Iran on Saturday (Aug 22) warned countries against joining the United States in imposing economic sanctions on the Islamic Republic, saying any government that participates in Washington’s campaign will be treated as an enemy. The head of Iran’s Supreme National Security Council, Mohsen Rezai, issued the warning as US President Donald Trump’s administration stepped up pressure on allies to join efforts to isolate Tehran’s economy.“We declare to all countries... do not join the economic war waged by the United States,” Rezai said on state television.“Any country participating in the imposition of economic restrictions against us is considered an enemy,” he added.Rezai warned that countries refusing to distance themselves from Washington could see their interests targeted by Iran. His comments marked a sharp escalation in Tehran’s rhetoric as the conflict between Iran and the US continues to strain regional security and trade.The Iranian official also claimed that Tehran had not yet used its full range of options against American economic interests.<h2>Iran threatens against US sanctions</h2>“So far, we have only targeted military bases, but if they want to impose economic sanctions on us, the United States has oil and economic companies around Iran and elsewhere, and we will strike them,” Rezai said.He further warned that any fresh action by US President Donald Trump could trigger a much broader confrontation.“Should Trump take action, our confrontation will be like an earthquake,” Rezai said.“If they start such an action, we will not allow a single drop of oil to pass through the Persian Gulf. Oil will leave neither through the Strait of Hormuz nor through the Persian Gulf,” he added.Washington has been pressing governments, including major trading partners of Iran, to support its campaign to restrict Tehran’s access to international markets. China, one of Iran’s key strategic partners, has criticised the US approach, arguing that sanctions would not help resolve the wider Middle East conflict.Meanwhile, the United Arab Emirates on Tuesday (Aug 18) announced that it was suspending all trade and financial transactions with Iran until further notice, marking a significant setback for Tehran’s regional economic ties.

Iran warns countries joining US sanctions they will be treated as enemies, threatening to target their interests. Tehran also warns Trump that any escalation could trigger a wider confrontation.

Iran on Saturday (Aug 22) warned countries against joining the United States in imposing economic sanctions on the Islamic Republic, saying any government that participates in Washington’s campaign will be treated as an enemy. The head of Iran’s Supreme National Security Council, Mohsen Rezai, issued the warning as US President Donald Trump’s administration stepped up pressure on allies to join efforts to isolate Tehran’s economy. “We declare to all countries... do not join the economic war waged by the United States,” Rezai said on state television. “Any country participating in the imposition of economic restrictions against us is considered an enemy,” he added. Rezai warned that countries refusing to distance themselves from Washington could see their interests targeted by Iran. His comments marked a sharp escalation in Tehran’s rhetoric as the conflict between Iran and the US continues to strain regional security and trade. The Iranian official also claimed that Tehran had not yet used its full range of options against American economic interests. Iran threatens against US sanctions “So far, we have only targeted military bases, but if they want to impose economic sanctions on us, the United States has oil and economic companies around Iran and elsewhere, and we will strike them,” Rezai said. He further warned that any fresh action by US President Donald Trump could trigger a much broader confrontation. “Should Trump take action, our confrontation will be like an earthquake,” Rezai said. “If they start such an action, we will not allow a single drop of oil to pass through the Persian Gulf. Oil will leave neither through the Strait of Hormuz nor through the Persian Gulf,” he added. Washington has been pressing governments, including major trading partners of Iran, to support its campaign to restrict Tehran’s access to international markets. China, one of Iran’s key strategic partners, has criticised the US approach, arguing that sanctions would not help resolve the wider Middle East conflict. Meanwhile, the United Arab Emirates on Tuesday (Aug 18) announced that it was suspending all trade and financial transactions with Iran until further notice, marking a significant setback for Tehran’s regional economic ties.

Iran warns countries joining US sanctions they will be treated as enemies, threatening to target their interests. Tehran also warns Trump that any escalation could trigger a wider confrontation.

‘Confrontation like an earthquake’: Iran threatens Trump, warns countries backing US sanctions

Sanctions were once Washington’s economic weapon of last resort. Under Donald Trump, they are becoming a recurring instrument of pressure, against adversaries, trading partners and countries accused of helping them. The latest test is Iran, where Washington is betting that unprecedented economic pressure can succeed where military and diplomatic pressure have struggled. Treasury Secretary Scott Bessent says the United States is preparing measures unlike anything imposed before, while Defence Secretary Pete Hegseth says the naval blockade can be sustained indefinitely.&nbsp;The objective is simple: squeeze Iran until the cost of defiance becomes unbearable. But there is a fundamental weakness in the strategy: economic pain does not automatically produce political surrender. Iran has endured years of sanctions and is now adapting again, even as the pressure damages its economy. Trump’s broader approach increasingly places tariffs and sanctions in the same coercive toolbox: raise the cost of access to American markets, finance and trade, then use that pain to force concessions. But that strategy carries a paradox. The more Washington weaponises economic power, the greater the incentive for others to build alternatives.&nbsp;India is expanding trade relationships and seeking greater resilience in payments and supply chains. Europe, meanwhile, is increasingly looking at ways to reduce its vulnerability to American economic pressure. The point is not that these countries can simply replace the United States. They cannot. The point is that dependence creates leverage, and repeated coercion creates an incentive to reduce that dependence.&nbsp;<a href="https://www.wionews.com/videos/us-iran-war-is-trump-weakening-america-s-most-powerful-economic-weapon-1786727736520/embed">https://www.wionews.com/videos/us-iran-war-is-trump-weakening-america-s-most-powerful-economic-weapon-1786727736520/embed</a>&nbsp;That is where the credibility of sanctions becomes critical. Sanctions work best when governments believe the rules are predictable, the coalition imposing them is durable and the cost of defiance outweighs the cost of compliance. If tariffs and sanctions are deployed too frequently, their shock can diminish, and countries have more reason to find workarounds. There is another problem: America itself pays a price. The Iran conflict has disrupted energy markets and pushed fuel costs higher, creating domestic pressure on Trump to deliver a result Americans can see as a win.&nbsp;So, will sanctions bring relief to the United States? They can hurt adversaries. They can restrict trade, raise costs and squeeze governments. But if they fail to change behaviour while encouraging the world to diversify away from American economic power, Washington may win the battle and weaken its leverage for the next one.&nbsp;The real question is not whether America can impose sanctions. It is whether America can keep weaponising economic power without making the world less dependent on America. Because when a weapon is used too often, the target eventually learns how to dodge the blow. That is the verdict.

Trump’s sanctions strategy against Iran could deliver economic pressure, but repeated coercion may weaken US leverage and accelerate global diversification

Sanctions were once Washington’s economic weapon of last resort. Under Donald Trump, they are becoming a recurring instrument of pressure, against adversaries, trading partners and countries accused of helping them. The latest test is Iran, where Washington is betting that unprecedented economic pressure can succeed where military and diplomatic pressure have struggled. Treasury Secretary Scott Bessent says the United States is preparing measures unlike anything imposed before, while Defence Secretary Pete Hegseth says the naval blockade can be sustained indefinitely. The objective is simple: squeeze Iran until the cost of defiance becomes unbearable. But there is a fundamental weakness in the strategy: economic pain does not automatically produce political surrender. Iran has endured years of sanctions and is now adapting again, even as the pressure damages its economy. Trump’s broader approach increasingly places tariffs and sanctions in the same coercive toolbox: raise the cost of access to American markets, finance and trade, then use that pain to force concessions. But that strategy carries a paradox. The more Washington weaponises economic power, the greater the incentive for others to build alternatives. India is expanding trade relationships and seeking greater resilience in payments and supply chains. Europe, meanwhile, is increasingly looking at ways to reduce its vulnerability to American economic pressure. The point is not that these countries can simply replace the United States. They cannot. The point is that dependence creates leverage, and repeated coercion creates an incentive to reduce that dependence. https://www.wionews.com/videos/us-iran-war-is-trump-weakening-america-s-most-powerful-economic-weapon-1786727736520/embed That is where the credibility of sanctions becomes critical. Sanctions work best when governments believe the rules are predictable, the coalition imposing them is durable and the cost of defiance outweighs the cost of compliance. If tariffs and sanctions are deployed too frequently, their shock can diminish, and countries have more reason to find workarounds. There is another problem: America itself pays a price. The Iran conflict has disrupted energy markets and pushed fuel costs higher, creating domestic pressure on Trump to deliver a result Americans can see as a win. So, will sanctions bring relief to the United States? They can hurt adversaries. They can restrict trade, raise costs and squeeze governments. But if they fail to change behaviour while encouraging the world to diversify away from American economic power, Washington may win the battle and weaken its leverage for the next one. The real question is not whether America can impose sanctions. It is whether America can keep weaponising economic power without making the world less dependent on America. Because when a weapon is used too often, the target eventually learns how to dodge the blow. That is the verdict.

Trump’s expanding sanctions strategy may pressure Iran, but repeated economic coercion could weaken US leverage by pushing countries toward alternatives

The Verdict: America's sanctions are losing their bite

Trade tensions between the United States and China have intensified as Beijing announced a fresh round of sanctions targeting multiple U.S.-linked entities while tightening export controls on its globally dominant drone industry.

