Investing
US Halts Iranian Oil Dollar Sales After Gulf Strikes
The US Treasury Department has revoked a waiver, blocking Iranian oil sales in US dollars, leaving over 60 million barrels stranded following...
#us sanctions 12 articles
Markets
Oil Prices Climb: Hormuz Strait Deal Doubts Persist
Oil prices rose as doubts grew over a U.S.-Iran deal for free transit through the Strait of Hormuz. Brent crude hit $84.51,...
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...
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...