When Russian tourist Konstantin Ivanov tried to draw money from his home bank account at a cash machine on the Indonesian resort island of Bali, the transaction was blocked.
Unprecedented sanctions a...
The Biden administration said late on Friday that it would reimpose economic sanctions on certain state-owned companies in Belarus, the latest diplomatic pushback from a western government after the c...
Adani Ports and Special Economic Zone Ltd said on Tuesday it could abandon a Myanmar container terminal project and write down the investment if it is found to be in violation of sanctions imposed by ...
Iran denied on Tuesday it was using a South Korean ship and its crew as hostages, a day after it seized the tanker in the Gulf while pressing a demand for Seoul to release $7 billion in funds frozen u...
Reliance Industries will this week load its first cargo of Venezuelan crude in three months in exchange for diesel under a swap deal the parties say is permitted under the US sanctions regime on the L...
ONGC Videsh, the overseas arm of state-owned explorer ONGC, is unlikely to go ahead with its investments in Iran’s Farzad-B gas block because of the US sanctions on the Islamic nation.Tehran has ind...
At least a quarter of Iran’s oil rigs are out of action as US sanctions strangle the Islamic republic’s vital oil industry, according to a Reuters review of financial documents and industry source...
India has stopped importing oil from Iran since the American waivers granted to eight buyers expired early this month, New Delhi’s envoy here said on Thursday.Indian ambassador Harsh Vardhan Shringl...
President Trump opened a small window for diplomacy with Iran on Wednesday, but combined his words with bald threats that made it hard to see how the two countries could break out of their cycle of co...
By David E. Sanger/ New York Times News Service
in New York
India is weighing a number of options to secure additional crude oil to compensate for the loss of cheap Iranian supplies due to US sanctions.Oil producers, however, are expected to seek a premium for...