The new measures could affect international buyers and disrupt global supply chains for commercial and industrial drones used in logistics, agriculture, surveillance, and defense. Analysts say the tighter export controls may impact pricing, availability, and innovation across global markets.

Meanwhile, Chinese consumers have reacted strongly to recent U.S. actions against certain Chinese food brands, highlighting how geopolitical disputes are increasingly influencing consumer behavior and business decisions.

China Hits U.S. With Fresh Sanctions, Tightens Drone Export Controls Amid Trade Tensions

China has announced a fresh round of sanctions targeting multiple U.S.-linked entities while tightening export controls on its globally dominant drone industry, adding another chapter to the ongoing U.S.-China trade tensions.

Beijing's stricter oversight of drone exports could affect international buyers and disrupt global supply chains across sectors including logistics, agriculture, surveillance, and defense. The move is expected to have implications for pricing, availability, and innovation in commercial drone markets.

Meanwhile, public sentiment in China has intensified following U.S. actions against certain Chinese food brands over alleged forced labor concerns. According to reports, many Chinese consumers have criticized the U.S. measures, highlighting how geopolitical disputes are increasingly influencing consumer behavior.

US-China Trade War Escalates | Beijing Targets American Entities and Drone Exports

The United States has lifted counterterrorism sanctions on two aircraft and three airlines linked to Iran's Islamic Revolutionary Guard Corps, according to an update published on the US Treasury Department's website on Wednesday (July 05).&nbsp;The Treasury also removed sanctions on Iraqi carrier Fly Baghdad and two of its aircraft. However, restrictions remain in place against Basheer Abdulkadhim Alwan al Shabbani, who had previously been identified by Washington as the airline's owner.&nbsp;The United States first imposed sanctions on Fly Baghdad, its aircraft and its owner in January 2024, alleging that the airline had provided support to the IRGC's Quds Force and its proxy groups operating in Iraq, Syria and Lebanon.&nbsp;"FBA (Fly Baghdad Airlines) has demonstrated major changes to their operations such that their listing is no longer warranted," a US Treasury official was quoted as saying by AFP.&nbsp;The official added that the decision "is not indicative of any shift in US policy toward the Government of Iran, the Islamic Revolutionary Guard Corps, Qods Force, any designated terrorist organisation, or any person who supports or acts on behalf of any of these."&nbsp;Also Read: <a href="https://www.wionews.com/world/former-pakistan-minister-facing-uk-sexual-assault-case-elected-to-pok-assembly-1785940424326">Former Pakistan minister facing UK sexual assault case elected to PoK assembly</a>&nbsp;The latest move comes days after President Donald Trump announced the suspension of planned US military strikes on Iran on August 1. He said the decision followed requests from Saudi Arabia, Qatar and the United Arab Emirates, along with diplomatic efforts led by Oman to reopen the Strait of Hormuz fully and address nuclear concerns.&nbsp;Since President Trump launched a war against Iran in late February, Washington has killed senior Iranian leaders and sought to weaken the country's economy through sanctions and military action.<h2>Iran says talks continue</h2>In response, Tehran has largely blocked the Strait of Hormuz, a key global energy route through which about one-fifth of the world's energy supplies normally pass. Iran has also targeted US allies in the region.&nbsp;Meanwhile, Iran's Foreign Ministry spokesperson said the country is exchanging views with Pakistan and Qatar.&nbsp;The spokesperson also said there are no plans for Iran's foreign minister or parliament speaker to travel to Pakistan or Qatar.

The United States lifted counterterrorism sanctions on three IRGC-linked entities, including Fly Baghdad, while insisting the move does not signal any change in its broader policy toward Iran.

The United States has lifted counterterrorism sanctions on two aircraft and three airlines linked to Iran's Islamic Revolutionary Guard Corps, according to an update published on the US Treasury Department's website on Wednesday (July 05). The Treasury also removed sanctions on Iraqi carrier Fly Baghdad and two of its aircraft. However, restrictions remain in place against Basheer Abdulkadhim Alwan al Shabbani, who had previously been identified by Washington as the airline's owner. The United States first imposed sanctions on Fly Baghdad, its aircraft and its owner in January 2024, alleging that the airline had provided support to the IRGC's Quds Force and its proxy groups operating in Iraq, Syria and Lebanon. "FBA (Fly Baghdad Airlines) has demonstrated major changes to their operations such that their listing is no longer warranted," a US Treasury official was quoted as saying by AFP. The official added that the decision "is not indicative of any shift in US policy toward the Government of Iran, the Islamic Revolutionary Guard Corps, Qods Force, any designated terrorist organisation, or any person who supports or acts on behalf of any of these." Also Read: Former Pakistan minister facing UK sexual assault case elected to PoK assembly The latest move comes days after President Donald Trump announced the suspension of planned US military strikes on Iran on August 1. He said the decision followed requests from Saudi Arabia, Qatar and the United Arab Emirates, along with diplomatic efforts led by Oman to reopen the Strait of Hormuz fully and address nuclear concerns. Since President Trump launched a war against Iran in late February, Washington has killed senior Iranian leaders and sought to weaken the country's economy through sanctions and military action. Iran says talks continue In response, Tehran has largely blocked the Strait of Hormuz, a key global energy route through which about one-fifth of the world's energy supplies normally pass. Iran has also targeted US allies in the region. Meanwhile, Iran's Foreign Ministry spokesperson said the country is exchanging views with Pakistan and Qatar. The spokesperson also said there are no plans for Iran's foreign minister or parliament speaker to travel to Pakistan or Qatar.

The United States lifted counterterrorism sanctions on three IRGC-linked entities, including Fly Baghdad, while insisting the move does not signal any change in its broader policy toward Iran.

US-Iran truce on cards? Washington lifts sanctions on three IRGC linked entities

President Donald Trump's economic strategy is facing fresh scrutiny as his administration continues using tariffs and sanctions to pressure trading partners and geopolitical rivals.

New tariffs of up to 12.5% on imports from 60 countries are now facing legal challenges, with multiple US states arguing that the administration exceeded its authority. Economists also suggest that American businesses and consumers—not foreign exporters—are paying much of the cost through higher prices.

At the same time, US sanctions on Russia have pushed Moscow to expand alternative payment systems, shadow shipping networks, and trade partnerships with countries such as China and India.

Trump's Tariffs & Sanctions Under Fire | Are US Economic Pressure Tactics Failing?

The United States has reimposed its naval blockade on Iranian ports following the collapse of peace talks, but Iran's oil exports continue through a secretive network known as the "shadow fleet."

This network consists of hundreds of aging oil tankers that operate outside traditional shipping systems, helping Tehran continue its energy trade despite years of U.S. sanctions. These vessels often disable tracking systems, change identities, use foreign registrations, and conduct ship-to-ship oil transfers to hide their origins.

While Washington's sanctions target companies, banks, and shipping firms involved in Iranian crude trade, Iran has built a parallel export system that keeps its oil flowing to international buyers, especially China.

Iran's Ships Hide Identities to Evade U.S. Sanctions & Tracking | The West Asia Post 

The United States has issued new sanctions against Babak Zanjani, an infamous Iranian billionaire who is now allegedly helping Iran avoid previous sanctions and fund the Islamic Revolutionary Guard Corps.&nbsp;“Today’s action targets four individuals and nine entities tied to Zanjani’s operations,” said Tommy Pigott, a spokesperson for the US State Department, in a press release.&nbsp;&nbsp;“Zanjani’s re-emergence as a regime-linked financier — despite previously receiving a death sentence in Iran for embezzlement — demonstrates the lengths to which Iranian state-affiliated elites will go to preserve access to the international financial system so that they can enrich themselves, even as they mismanage the Iranian economy,” Pigott added.&nbsp;Also Read: <a href="https://www.wionews.com/world/iran-flew-irgc-men-advisers-and-military-gear-to-yemen-to-bolster-houthis-for-red-sea-blockade-sources-1784820749435">Iran flew IRGC men, advisers and military gear to Yemen, bolstered Houthis for Red Sea blockade: Sources</a>&nbsp;According to the US Treasury Department, Zanjani was sentenced to death for allegedly embezzling millions from the National Iranian Oil Company, but his sentence was commuted in 2024, and then last year, he emerged as a major backer of the regime.&nbsp;“The Iranian regime continues to pay a steep economic price for its reckless behaviour, with the Rial plunging to another record low and inflation up massively,” Treasury Secretary Scott Bessent said in a statement.&nbsp;&nbsp;Under President Trump’s leadership, the US Treasury will continue cutting off economic access for corrupt Iranian regime elites, along with their financiers and facilitators, he added.&nbsp;Also Read: <a href="https://www.wionews.com/world/trump-says-he-s-mulling-a-massive-bigger-than-ever-before-attack-on-iran-1784828958067">Trump says he’s mulling ‘a massive, bigger than ever before’ attack on Iran</a>&nbsp;The sanctions target Zanjani’s Dot One conglomerate, which the US asserts is involved in everything from telecommunications and transportation to airlines and digital assets, like cryptocurrency.&nbsp;&nbsp;<h2>EU sanctions Iranian judges, hacker heading cyber group</h2>&nbsp;The European Union on Friday announced sanctions on five Iranian judges, as well as a leading cyber group figure, for human rights offenses.The European Union’s top diplomat, Kaja Kallas, said that though the world’s focus is on the Middle East conflict, Iran’s repression against its own people cannot be overlooked.&nbsp;“While the world’s attention is on the war in the Middle East, we can’t lose sight of Iran’s repression against its own people,” Kallas said in a post on X.&nbsp;Also Read: <a href="https://www.wionews.com/world/terror-attack-on-khyber-pakhtunkhwa-checkpost-kills-15-including-12-pakistani-soldiers-1784902212890">Terror attack on Khyber Pakhtunkhwa checkpost kills 15, including 12 Pakistani soldiers</a>&nbsp;The European Council said in a statement that it was including five judges of Iran’s regional Revolutionary courts who have presided over trials targeting religious minorities and political dissidents on the basis of vaguely defined national security and religious charges.&nbsp;&nbsp;“They have imposed death sentences and long prison sentences, flogging, fines or supplementary punishments on political dissidents and human rights activists,” the statement added.&nbsp;The council further said that it was also targeting an Iranian hacker and computer engineer named Nima Salehi, who is the founder and a leading figure within the ‘Ashiyane’ cyber group, which cooperates closely with the EU-listed Cyber Police (FATA) and the Islamic Revolutionary Guard Corps (IRGC) and is responsible for intensive cyber-attacks on both domestic opponents and reformists and foreign institutions, thereby assisting the regime’s crackdown against the opposition.

