warned Iranian airlines face international shutdown. Foreign companies providing services ri...
Bessent says US to shut down Iranian airlines with secondary sanctionsUS Treasury Secretary Scott Bessent said Iranian airlines would face a shutdown from September 23 through the threat of secondary sanctions...
Trump’s tariff tantrums return? Gokaldas Exports, other textile stocks drop up to 5% after Trump signs Russia sanctions billShares of textile exporters fell after US President Donald Trump signed a law allowing tariffs of up to 100% on countries buying Russian oi...
'Critically important': Zelenskyy thanks Trump for Russia sanctions bill with nod to Lindsey GrahamUkrainian President Volodymyr Zelenskyy thanked US President Donald Trump for signing the Lindsey O. Graham Sanctioning Russia and Iran Act...
NCP (SP) asks Centre to spell out economic fallout of US tariff threat over Russian oilThe NCP (SP) seeks details on India's economic exposure to a new US law. This legislation authorizes significant tariffs on nations buying ...
US "quite likely" to target Chinese firms aiding Iran's money flows: Ex-Trump NSA on Beijing's support to Tehran amid conflictThe United States may impose secondary sanctions on Chinese financial institutions. This action is likely if Beijing continues financial fl...
Trump signs Russia-Iran sanctions law, opens door to 100% tariffs on IndiaUS President Donald Trump has signed the Sanctioning Russia and Iran Act of 2026, allowing tariffs of up to 100% on countries including Ind...
India discusses US Sanctioning Russia and Iran Act implications on bilateral ties and energy marketsIndia has discussed the US sanctions act's potential implications with America. The Indian government stated bilateral relations may be adv...
Iranian President Pezeshkian says unilateral sanctions directly impacting global food security, people's welfareIranian President Masoud Pezeshkian urged BRICS nations to expand trade using national currencies. He advocated for an inclusive global eco...