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ECONOMIC IMPACT OF SANCTIONS
US destroys 5 Iranian crude oil tankers following attacks on navy warshipUnited States forces said it targeted and destroyed five Iranian oil tankers, sharply escalating tensions. In retaliation, Iran fired missi...
US sanctions on Iran: Basmati demand stays strong, pharma and livestock exporters face new hurdlesIranian demand for Indian basmati remains resilient despite tougher US sanctions, but exporters are facing rising shipping, insurance, and ...
Israel to close British consulate in Jerusalem in response to UK sanction on West Bank settlementsThe United Kingdom has banned trade with Israeli settlements in the occupied West Bank. Israel responded by closing the British consulate i...
US sanctions leave Iranian students scrambling to take English exams abroadUS sanctions have suspended essential English proficiency exams within Iran. Many Iranian students now face significant financial burdens t...
Iran vows to respond to US strikes, says US energy companies' facilities are 'exposed'Iran has threatened to retaliate against any new United States attacks on its assets. The nation warned that regional energy production is ...
"Conflict will not be resolved by buying or not buying oil": S Jaishankar on US sanctions bill"But let me just add this. You know, this conflict, which is today in its third year, will not be solved because somebody is buying or not ...
Oil ends week higher on renewed US-Iran strikes, diesel hits recordOil prices have surged dramatically this week amidst escalating military tensions between the U.S. and Iran. Record-high retail diesel pric...
Trump doubles down on sanctions, military pressure as Iran refuses to yieldThe Trump administration employs economic pressure and military threats against Iran. Iran's government has refused to yield to these inten...
'Russia and India's 96% bilateral trade now through Rupee-Rouble payment infra'Russia and India have established a functioning payments infrastructure using roubles and rupees. This system now accounts for ninety-six p...
US may announce new Iran bank sanctions this week, next week: Scott BessentUS Treasury Secretary Scott Bessent revealed plans for new sanctions targeting Iran-linked banks soon. The department is also investigating...
Oil Price Today (September 1): Crude oil above $90 as US, Iran attacks jolt Hormuz hopes. $100 in sight?Oil prices rose on Tuesday as renewed fighting between the U.S. and Iran in the Middle East revived concerns over potential supply disrupti...
Donald Trump vows to hit Iran hard after first exchanges of fire in a monthIran launched missiles at two United States air bases in Jordan overnight. This action followed a United States strike on Iran's Larak Isla...
Venezuelans view US oil deal with doubt, hopeVenezuela and the United States have finalized a significant oil deal. This agreement aims to revitalize the nation's struggling petroleum ...
US strikes Iranian rocket launchers near Larak Island on Strait of Hormuz; Tehran vows retaliationUS Iran war: United States forces struck Iranian rocket launchers near the Strait of Hormuz. This action marks the first military engagemen...
War weighs on Iran's economy as US intensifies sanctionsIranian leaders admit economic hardship from war and sanctions, while vowing to resist US pressure. President Pezeshkian stated foreign tra...
Iran presses other countries to refrain from implementing US sanctionsIran's Foreign Ministry declared all nations must avoid implementing United States sanctions. New United States economic measures were call...
India rice exporters see Iran demand defying sanctions riskRice dominates trade between the two countries, accounting for nearly two-thirds of India’s $1.25 billion in exports to Iran in the fiscal ...
Global market: Eurozone bond yields steady as oil prices ease, traders assess Iran sanctionsEurozone bond yields remained largely stable as investors assessed new U.S. sanctions on Iran and easing oil prices. Germany’s 10-year yiel...
Trump will have to risk pain to make new Iran sanctions truly biteThe United States is unveiling new sanctions against Iran today. These measures aim to cripple Iran's economy by targeting its oil sales. C...
Trump says ‘Iran is completely collapsing’ as Tehran dismisses new US sanctions threatThe United States is preparing to announce severe sanctions against Iran. President Trump stated Iran is completely collapsing under econom...