According to the US Treasury Department, Iranian billionaire Babak Zanjani was sentenced to death for allegedly embezzling millions from the National Iranian Oil Company, but his sentence was commuted in 2024, and then last year, he emerged as a major backer of the regime.

The United States has issued new sanctions against Babak Zanjani, an infamous Iranian billionaire who is now allegedly helping Iran avoid previous sanctions and fund the Islamic Revolutionary Guard Corps. “Today’s action targets four individuals and nine entities tied to Zanjani’s operations,” said Tommy Pigott, a spokesperson for the US State Department, in a press release. “Zanjani’s re-emergence as a regime-linked financier — despite previously receiving a death sentence in Iran for embezzlement — demonstrates the lengths to which Iranian state-affiliated elites will go to preserve access to the international financial system so that they can enrich themselves, even as they mismanage the Iranian economy,” Pigott added. Also Read: Iran flew IRGC men, advisers and military gear to Yemen, bolstered Houthis for Red Sea blockade: Sources According to the US Treasury Department, Zanjani was sentenced to death for allegedly embezzling millions from the National Iranian Oil Company, but his sentence was commuted in 2024, and then last year, he emerged as a major backer of the regime. “The Iranian regime continues to pay a steep economic price for its reckless behaviour, with the Rial plunging to another record low and inflation up massively,” Treasury Secretary Scott Bessent said in a statement. Under President Trump’s leadership, the US Treasury will continue cutting off economic access for corrupt Iranian regime elites, along with their financiers and facilitators, he added. Also Read: Trump says he’s mulling ‘a massive, bigger than ever before’ attack on Iran The sanctions target Zanjani’s Dot One conglomerate, which the US asserts is involved in everything from telecommunications and transportation to airlines and digital assets, like cryptocurrency. EU sanctions Iranian judges, hacker heading cyber group The European Union on Friday announced sanctions on five Iranian judges, as well as a leading cyber group figure, for human rights offenses. The European Union’s top diplomat, Kaja Kallas, said that though the world’s focus is on the Middle East conflict, Iran’s repression against its own people cannot be overlooked. “While the world’s attention is on the war in the Middle East, we can’t lose sight of Iran’s repression against its own people,” Kallas said in a post on X. Also Read: Terror attack on Khyber Pakhtunkhwa checkpost kills 15, including 12 Pakistani soldiers The European Council said in a statement that it was including five judges of Iran’s regional Revolutionary courts who have presided over trials targeting religious minorities and political dissidents on the basis of vaguely defined national security and religious charges. “They have imposed death sentences and long prison sentences, flogging, fines or supplementary punishments on political dissidents and human rights activists,” the statement added. The council further said that it was also targeting an Iranian hacker and computer engineer named Nima Salehi, who is the founder and a leading figure within the ‘Ashiyane’ cyber group, which cooperates closely with the EU-listed Cyber Police (FATA) and the Islamic Revolutionary Guard Corps (IRGC) and is responsible for intensive cyber-attacks on both domestic opponents and reformists and foreign institutions, thereby assisting the regime’s crackdown against the opposition.

According to the US Treasury Department, Iranian billionaire Babak Zanjani was sentenced to death for allegedly embezzling millions from the National Iranian Oil Company, but his sentence was commuted in 2024, and then last year, he emerged as a major backer of the regime.

US imposes new sanctions against Iranian billionaire Babak Zanjani for enabling regime

The Trump administration has accused Chinese AI startup Moonshot AI of illegally using Anthropic's proprietary AI technology to develop its latest Kimi K3 model. US officials claim Moonshot AI relied on outputs from Anthropic's Claude model without authorization and even used advanced Nvidia AI chips for training. The allegations have intensified the ongoing US-China technology rivalry, with Washington now considering sanctions and trade restrictions against the company.

China has rejected the accusations, calling them unfounded, while Anthropic has previously alleged that multiple Chinese AI firms violated its terms of service. Watch this report for the latest developments in the escalating global AI race.

Trump Administration accuses Moonshot AI of using Anthropic's AI Technology without authorisation

Brazil’s Supreme Court has delivered a major ruling, convicting former lawmakers linked to efforts to seek U.S. sanctions during legal proceedings involving former President Jair Bolsonaro. The case centres on allegations of foreign lobbying aimed at influencing political and judicial outcomes in Brazil.


Brazil Top Court Convicts Ex-Lawmakers For Seeking US Sanctions 

Brazil's Supreme Court on Tuesday sentenced Eduardo Bolsonaro to four years and two months in prison after finding that he sought support for US sanctions against his own country while legal proceedings against his father were underway.&nbsp;Eduardo Bolsonaro, a former lawmaker and son of former Brazilian president Jair Bolsonaro, was accused of attempting to pressure the court by lobbying the United States administration during his father's coup-related trial.&nbsp;According to prosecutors, Eduardo Bolsonaro approached US authorities in an effort to influence the case involving his father. The office of Brazil's prosecutor general alleged that he encouraged measures against members of the Supreme Court, including sanctions on justices and tariffs targeting Brazilian goods.&nbsp;He will also be barred from holding public office for eight years after completing his sentence, which he may appeal.&nbsp;"It is not the role of a Brazilian federal deputy to lobby abroad against their own country," said Judge Alexandre de Moraes.<h2>Prosecutors accuse Eduardo Bolsonaro of influencing his father's case</h2>The case centred on claims that Eduardo Bolsonaro tried to secure international pressure on Brazilian institutions to benefit his father's legal battle.&nbsp;Also Read: <a href="https://www.wionews.com/world/carney-invites-pm-modi-to-ottawa-india-and-canada-launch-security-information-pact-talks-at-g7-1781642050037">Carney invites PM Modi to Ottawa, India and Canada launch security information pact talks at G7</a>&nbsp;Jair Bolsonaro, the former far-right president of Brazil, is serving a 27-year prison sentence after being convicted of plotting a coup following the 2022 election.&nbsp;Prosecutors argued that Eduardo Bolsonaro's actions amounted to an attempt to interfere with the judicial process by seeking support from foreign authorities.&nbsp;Eduardo Bolsonaro moved to the United States in 2025, months before the trial that led to his father's conviction.&nbsp;Since relocating, he has remained active in efforts to build support for Jair Bolsonaro, particularly among figures linked to the administration of US President Donald Trump.&nbsp;The conviction marks another major development in the legal fallout surrounding Brazil's coup investigation and the Bolsonaro family's ongoing battles with the country's judicial authorities

Prosecutors said Eduardo Bolsonaro was sentenced to four years and two months in prison for lobbying US authorities to influence the case against former Brazilian president Jair Bolsonaro.

