Page 4 - Us Sanctions

Adani Group ports to bar vessels facing sanctions from the US, UK, and EU

The move to block sanctioned vessels comes amid heightened scrutiny of global shipping, driven by US tariffs on Russian crude and the ongoing Russia-Ukraine war

Sanctions on nations buying Russian oil can hurt Moscow economy: Bessent

US Treasury Secretary Scott Bessent on Sunday said that the Russian economy will collapse if Washington and the European Union impose more secondary sanctions on countries that buy crude oil from Moscow. Bessent, in an interview to NBC News, said that President Donald Trump and Vice President J D Vance had a very productive call with President of the European Commission Ursula von der Leyen, who followed up with a call with him on Friday and they discussed what the US and European Union (EU) could do to put more pressure on Russia. The Trump administration has imposed an additional 25 per cent tariff on India for its purchases of Russian oil on top of the 25 per cent reciprocal tariffs announced earlier, bringing the total duties imposed on New Delhi to 50 per cent, with effect from August 27. The treasury secretary said the US is prepared to increase pressure on Russia, but we need our European partners to follow us. We are in a race now between how long can the Ukrainian military

Imposed tariffs on India over Russian oil imports: US govt to Supreme Court

The Trump administration has told the US Supreme Court that it imposed tariffs against India for purchasing Russian energy products "to deal with a preexisting national emergency regarding Russia's war in Ukraine and as a "crucial aspect" of the President's push for peace in the country. Trump has imposed 25 per cent reciprocal tariffs on India and an additional 25 per cent levies for Delhi's purchases of Russian oil, bringing the total duties imposed on India to 50 per cent, with effect from August 27. In a 251-page appeal to the Supreme Court, submitted Wednesday, the Trump administration said that the President recently authorised IEEPA (International Emergency Economic Powers Act) tariffs against India for purchasing Russian energy products, to deal with a preexisting national emergency regarding Russia's war in Ukraine, as a crucial aspect of his push for peace in that war-torn country. The appeal further states that the stakes in this case could not be higher. The President an

Sanctions-hit refiner Nayara in talks with Indian govt to sustain ops

The private refiner, majority-owned by Russian companies including Rosneft, was sanctioned by the EU last month as part of a package targeting entities linked to Russian oil

SBI halts Nayara's overseas transactions over Russia sanctions risk

State Bank of India (SBI) stops Nayara Energy's overseas transactions to avoid possible US and EU sanctions linked to Russian ownership, as banks grow cautious

US tariff impact: Trump's trade moves could dent India's oil bill savings

State-run refiners are covered for deliveries of crude oil in September even if Russian oil flows cease, a senior trader at a state refiner said. Another trader said they are mostly covered

Oil prices seesaw as US Secy questions potential Russia sanctions

Oil prices hit five-week lows as markets await US sanctions decision on Russia. Tariffs on India, crude inventory draw, and Opec+ supply plans also influence Brent and WTI price movements

Trump imposes additional 25% tariff on India for purchasing Russian oil

US President Donald Trump has imposed an additional 25% tariff on Indian goods, citing India's continued import of Russian oil, effective August 27

Despite US pressure, Russian oil tankers unload at Indian refineries

More tankers are poised to discharge another 2.2 million barrels of Urals in the coming hours

Trump tariffs on Russian oil put squeeze on India's biggest crude supplier

Trump Sanctions On Russian oil puts the squeeze on India's Biggest Crude Supplier

Sanctions as deadly as war, linked to mass fatalities every year: Study

Unilateral and economic sanctions imposed by the US and the European Union lead to a substantial increase in mortality that disproportionately hurts children younger than five years old

India criticises EU sanctions on Russia, including Gujarat refinery

The "Government of India considers the provision of energy security a responsibility of paramount importance to meet the basic needs of its citizens," said MEA

Trump vows 100% tariff on Russia if war in Ukraine not stopped in 50 days

Without providing details, Trump said that the levies on Russia would come in the form of secondary tariffs

US slaps sanctions on firms linked to North Korea's fake-tech-worker scheme

Thousands of North Korean workers have been posing as nationals from other countries to infiltrate companies in the US and around the world, said the US government

Trump says he is not happy with Russia's Putin, considering sanctions

I'm not happy with him, I can tell you that much right now. This is killing a lot of people, Trump said of Putin during a meeting with his Cabinet

US revokes foreign terrorist designation of Syria's HTS

HTS was labelled a terrorist group by the US in 2018 because of its previous connections to al-Qaeda. However, in late January, it was disbanded and the fighters were integrated into Syrian military

Trump signs executive order ending US sanctions on Syria: White House

President Donald Trump signed an executive order on Monday ending US sanctions on Syria, following through on his promise to do so. White House press secretary Karoline Leavitt said the move was designed to promote and support the country's path to stability and peace". Sanctions will remain in place on ousted former president Bashar Assad, his top aides and family. The executive order is meant to end the country's isolation from the international financial system, setting the stage for global commerce and galvanising investments from its neighbours in the region, as well as from the United States", Treasury's acting under secretary for terrorism and financial intelligence, Brad Smith, told reporters on a call Monday to preview the administration's action. The White House posted the text of the order on X after the signing, which was not open to the press. The US granted Syria sweeping exemptions from sanctions in May, which was a first step toward fulfilling the Republican ...

Russia tries again to boost LNG exports stalled by US sanctions last year

Russia has the pieces in place to meaningfully boost LNG exports as it expands its shadow fleet

Trump claims he saved Iran's Khamenei from 'ugly and ignominious death'

Donald Trump has claimed that he saved Iran's Supreme Leader during the Israel conflict. However, he dropped sanction relief after hostile Iranian statements

US sanctions Palestinian NGO, others over alleged ties with militant groups

The US Treasury Department on Tuesday imposed sanctions on a major Palestinian legal group for prisoners and detainees along with five other charitable entities across the Middle East, Africa and Europe, accusing them of supporting militant groups, including Hamas' military wing, under the pretense of humanitarian aid in Gaza. Those sanctioned include Addameer, a nongovernmental organisation that was founded in 1991 and is based in the city of Ramallah in the Israeli-occupied West Bank. The Palestinian group provides free legal services to Palestinian political prisoners and detainees in Israeli custody and monitors the conditions of their confinement. The federal government claims that Addameer has long supported and is affiliated with the Popular Front for the Liberation of Palestine, a secular, left-wing movement with a political party and an armed wing that has carried out deadly attacks against Israelis. Israel and the United States have labelled the PFLP a terrorist ...