Investing
US Dollar Ban Strands 60 Million Barrels of Iranian Crude
The US Treasury has revoked its waiver for Iranian oil sales, blocking transactions in US dollars after Gulf tanker strikes. This action...
#us sanctions 10 articles
World Business
Meliá Exits Cuba: Sanctions Force Spanish Hotel Chain’s Full Withdrawal
Spanish hotel giant Meliá is completely shuttering its Cuba operations due to U.S. sanctions and an energy blockade, dealing a major blow...
World Business
US Waives Iran Oil Sanctions for 60-Day Peace Talks
The U.S. temporarily waived sanctions on Iranian oil exports Monday, opening the door for Tehran to return to global energy markets as...
World Business
Cuba Plunged Into Darkness Again as US Lawmakers Demand More Sanctions
Cuba suffered its second nationwide blackout in a week, grappling with an aging grid and fuel shortages. Simultaneously, US lawmakers urged new...
Investing
US Halts Dollar Sales for Iranian Oil
The US Treasury Department has stopped allowing Iranian oil sales in US dollars, stranding over 60 million barrels after Gulf strikes. This...
Stocks
Iran Holds Firm on Hormuz Tolls Despite US Billions Offer
The Trump administration's offer to unfreeze billions in Iranian funds, contingent on relinquishing Strait of Hormuz toll claims, has been met with...
World Business
US Sanctions Waivers Boost Iran Oil Exports; Billions in Aid Conditional
Tehran has secured immediate economic relief through US sanctions waivers, allowing a swift rebound in its crucial oil exports. However, billions in...
Stocks
U.S. Blockade Drives Iran Oil Exports to Six-Year Low
Iran's oil and condensate exports fell below 300,000 barrels per day in May, marking a six-year low. Analysts attribute this sharp decline...
Economy
Iran’s Economy Falters Under War, Blockade: Inflation Soars, Rial Plummets
Iran's economy faces unprecedented strain from war and US blockade, with annual inflation at 53.7% and the rial losing over half its...