Brazil's Supreme Court on Tuesday sentenced Eduardo Bolsonaro to four years and two months in prison after finding that he sought support for US sanctions against his own country while legal proceedings against his father were underway. Eduardo Bolsonaro, a former lawmaker and son of former Brazilian president Jair Bolsonaro, was accused of attempting to pressure the court by lobbying the United States administration during his father's coup-related trial. According to prosecutors, Eduardo Bolsonaro approached US authorities in an effort to influence the case involving his father. The office of Brazil's prosecutor general alleged that he encouraged measures against members of the Supreme Court, including sanctions on justices and tariffs targeting Brazilian goods. He will also be barred from holding public office for eight years after completing his sentence, which he may appeal. "It is not the role of a Brazilian federal deputy to lobby abroad against their own country," said Judge Alexandre de Moraes. Prosecutors accuse Eduardo Bolsonaro of influencing his father's case The case centred on claims that Eduardo Bolsonaro tried to secure international pressure on Brazilian institutions to benefit his father's legal battle. Also Read: Carney invites PM Modi to Ottawa, India and Canada launch security information pact talks at G7 Jair Bolsonaro, the former far-right president of Brazil, is serving a 27-year prison sentence after being convicted of plotting a coup following the 2022 election. Prosecutors argued that Eduardo Bolsonaro's actions amounted to an attempt to interfere with the judicial process by seeking support from foreign authorities. Eduardo Bolsonaro moved to the United States in 2025, months before the trial that led to his father's conviction. Since relocating, he has remained active in efforts to build support for Jair Bolsonaro, particularly among figures linked to the administration of US President Donald Trump. The conviction marks another major development in the legal fallout surrounding Brazil's coup investigation and the Bolsonaro family's ongoing battles with the country's judicial authorities

Prosecutors said Eduardo Bolsonaro was sentenced to four years and two months in prison for lobbying US authorities to influence the case against former Brazilian president Jair Bolsonaro.

Bolsonaro's son sentenced for lobbying US to impose sanctions on Brazil during father's coup trial

Cuban President Miguel Diaz-Canel on Thursday (Jun 4) slammed the “aggressiveness and perversity” of the United States after US President Donald Trump’s administration announced new sanctions on him and some of his immediate family, alongside members of the Castro family. This comes as Washington ramps up pressure on its communist-led neighbour."The aggressiveness and perversity of the Yankee government will clash with our decision to confront the worst scenarios and resist the imperialist onslaught," Diaz-Canel wrote on X, adding that the sanctions "strengthen the blockade and scenario of conflict between Cuba and the United States."Among those targeted by the US sanctions were the son and a grandson of Raul Castro. While he no longer holds an official position, the former president remains a key power-broker on the island.While Cuba has been under a US trade embargo since 1962, Washington has intensified pressure by expanding sanctions against the island’s leadership, including Cuban President Miguel Díaz-Canel. The Trump administration argues that Cuba’s communist government poses a threat to US national security and has imposed measures targeting senior officials, members of the Castro family, and key state-controlled entities.Trump has also tightened restrictions on Cuba’s fuel supplies, worsening an already severe economic and energy crisis. In response, Díaz-Canel accused Washington of strengthening the blockade and escalating tensions between the two countries, while Cuban Foreign Minister Bruno Rodríguez Parrilla condemned the sanctions as hostile and vowed resistance.The fuel shortages have severely impacted daily life across Cuba. Frequent power outages lasting up to 22 hours, transportation disruptions, and shortages of food, medicine, and clean water have left the country increasingly dependent on foreign aid and imports. Additional US restrictions have also disrupted financial transactions and tourism, further isolating the island economically.The humanitarian situation has raised international concern. As Cuba enters the Caribbean hurricane season while still recovering from previous storm damage, the United Nations warned that the combination of economic hardship, infrastructure failures, and natural disaster risks could create a major humanitarian emergency.

Cuban President Miguel Diaz-Canel condemned new U.S. sanctions imposed by the administration of Donald Trump, calling them aggressive and hostile, and vowed Cuba would resist US pressure.

Cuban President Miguel Diaz-Canel on Thursday (Jun 4) slammed the “aggressiveness and perversity” of the United States after US President Donald Trump’s administration announced new sanctions on him and some of his immediate family, alongside members of the Castro family. This comes as Washington ramps up pressure on its communist-led neighbour. "The aggressiveness and perversity of the Yankee government will clash with our decision to confront the worst scenarios and resist the imperialist onslaught," Diaz-Canel wrote on X, adding that the sanctions "strengthen the blockade and scenario of conflict between Cuba and the United States." Among those targeted by the US sanctions were the son and a grandson of Raul Castro. While he no longer holds an official position, the former president remains a key power-broker on the island. While Cuba has been under a US trade embargo since 1962, Washington has intensified pressure by expanding sanctions against the island’s leadership, including Cuban President Miguel Díaz-Canel. The Trump administration argues that Cuba’s communist government poses a threat to US national security and has imposed measures targeting senior officials, members of the Castro family, and key state-controlled entities. Trump has also tightened restrictions on Cuba’s fuel supplies, worsening an already severe economic and energy crisis. In response, Díaz-Canel accused Washington of strengthening the blockade and escalating tensions between the two countries, while Cuban Foreign Minister Bruno Rodríguez Parrilla condemned the sanctions as hostile and vowed resistance. The fuel shortages have severely impacted daily life across Cuba. Frequent power outages lasting up to 22 hours, transportation disruptions, and shortages of food, medicine, and clean water have left the country increasingly dependent on foreign aid and imports. Additional US restrictions have also disrupted financial transactions and tourism, further isolating the island economically. The humanitarian situation has raised international concern. As Cuba enters the Caribbean hurricane season while still recovering from previous storm damage, the United Nations warned that the combination of economic hardship, infrastructure failures, and natural disaster risks could create a major humanitarian emergency.

Cuban President Miguel Diaz-Canel condemned new U.S. sanctions imposed by the administration of Donald Trump, calling them aggressive and hostile, and vowed Cuba would resist US pressure.

‘Aggressive and perverse’: Cuban President Miguel Diaz-Canel slams new US sanctions

The United States has imposed sanctions on Nobitex, Iran's largest cryptocurrency exchange, in a move that significantly expands Washington's efforts to disrupt Tehran's financial networks and its ability to circumvent Western sanctions. The action, announced by the US Treasury Department on Tuesday, accuses Nobitex of facilitating transactions for the Iranian government, the Central Bank of Iran and the Islamic Revolutionary Guard Corps (IRGC), a powerful military force that has long been subject to US sanctions.&nbsp;The sanctions follow a Reuters investigation published in May, which found that Nobitex had become a key component of a parallel financial system processing hundreds of millions of dollars for Iranian state-linked institutions. It was also reported that the platform continued processing transactions during government-imposed internet shutdowns in Iran. "While Iran's economy is in free fall, the regime has chosen to co-opt digital asset technologies for its own corrupt agenda, including evading sanctions and transferring wealth out of the country," US Treasury Secretary Scott Bessent said in a statement.&nbsp;ALSO READ: <a href="https://www.wionews.com/india-news/single-exit-sealed-windows-illegal-expansion-inside-the-chain-of-failures-behind-delhi-s-malviya-nagar-fire-that-killed-21-1780476775102">'Single exit, sealed windows, illegal expansion': Inside the chain of failures behind Delhi's Malviya Nagar fire that killed 21</a>&nbsp;<h2>Reuters Investigation Put Nobitex Under the Spotlight</h2>&nbsp;Nobitex emerged as a central hub for digital asset transactions linked to Iran's sanctioned entities, including the IRGC and the country's central bank. The Treasury said, “Nobitex has provided significant support to the regime, processing more than 50 percent of all Iranian digital asset inflows in 2025 and facilitating payments tied to Iran’s terrorist activities, sanctions evasion efforts, and Islamic Revolutionary Guard Corps (IRGC)-linked transactions, including activity associated with IRGC-affiliated ransomware actors.&nbsp; Nobitex also helped the Central Bank of Iran access hundreds of millions of dollars in stablecoins used to prop up the plummeting value of the Iranian rial, while enabling regime insiders to access international digital asset exchanges and evade sanctions across multiple jurisdictions.”&nbsp;&nbsp;The sanctions also target Nobitex chief executive Amir Hossein Rad and two brothers from the influential Kharrazi family, Seyed Mohammad Ali Aghamir Mohammad Ali and Seyed Mohammad Aghamir Mohammad Ali, whom US authorities say exercised control over the exchange. The exchange was founded in 2018 by the brothers, who used the family surname Aghamir in public records. They belong to the influential Kharrazi family, which has held senior religious and political positions across Iran’s Islamic Republic. Reports indicate the dynasty is connected by marriage to all three supreme leaders, embedding it within the country’s ruling establishment&nbsp;ALSO READ: <a href="https://www.wionews.com/science/which-came-first-the-black-hole-or-the-galaxy-webb-discovery-questions-a-key-theory-of-galaxy-formation-1780150896705">Which came first—the black hole or the galaxy? Webb discovery questions a key theory of galaxy formation</a>&nbsp;<h2>Wider Crypto Sanctions Campaign</h2>The Treasury's action extended beyond Nobitex. Washington also sanctioned three other Iran-based cryptocurrency exchanges, Bitpin, Ramzinex and Wallex, alongside four Iranian nationals. The Treasury warned that foreign financial institutions and individuals could face sanctions if they conduct certain transactions with the designated exchanges.Nobitex has denied direct government connections and previously told Reuters it did not assist the Iranian state. The company said any illicit transactions conducted through its platform occurred without the knowledge or approval of its management.&nbsp;The sanctions require all property and assets belonging to the designated individuals or entities that are located in the United States, or held by US persons, to be frozen and reported to the US Treasury's Office of Foreign Assets Control (OFAC). The restrictions also extend to any company owned 50 per cent or more, directly or indirectly, by sanctioned persons. Unless specifically authorised by OFAC, US individuals and businesses are generally prohibited from conducting any transactions involving the property or financial interests of those placed under sanctions.&nbsp;

The Treasury said the exchange had provided "significant support" to the Iranian government and facilitated a "significant number" of transactions involving the IRGC and Iran's banking system.

