Business Standard brings you the top news of the evening
India has been vocal in its support for Iranian crude purchases recently as it laments the price of supplies from Saudi Arabia.
US President Joe Biden on Friday extended for another year the national emergency declared with respect to Iran in the year 1995, the White House announced.In a letter to House Speaker Nancy Pelosi, Biden said, "I have determined that it is necessary to continue the national emergency declared in Executive Order 12957 with respect to Iran and to maintain in force comprehensive sanctions against Iran to respond to this threat."He further said that the decision has been taken as the actions and policies of the Government of Iran continue to pose an unusual and extraordinary threat to the national security, foreign policy, and economy of the US.According to Sputnik, he also accused Iran of proliferating and developing "missiles and other asymmetric and conventional weapons capabilities," maintaining "network and campaign of regional aggression," supporting "terrorist groups and... malign activities of the Islamic Revolutionary Guard Corps.
Russian Foreign Min urged the US admin 'not to play with fire' after Washington announced sanctions against Russian individuals and entities over the alleged poisoning of Kremlin critic Navalny.
The United States announced sanctions and restrictions against Russian individuals and entities over the alleged poisoning of Kremlin critic Alexei Navalny
Senior administration officials announced the sanctions but did not immediately identify the Russian officials named in them
Huawei has started internally designing the EVs and approaching suppliers at home, with the aim of officially launching the project as early as this year, three of the sources said
While Biden has pledged reengagement and a more civil tone in U.S. diplomacy, its unclear whether he will make any fundamental changes in Washington's policies toward Beijing
The Cuban government is interpreting the document to mean there were no actual attacks against the diplomats
"The February 1 coup was a direct assault on Burma's transition to democracy and the rule of law," Treasury Secretary Janet Yellen said in a statement
Spokesman Zhao Lijian told a press briefing that China firmly opposed the United States' repeated sanctions against Chinese firms
After the US blacklisted Xiaomi citing affiliation with the "Communist Chinese military company", the Chinese tech company on Friday said it is reviewing the potential consequences
Washington blacklisted seven entities and two individuals in sanctions related to the Islamic Republic of Iran Shipping Lines and Iranian shipping entities
Republican Trump is due to hand over power to Democratic President-elect Joe Biden after losing the Nov. 3 election
China on Saturday issued a new order prohibiting firms from complying with foreign laws that ban transactions with Chinese companies and individuals, effective immediately
China's leading telecommunications equipment maker found itself on a US trade blacklist in May 2019 due to national security concerns. Huawei has repeatedly denied it is a risk
Open Source repository GitHub has secured a license from the US government to offer its services to developers in Iran.
The US blacklisted 12 Iranian steel and metals makers and three foreign-based sales agents of an Iranian metals and mining holding company, seeking to deprive Iran of revenues
In October 2018, India had signed a $5 billion deal with Russia to buy five units of the S-400 air defence missile systems, despite a warning from the Trump administration
Pressured by strict US sanctions, Venezuela's oil exports plunged by 376,500 barrels per day (bpd) in 2020, according to data and internal documents