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OIL REVENUE SANCTIONS
Iran deal calls for diluting uranium at minimum, waiving sanctions & opening strait, US officials sayPresident Trump announced a deal with Iran, involving uranium dilution and sanctions waivers, allowing immediate oil sales. Mediated by Pak...
Senior US officials release text of Iran dealA draft memorandum of understanding between the US and Iran has been revealed. It includes new standards for uranium enrichment and provisi...
US quietly allows waiver on Russian oil to expireAmerica's Treasury has not extended sanctions waivers on Russian oil. This waiver expired at midnight. President Trump has not confirmed if...
Trump vows to reimpose US sanctions on Russian crude 'soon' as truce with Iran takes shapePresident Trump announced that the US will soon reimpose sanctions on Russian oil, citing eased global supply concerns due to resumed flows...
UK imposes new sanctions on Russian shadow fleet after Indian captain arrestAjay Pant, 38, was arrested by the National Crime Agency (NCA) during a joint operation with British armed forces to intercept a Russian sh...
India Inc gears up for Middle East rebound after peace dealIndian businesses are preparing for a surge in Middle East demand following a peace agreement. Companies are increasing production and secu...
From bombs to billions: The strange economics of US-Iran peace dealIran and United States are set to sign a peace deal involving significant financial concessions and sanctions relief for Iran. The deal see...
Iran says draft US deal includes oil sanctions waiver, nuclear limits and asset releaseUS-Iran war: Tehran and the United States are in talks over a draft memorandum. This agreement could lead to the immediate reopening of the...
India's Russian oil imports rise in May as refiners boost purchasesIndia continued its strong demand for Russian fossil fuels in May. The nation emerged as the second-largest buyer globally, importing hydro...
UAE to unlock billions of dollars for Iran, sources sayUS-Iran war: The United Arab Emirates is set to release billions of dollars to Iran. This move follows weeks of Iranian attacks on the UAE....
India-based entities among firms targeted in EU's proposed 21st Russia sanctions packageThe European Union is proposing new sanctions against Russia. These measures could affect companies in India and other nations. The EU aims...
US forces shoot down two Iranian attack drones in Strait of Hormuz amid fresh escalationUnited States forces have intercepted and destroyed two Iranian drones. These drones posed a threat to commercial shipping in the Strait of...
US weighs seizing Iranian assets to rebuild Gulf states hit by Tehran's attacksThe U.S. plans to redirect Iranian assets to Gulf states for rebuilding and repairs following recent Iranian attacks. Treasury Secretary Sc...
US strikes Iranian sites after Iran launches drones, in latest Gulf flare-upU.S. forces struck Iranian coastal radar sites after shooting down four Iranian drones targeting maritime traffic near the Strait of Hormuz...
Hezbollah rejection clouds Lebanon ceasefire and prospects for ending Iran warHezbollah rejected a U.S.-brokered ceasefire in Lebanon, vowing to continue resistance, while Israel stated it would not withdraw troops. T...
Lebanon ceasefire raises hopes of progress for Iran dealIsrael and Lebanon have agreed to a ceasefire brokered by the United States. This development offers hope for de-escalation in the ongoing ...
More oil escapes Hormuz, keeping traders guessingIran war: Tankers are using stealth to exit the Strait of Hormuz, freeing oil trapped in the Gulf. The practice of ships going dark is wide...
Rubio grilled on Iran, says US won't swap sanctions relief for straitIran war news: US Secretary of State Marco Rubio clarified that Iran sanctions relief is linked to its nuclear program. He stated this duri...
Iran's IRGC says 28 ships passed through Strait of Hormuz in the last 24 hoursIran's IRGC reports 28 ships transited the Strait of Hormuz under its security. The IRGC states the Persian Gulf's insecurity stems from US...
US imposes fresh sanctions on Iran's military oil sales, Treasury saysAmerica has imposed new sanctions on Iran's military oil trade. This comes as a tentative agreement is reached to extend a ceasefire and li...