The United States has imposed sanctions on Nobitex, Iran's largest cryptocurrency exchange, in a move that significantly expands Washington's efforts to disrupt Tehran's financial networks and its ability to circumvent Western sanctions. The action, announced by the US Treasury Department on Tuesday, accuses Nobitex of facilitating transactions for the Iranian government, the Central Bank of Iran and the Islamic Revolutionary Guard Corps (IRGC), a powerful military force that has long been subject to US sanctions. The sanctions follow a Reuters investigation published in May, which found that Nobitex had become a key component of a parallel financial system processing hundreds of millions of dollars for Iranian state-linked institutions. It was also reported that the platform continued processing transactions during government-imposed internet shutdowns in Iran. "While Iran's economy is in free fall, the regime has chosen to co-opt digital asset technologies for its own corrupt agenda, including evading sanctions and transferring wealth out of the country," US Treasury Secretary Scott Bessent said in a statement. ALSO READ: 'Single exit, sealed windows, illegal expansion': Inside the chain of failures behind Delhi's Malviya Nagar fire that killed 21 Reuters Investigation Put Nobitex Under the Spotlight Nobitex emerged as a central hub for digital asset transactions linked to Iran's sanctioned entities, including the IRGC and the country's central bank. The Treasury said, “Nobitex has provided significant support to the regime, processing more than 50 percent of all Iranian digital asset inflows in 2025 and facilitating payments tied to Iran’s terrorist activities, sanctions evasion efforts, and Islamic Revolutionary Guard Corps (IRGC)-linked transactions, including activity associated with IRGC-affiliated ransomware actors. Nobitex also helped the Central Bank of Iran access hundreds of millions of dollars in stablecoins used to prop up the plummeting value of the Iranian rial, while enabling regime insiders to access international digital asset exchanges and evade sanctions across multiple jurisdictions.” The sanctions also target Nobitex chief executive Amir Hossein Rad and two brothers from the influential Kharrazi family, Seyed Mohammad Ali Aghamir Mohammad Ali and Seyed Mohammad Aghamir Mohammad Ali, whom US authorities say exercised control over the exchange. The exchange was founded in 2018 by the brothers, who used the family surname Aghamir in public records. They belong to the influential Kharrazi family, which has held senior religious and political positions across Iran’s Islamic Republic. Reports indicate the dynasty is connected by marriage to all three supreme leaders, embedding it within the country’s ruling establishment ALSO READ: Which came first—the black hole or the galaxy? Webb discovery questions a key theory of galaxy formation Wider Crypto Sanctions Campaign The Treasury's action extended beyond Nobitex. Washington also sanctioned three other Iran-based cryptocurrency exchanges, Bitpin, Ramzinex and Wallex, alongside four Iranian nationals. The Treasury warned that foreign financial institutions and individuals could face sanctions if they conduct certain transactions with the designated exchanges. Nobitex has denied direct government connections and previously told Reuters it did not assist the Iranian state. The company said any illicit transactions conducted through its platform occurred without the knowledge or approval of its management. The sanctions require all property and assets belonging to the designated individuals or entities that are located in the United States, or held by US persons, to be frozen and reported to the US Treasury's Office of Foreign Assets Control (OFAC). The restrictions also extend to any company owned 50 per cent or more, directly or indirectly, by sanctioned persons. Unless specifically authorised by OFAC, US individuals and businesses are generally prohibited from conducting any transactions involving the property or financial interests of those placed under sanctions.

The Treasury said the exchange had provided "significant support" to the Iranian government and facilitated a "significant number" of transactions involving the IRGC and Iran's banking system.

US sanctions Iran's largest crypto exchange Nobitex over IRGC ties

The United States on Thursday (May 21) imposed sanctions on nine individuals linked to Hezbollah, accusing them of ‘obstructing the peace process in Lebanon’, as Israeli airstrikes continued in southern Lebanon despite an active ceasefire. “Hezbollah is a terrorist organization and must be fully disarmed,” said Scott Bessent. “Treasury will continue to take action against officials who have infiltrated the Lebanese government and are enabling Hezbollah to wage its senseless campaign of violence against the Lebanese people and obstruct lasting peace.”&nbsp;Backed by Iran, Hezbollah maintains significant political and military influence in Lebanon, including elected members in parliament and a strong support base across the country. The group has strongly opposed recent direct peace negotiations between Lebanese and Israeli officials. Both Washington and Israel have repeatedly demanded Hezbollah’s complete disarmament. Those sanctioned include Hezbollah lawmakers Hassan Fadlallah, Ibrahim al-Moussawi, and Hussein al-Hajj Hassan, along with executive council chief Mohamed Abdel-Mottaleb Fanich.&nbsp;Also Read: <a href="https://www.wionews.com/world/-it-would-be-a-disgrace-if-scotus-allows-that-to-happen-trump-pressures-supreme-court-over-birthright-citizenship-debate-1779390839807">'It would be a disgrace if SCOTUS allows that to happen': Trump pressures Supreme Court over birthright citizenship debate</a>

<blockquote class="twitter-tweet">A stable, secure, and independent Lebanon requires the full disarmament of Hizballah and the restoration of the Lebanese government&#39;s authority over their country&#39;s security. <a href="https://t.co/kUfE4GWkac">https://t.co/kUfE4GWkac</a>&mdash; Tommy Pigott (@statedeptspox) <a href="https://twitter.com/statedeptspox/status/2057527600700883443?ref_src=twsrc%5Etfw">May 21, 2026</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

The United States also sanctioned Mohammad Reza Sheibani, who was declared persona non grata and expelled from Lebanon in March. Additional sanctions targeted Ahmad Asaad Baalbaki and Ali Ahmad Safawi from Hezbollah ally Amal, as well as Lebanese military officers Brigadier-General Khattar Nasser Eldin and Colonel Samir Hamadi. In a separate statement, the US State Department announced a reward of up to $10 million ‘for information leading to the disruption of the financial mechanisms of Hezbollah’.&nbsp;Meanwhile, Lebanon reported that an Israeli strike damaged a hospital in the country’s south, where clashes between Israeli forces and Hezbollah fighters have continued despite a ceasefire announced on April 17. Since the beginning of the US-Israel conflict involving Iran, Israeli troops have entered and occupied parts of southern Lebanon, operating in areas extending nearly 10 kilometres north of the border.&nbsp;<a href="https://www.wionews.com/videos/mojtaba-khamenei-rejects-key-us-demand-1779383756931/embed">https://www.wionews.com/videos/mojtaba-khamenei-rejects-key-us-demand-1779383756931/embed</a>&nbsp;According to Lebanese authorities, Israeli attacks have killed more than 2,900 people in Lebanon since the conflict escalated, including over 400 deaths after the ceasefire took effect. Last week, the truce was extended for another 45 days following a third round of direct negotiations between Lebanese and Israeli representatives in Washington.

The US sanctions Hezbollah-linked officials accused of obstructing peace in Lebanon, as Israeli strikes continue despite a ceasefire

The United States on Thursday (May 21) imposed sanctions on nine individuals linked to Hezbollah, accusing them of ‘obstructing the peace process in Lebanon’, as Israeli airstrikes continued in southern Lebanon despite an active ceasefire. “Hezbollah is a terrorist organization and must be fully disarmed,” said Scott Bessent. “Treasury will continue to take action against officials who have infiltrated the Lebanese government and are enabling Hezbollah to wage its senseless campaign of violence against the Lebanese people and obstruct lasting peace.” Backed by Iran, Hezbollah maintains significant political and military influence in Lebanon, including elected members in parliament and a strong support base across the country. The group has strongly opposed recent direct peace negotiations between Lebanese and Israeli officials. Both Washington and Israel have repeatedly demanded Hezbollah’s complete disarmament. Those sanctioned include Hezbollah lawmakers Hassan Fadlallah, Ibrahim al-Moussawi, and Hussein al-Hajj Hassan, along with executive council chief Mohamed Abdel-Mottaleb Fanich. Also Read: 'It would be a disgrace if SCOTUS allows that to happen': Trump pressures Supreme Court over birthright citizenship debate

US sanctions Hezbollah-linked figures over Lebanon peace efforts as Israeli strikes continue despite an extended ceasefire

'Hezbollah is a terrorist organisation': US sanctions Hezbollah-linked individuals as Israel strikes continue in Lebanon

China has activated its 2021 blocking regulations in response to renewed US sanctions, escalating economic and legal tensions between the two countries. The move is aimed at countering foreign restrictions and protecting Chinese firms from external pressures. The development signals further strain in US–China trade and geopolitical relations.


China Activates 2021 Blocking Rules Against US Sanctions 

The United States has frozen $344 million in cryptocurrency assets linked to Iran, Treasury Secretary Scott Bessent said on Friday (April 24), as Washington intensifies pressure on Tehran amid energy supply disruptions tied to conflict in the Middle East. The Treasury Department "will continue to systematically degrade Tehran's ability to generate, move, and repatriate funds," Bessent vowed in a statement on X.&nbsp;He added that the department imposed sanctions on "multiple wallets tied to Iran," leading to the freeze of funds. The move comes as US envoys Steve Witkoff and Jared Kushner are set to travel to Pakistan on Saturday for a new round of talks with Iran aimed at ending the conflict.&nbsp;Also Read: <a href="https://www.wionews.com/world/trump-one-little-half-sentence-and-ridiculous-supreme-court-ruling-on-tariffs-could-have-saved-us-159-billion-1777058211529">Trump: 'One little half sentence' and ridiculous Supreme Court ruling on tariffs could have saved US $159 billion</a>

<blockquote class="twitter-tweet">Under Economic Fury, <a href="https://twitter.com/USTreasury?ref_src=twsrc%5Etfw">@USTreasury</a> will continue to systematically degrade Tehran’s ability to generate, move, and repatriate funds. Treasury’s Office of Foreign Assets Control is sanctioning multiple wallets tied to Iran — resulting in the freeze of $344 million in…&mdash; Treasury Secretary Scott Bessent (@SecScottBessent) <a href="https://twitter.com/SecScottBessent/status/2047741124853502012?ref_src=twsrc%5Etfw">April 24, 2026</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

<h2>US tightens pressure on Iran, sanctions Chinese oil refinery and 40 shipping companies</h2>Meanwhile, President Donald Trump’s administration has imposed economic sanctions on a major China-based oil refinery, along with around 40 shipping companies and tankers accused of transporting Iranian oil. The move, announced on Friday and first reported by news agency The Associated Press, follows through on Trump’s warning to apply secondary sanctions on entities conducting business with Iran. It forms part of a broader campaign to curb Tehran’s primary revenue stream, its oil exports.&nbsp;<a href="https://www.wionews.com/videos/pakistan-s-terror-links-exposed-fresh-images-fuel-claims-of-terror-nexus-1777051374261/embed">https://www.wionews.com/videos/pakistan-s-terror-links-exposed-fresh-images-fuel-claims-of-terror-nexus-1777051374261/embed</a>&nbsp;At the same time, the US has enforced a physical blockade on the Strait of Hormuz, a critical route for global energy supplies. These sanctions, which sever access to the US financial system and penalize those engaging with the targeted entities, come weeks before a planned meeting between Trump and Xi Jinping in China.&nbsp;Disclaimer: WION takes utmost care to accurately and responsibly report ongoing conflicts in West Asia involving Israel, Iran, the US, Gulf nations, and non-state actors like Hezbollah, Hamas, Houthis, Islamic State, and others. Claims and counterclaims, disinformation and misinformation are being made online and offline. Given this context, WION cannot independently verify the authenticity of all statements, social media posts, photos, and videos.

The US freezes $344M in Iran-linked crypto and expands oil sanctions, escalating pressure on Tehran ahead of new diplomatic talks

The United States has frozen $344 million in cryptocurrency assets linked to Iran, Treasury Secretary Scott Bessent said on Friday (April 24), as Washington intensifies pressure on Tehran amid energy supply disruptions tied to conflict in the Middle East. The Treasury Department "will continue to systematically degrade Tehran's ability to generate, move, and repatriate funds," Bessent vowed in a statement on X. He added that the department imposed sanctions on "multiple wallets tied to Iran," leading to the freeze of funds. The move comes as US envoys Steve Witkoff and Jared Kushner are set to travel to Pakistan on Saturday for a new round of talks with Iran aimed at ending the conflict. Also Read: Trump: 'One little half sentence' and ridiculous Supreme Court ruling on tariffs could have saved US $159 billion

US freezes $344 million in crypto tied to Iran, expands sanctions on oil trade as tensions rise, and new diplomatic talks are set to begin

US freezes $344 million in Iran-linked cryptocurrency amid energy supply disruptions: Bessent

India will continue to purchase Russian crude oil and Liquefied Petroleum Gas (LPG) following the expiration of the 30-day sanction waiver from the US on April 11, 2026. According to a Mint report, which cites unnamed official sources, India's energy import strategy is a sovereign decision and does not depend on US sanctions. While the US has decided not to renew the sanctions waiver, Indian refineries plan to continue with their previous procurement policy of sourcing energy from non-sanction entities and vehicles.The 30-day sanction waiver for purchasing Iranian oil is also coming to an end. The US Treasury Department, in a social media post on the platform X, announced that it will be moving with “economic fury". It also announced that the administration is considering further secondary sanctions against any country that is considering support for Iran's activities. However, it did not specify Russian oil and quietly allowed it to expire.&nbsp;The official cited by Mint suggests that the sanction waiver is a US prerogative and does not determine India's import strategy. “Efforts are on for further LPG purchases from Russia. Also, import of both crude and LPG is likely to continue from non-sanctioned entities,” said the official as quoted by Mint.Also Read: <a href="https://www.wionews.com/world/iran-strait-of-hormuz-oman-safe-passage-oil-crisis-1776346305818">Iran proposes safe passage via Oman side of Strait of Hormuz</a><h2>What is the current status of Russian oil?</h2>According to the Mint report, Indian refineries are already renegotiating future cargoes after securing 800,000 tonnes of LPG supplies from Australia, Russia and the US. According to global energy and maritime intelligence firms, most notably Kpler and Vortexa, in March 2026, imports from Russia averaged 1.98–2.06 million barrels per day, the highest level since mid-2023. Russian crude accounted for 35.9 per cent of India’s total crude imports in 2023-24 and 35.8 per cent in 2024-25. India was the second-largest buyer of Russian fossil fuels in March after China, importing Russian hydrocarbons worth 5.8 billion euros.However, the Indian official maintains that the number of Russian shipments contracted remains limited and is yet to reach India. “Even now, the quantum of import (from Russia) tied up is not very significant, and talks are on for more LPG supplies,” said the official to Mint.&nbsp;“The biggest shift was in state-owned refineries’ imports from Russia, which saw a massive 148% increase, presumably due to Russian barrels being more available in the spot market, which serves as their primary source of imports,” reported Mint, citing a Crea report.<h2>What are the major sources of Indian energy as the West Asia conflict continues?</h2>In this scenario, India plans to continue to buy energy, particularly LPG, from every possible source. “The US will be the primary source for LPG till West Asia supplies don't pick up. And regarding crude, the waiver did help, but imports from clean, non-sanctioned entities will continue as was the case earlier,” said an executive at an oil refining company.&nbsp;The Indian government has maintained that it sources energy from multiple sources based on commercial viability. “We have been buying oil from diversified sources,” said EAM spokesperson Randhir Jaiswal, as cited by the Mint. Indian Petroleum Secretrary Neeraj Mittal said that India procures crude from 41 countries compared with 27 earlier. LNG imports currently come from 30 countries compared to six previously, while LPG is sourced from 16 countries compared to 10 earlier.&nbsp;&nbsp;<h2>&nbsp;</h2>

India will continue importing Russian crude and LPG despite the end of the US sanctions waiver, citing energy security, sovreignity and diversified sourcing strategy.

India will continue to purchase Russian crude oil and Liquefied Petroleum Gas (LPG) following the expiration of the 30-day sanction waiver from the US on April 11, 2026. According to a Mint report, which cites unnamed official sources, India's energy import strategy is a sovereign decision and does not depend on US sanctions. While the US has decided not to renew the sanctions waiver, Indian refineries plan to continue with their previous procurement policy of sourcing energy from non-sanction entities and vehicles. The 30-day sanction waiver for purchasing Iranian oil is also coming to an end. The US Treasury Department, in a social media post on the platform X, announced that it will be moving with “economic fury". It also announced that the administration is considering further secondary sanctions against any country that is considering support for Iran's activities. However, it did not specify Russian oil and quietly allowed it to expire. The official cited by Mint suggests that the sanction waiver is a US prerogative and does not determine India's import strategy. “Efforts are on for further LPG purchases from Russia. Also, import of both crude and LPG is likely to continue from non-sanctioned entities,” said the official as quoted by Mint. Also Read: Iran proposes safe passage via Oman side of Strait of Hormuz What is the current status of Russian oil? According to the Mint report, Indian refineries are already renegotiating future cargoes after securing 800,000 tonnes of LPG supplies from Australia, Russia and the US. According to global energy and maritime intelligence firms, most notably Kpler and Vortexa, in March 2026, imports from Russia averaged 1.98–2.06 million barrels per day, the highest level since mid-2023. Russian crude accounted for 35.9 per cent of India’s total crude imports in 2023-24 and 35.8 per cent in 2024-25. India was the second-largest buyer of Russian fossil fuels in March after China, importing Russian hydrocarbons worth 5.8 billion euros. However, the Indian official maintains that the number of Russian shipments contracted remains limited and is yet to reach India. “Even now, the quantum of import (from Russia) tied up is not very significant, and talks are on for more LPG supplies,” said the official to Mint. “The biggest shift was in state-owned refineries’ imports from Russia, which saw a massive 148% increase, presumably due to Russian barrels being more available in the spot market, which serves as their primary source of imports,” reported Mint, citing a Crea report. What are the major sources of Indian energy as the West Asia conflict continues? In this scenario, India plans to continue to buy energy, particularly LPG, from every possible source. “The US will be the primary source for LPG till West Asia supplies don't pick up. And regarding crude, the waiver did help, but imports from clean, non-sanctioned entities will continue as was the case earlier,” said an executive at an oil refining company. The Indian government has maintained that it sources energy from multiple sources based on commercial viability. “We have been buying oil from diversified sources,” said EAM spokesperson Randhir Jaiswal, as cited by the Mint. Indian Petroleum Secretrary Neeraj Mittal said that India procures crude from 41 countries compared with 27 earlier. LNG imports currently come from 30 countries compared to six previously, while LPG is sourced from 16 countries compared to 10 earlier.

India will continue importing Russian crude and LPG despite the end of the US sanctions waiver, citing energy security, sovereignty and diversified sourcing strategy.

India to continue buying Russian oil after US sanctions waiver ends

Deputy Foreign Minister Majid Takht-Ravanchi said Iran could agree to dilute highly enriched uranium while refusing zero enrichment, emphasising economic incentives for both sides.

Deputy Foreign Minister Majid Takht-Ravanchi said Iran could agree to dilute highly enriched uranium while refusing zero enrichment, emphasising economic incentives for both sides.

Sanctions on land, aircraft carriers at sea: How US is pushing Iran to the brink

India is preparing to reduce its involvement in the strategic Chabahar port in Iran, as US sanctions concerns force a rethink of the long-term project.&nbsp;MEA spokesperson Randhir Jaiswal pointed out how on 28 October 2025, the US Department of Treasury had issued a letter outlining the guidance on the conditional sanctions waiver valid till 26 April 2026 &amp; Indian side 'remains engaged with the US side in working out this arrangement.&nbsp;US Office of Foreign Assets Control (OFAC) is closely monitoring developments in India's involvement in the Chabahar port. OFAC, the Treasury Department's key sanctions enforcement arm, has kept Chabahar under scrutiny as part of broader American pressure on Tehran.&nbsp;Chabahar, located on Iran's southeastern coast along the Gulf of Oman, has long been viewed in New Delhi as a critical element of its regional connectivity strategy. The port offers India an alternative trade route to Afghanistan and Central Asia, bypassing Pakistan and reducing dependence on traditional pathways.&nbsp;Also Read: <a href="https://www.wionews.com/india-news/bjp-takes-all-in-maharashtra-local-body-polls-mahayuti-alliance-dethrones-thackeray-from-bmc-devendra-fadanvis-1768561208172">BJP takes all in Maharashtra civic body polls; Mahayuti alliance dethrones Thackeray family from BMC</a>&nbsp;India has invested substantially in the facility over the years, including the development and operation of key terminals. US sanctions have remained a persistent obstacle. Washington has repeatedly targeted Iranian infrastructure projects as part of its maximum pressure campaign against Tehran.&nbsp;Delhi has been careful to frame the current phase as a managed, reduced involvement rather than an abrupt exit. As the April 2026 deadline approaches, attention will turn to what form, if any, India's future engagement with Chabahar might take once the current waiver expires.

Chabahar, located on Iran's southeastern coast along the Gulf of Oman, has long been viewed in New Delhi as a critical element of its regional connectivity strategy.

India is preparing to reduce its involvement in the strategic Chabahar port in Iran, as US sanctions concerns force a rethink of the long-term project. MEA spokesperson Randhir Jaiswal pointed out how on 28 October 2025, the US Department of Treasury had issued a letter outlining the guidance on the conditional sanctions waiver valid till 26 April 2026 & Indian side 'remains engaged with the US side in working out this arrangement. US Office of Foreign Assets Control (OFAC) is closely monitoring developments in India's involvement in the Chabahar port. OFAC, the Treasury Department's key sanctions enforcement arm, has kept Chabahar under scrutiny as part of broader American pressure on Tehran. Chabahar, located on Iran's southeastern coast along the Gulf of Oman, has long been viewed in New Delhi as a critical element of its regional connectivity strategy. The port offers India an alternative trade route to Afghanistan and Central Asia, bypassing Pakistan and reducing dependence on traditional pathways. Also Read: BJP takes all in Maharashtra civic body polls; Mahayuti alliance dethrones Thackeray family from BMC India has invested substantially in the facility over the years, including the development and operation of key terminals. US sanctions have remained a persistent obstacle. Washington has repeatedly targeted Iranian infrastructure projects as part of its maximum pressure campaign against Tehran. Delhi has been careful to frame the current phase as a managed, reduced involvement rather than an abrupt exit. As the April 2026 deadline approaches, attention will turn to what form, if any, India's future engagement with Chabahar might take once the current waiver expires.

Chabahar, located on Iran's southeastern coast along the Gulf of Oman, has long been viewed in New Delhi as a critical element of its regional connectivity strategy.

India looks to reduce its involvement in Iran's Chabahar port amid US sanctions pressure

The U.S. Department of the Treasury has imposed sanctions on 32 individuals and entities across multiple countries, including India, China, UAE, Turkey, and Germany, for supporting Iran’s ballistic missile and UAV programs. The sanctions target procurement networks helping Iran access materials and technology for weapons development, posing a threat to regional and global security. 

U.S. Sanctions 32 Entities Over Iran Weapons, Including Indian Firms

The Trump administration on Friday imposed sanctions on Colombian President Gustavo Petro, his family, and a member of his government after levelling accusations of their involvement in the global drug trade, escalating tensions with the leftist leader of one of the closest US allies in South America. The US Treasury Department imposed sanctions against Petro; his wife, Veronica del Socorro Alcocer Garcia; his son, Nicolas Fernando Petro Burgos; and Colombian Interior Minister Armando Alberto Benedetti. Treasury Secretary Scott Bessent said in a statement, “Petro has allowed drug cartels to flourish and refused to stop this activity. President Trump is taking strong action to protect our nation and make clear that we will not tolerate the trafficking of drugs into our nation.”&nbsp;&nbsp;

<blockquote class="twitter-tweet">Since President Gustavo Petro came to power, cocaine production in Colombia has exploded to record high rates, flooding the United States and poisoning Americans. President Petro has allowed drug cartels to flourish and refused to stop this activity. Today, President Trump is… <a href="https://t.co/8ONvbFFPFr">https://t.co/8ONvbFFPFr</a>&mdash; Treasury Secretary Scott Bessent (@SecScottBessent) <a href="https://twitter.com/SecScottBessent/status/1981798717607837863?ref_src=twsrc%5Etfw">October 24, 2025</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

&nbsp;Also Read: <a href="https://www.wionews.com/world/-us-controlled-pak-s-nuclear-arsenal-didn-t-eliminate-aq-khan-on-saudi-pressure-former-cia-agent-1761325963520">‘US controlled Pak’s nuclear arsenal, didn’t eliminate AQ Khan due to Saudi pressure’: Former CIA agent</a><h2>A complete paradox, says Petro</h2>&nbsp;The move marks a new low in relations between the countries. Trump has accused Bogota of being complicit in the illicit drug trade.The rare US imposition of sanctions on a head of state added Petro to a short list that includes the leaders of Russia, Venezuela and North Korea.“Since President Gustavo Petro came to power, cocaine production in Colombia has exploded to the highest rate in decades, flooding the United States and poisoning Americans,” Bessent said.Petro said in a post on X that he had sought to fight drug trafficking for decades.“Fighting drug trafficking for decades, and effectively, has brought me this measure from the government of the very society we helped so much to stop their cocaine consumption. A complete paradox—but not one step back, and never on our knees.”&nbsp;Also Read: <a href="https://www.wionews.com/world/-all-is-not-well-with-the-un-jaishankar-slams-pakistan-over-protecting-terror-outfit-trf-in-unsc-1761318154530">‘All is not well with the UN’: Jaishankar slams Pakistan over protecting terror outfit TRF in UNSC</a><h2>Trump halted halted all funding to Colombia</h2>&nbsp;Trump and Petro have clashed several times since the former took office in January, including in an escalating feud stemming from US military strikes on vessels allegedly transporting drugs in the region.Last weekend, Trump threatened to raise tariffs on Colombia and said on Wednesday that all funding to the country had been halted.&nbsp;Last month, the US added Colombia, the top recipient of American assistance in the region, to a list of nations failing to cooperate in the drug war for the first time in almost 30 years.&nbsp;After Trump accused him of having ties to drug trafficking, Petro on Wednesday said he would resort to the US court system to defend himself.&nbsp;“Against the calumnies that high-ranking officials have hurled at me on US soil, I will defend myself judicially with American lawyers in the US courts,” Petro wrote on X without naming Trump.

The move marks a new low in relations between the countries. Trump has accused Bogota of being complicit in the illicit drug trade. The rare US imposition of sanctions on a head of state added Petro to a short list that includes the leaders of Russia, Venezuela and North Korea.

The Trump administration on Friday imposed sanctions on Colombian President Gustavo Petro, his family, and a member of his government after levelling accusations of their involvement in the global drug trade, escalating tensions with the leftist leader of one of the closest US allies in South America. The US Treasury Department imposed sanctions against Petro; his wife, Veronica del Socorro Alcocer Garcia; his son, Nicolas Fernando Petro Burgos; and Colombian Interior Minister Armando Alberto Benedetti. Treasury Secretary Scott Bessent said in a statement, “Petro has allowed drug cartels to flourish and refused to stop this activity. President Trump is taking strong action to protect our nation and make clear that we will not tolerate the trafficking of drugs into our nation.”

The move marks a new low in relations between the countries. Trump has accused Bogota of being complicit in the illicit drug trade. The rare US imposition of sanctions on a head of state added Petro to a short list that includes the leaders of Russia, Venezuela and North Korea.

US imposes sanctions on Colombian President Petro, his family over drug trade accusations

Russia reacted with outrage on Thursday after the United States sanctioned its two largest oil companies, the first economic penalties slapped on Moscow by President Donald Trump in his second term. The new sanctions earned the wrath of Russian officials and the country’s largely state-controlled media. If anyone “still harboured illusions—here you go,” said the hawkish ex-President Dmitry Medvedev, who serves as the deputy chairman of Russia’s Security Council. “The USA is our adversary, and their loquacious ‘peacemaker’,— meaning Trump — “has now fully taken up the path of war with Russia,” Medvedev wrote in a social media post.&nbsp;“We view this step as purely counterproductive,” added Foreign Ministry spokeswoman Maria Zakharova in a news briefing Thursday. “If the current US administration decides to follow the example of its predecessors, the outcome will be exactly the same: a failure, both politically at home and harmful to global economic stability,” she said.The measures “will not cause any particular difficulties,” she said. “Our country has developed a strong immunity to Western restrictions and will continue to steadily strengthen its economic and energy potential.”&nbsp;Also Read: <a href="https://www.wionews.com/world/king-charles-the-head-of-church-of-england-prays-publicly-with-pope-in-a-500-year-first-1761222338198">King Charles, the head of Church of England, prays publicly with Pope in a 500-year first</a>&nbsp;Experts said it remains to be seen how much damage the new sanctions cause to the Russian economy as Trump aims to pressure Moscow to halt its assault on Ukraine.&nbsp;After cancelling his planned summit with Putin in Budapest, citing a lack of progress in negotiations, Trump took the major step by effectively blacklisting Rosneft and Lukoil. The sanctions’ announcement was welcomed by Kyiv and its European allies, which added their own new raft of sanctions on Russia, which has so far managed to withstand Western sanctions.&nbsp;&nbsp;Trump has often expressed frustration with Putin, accusing him of making positive diplomatic noises and then bombing Ukrainian civilians again, but had till now not taken direct action.This week, he said that meeting the Russian leader would be a “waste of time,” after Russia rejected the American demand that a ceasefire should come before talks.&nbsp;Also Read: <a href="https://www.wionews.com/world/trinidad-and-tobago-plans-to-build-ram-mandir-eyes-role-as-west-s-hindu-heritage-hub-1761226380234">Trinidad and Tobago plans to build Ram Mandir, eyes role as West’s Hindu heritage hub</a>&nbsp;“We cancelled the meeting with President Putin. It just didn’t feel right to me,” Trump said at a White House gathering of reporters. “It didn’t feel like we were going to get to the place we have to get. So I cancelled it, but we’ll do it in the future.” The sanctions drew praise from Ukraine and its supporters.&nbsp;“We waited for this. God bless, it will work. And this is very important,” Zelensky said in Brussels.The Biden administration, along with the European Union and others, had tried to squeeze Russia’s banking and energy sectors, attempting to isolate it from the global market, which caused Russia some pain as its oil and gas revenues declined.&nbsp;Moscow responded by increasing sales to China and India and using its so-called “shadow fleet” of vessels to carry exports off-book.&nbsp;WATCH: Is Jack the Ripper's Identity Finally Known After 137 Years?<a href="https://www.wionews.com/videos/is-jack-the-ripper-s-identity-finally-known-after-137-years-1761220414121/embed">https://www.wionews.com/videos/is-jack-the-ripper-s-identity-finally-known-after-137-years-1761220414121/embed</a>&nbsp;&nbsp;

After cancelling his planned summit with Putin in Budapest, citing a lack of progress in negotiations, Trump took the major step by effectively blacklisting Rosneft and Lukoil. The sanctions’ announcement was welcomed by Kyiv and its European allies.

Russia reacted with outrage on Thursday after the United States sanctioned its two largest oil companies, the first economic penalties slapped on Moscow by President Donald Trump in his second term. The new sanctions earned the wrath of Russian officials and the country’s largely state-controlled media. If anyone “still harboured illusions—here you go,” said the hawkish ex-President Dmitry Medvedev, who serves as the deputy chairman of Russia’s Security Council. “The USA is our adversary, and their loquacious ‘peacemaker’,— meaning Trump — “has now fully taken up the path of war with Russia,” Medvedev wrote in a social media post. “We view this step as purely counterproductive,” added Foreign Ministry spokeswoman Maria Zakharova in a news briefing Thursday. “If the current US administration decides to follow the example of its predecessors, the outcome will be exactly the same: a failure, both politically at home and harmful to global economic stability,” she said. The measures “will not cause any particular difficulties,” she said. “Our country has developed a strong immunity to Western restrictions and will continue to steadily strengthen its economic and energy potential.” Also Read: King Charles, the head of Church of England, prays publicly with Pope in a 500-year first Experts said it remains to be seen how much damage the new sanctions cause to the Russian economy as Trump aims to pressure Moscow to halt its assault on Ukraine. After cancelling his planned summit with Putin in Budapest, citing a lack of progress in negotiations, Trump took the major step by effectively blacklisting Rosneft and Lukoil. The sanctions’ announcement was welcomed by Kyiv and its European allies, which added their own new raft of sanctions on Russia, which has so far managed to withstand Western sanctions. Trump has often expressed frustration with Putin, accusing him of making positive diplomatic noises and then bombing Ukrainian civilians again, but had till now not taken direct action. This week, he said that meeting the Russian leader would be a “waste of time,” after Russia rejected the American demand that a ceasefire should come before talks. Also Read: Trinidad and Tobago plans to build Ram Mandir, eyes role as West’s Hindu heritage hub “We cancelled the meeting with President Putin. It just didn’t feel right to me,” Trump said at a White House gathering of reporters. “It didn’t feel like we were going to get to the place we have to get. So I cancelled it, but we’ll do it in the future.” The sanctions drew praise from Ukraine and its supporters. “We waited for this. God bless, it will work. And this is very important,” Zelensky said in Brussels. The Biden administration, along with the European Union and others, had tried to squeeze Russia’s banking and energy sectors, attempting to isolate it from the global market, which caused Russia some pain as its oil and gas revenues declined. Moscow responded by increasing sales to China and India and using its so-called “shadow fleet” of vessels to carry exports off-book. WATCH: Is Jack the Ripper's Identity Finally Known After 137 Years? https://www.wionews.com/videos/is-jack-the-ripper-s-identity-finally-known-after-137-years-1761220414121/embed

After cancelling his planned summit with Putin in Budapest, citing a lack of progress in negotiations, Trump took the major step by effectively blacklisting Rosneft and Lukoil. The sanctions’ announcement was welcomed by Kyiv and its European allies.

‘Purely counterproductive’: Russia fumes over Trump sanctions on its oil companies

US President Donald Trump on Sunday (Sep 9) said he was ready to impose new sanctions on Moscow. This comes hours after Russia launched its biggest-ever aerial strikes at Ukraine. Speaking outside the White House, Trump was asked if he was prepared to move forward with new sanctions against Russia, to which he responded by saying “yeah, I am”. The US president did not provide any further details on the matter.This comes after US Treasury Secretary Scott Bessent said that Washington was ready to increase pressure on Russia by slapping tariffs on countries that buy Russian oil, including India.“The Russian economy will be in full collapse. And that will bring President (Vladimir) Putin to the table,” Bessent told NBC television.Trump’s remarks suggest he is closer to ramping up sanctions against Russia and its oil buyers over the war in Ukraine. The US president has consistently warned Moscow of further sanctions as the conflict between Russia and Ukraine continues in its fourth year. However, he withheld the actions as the talks seemed to progress toward ending the war.The US president has repeatedly expressed frustration with Russian President Vladimir Putin and Ukrainian President Volodymyr Zelensky for failing to end the war. Before taking office in January, he claimed that he would be able to end the war once he returned to power.World powers have slammed Russia for targeting Kyiv’s cabinet building in the largest air attack since the beginning of the war in Ukraine on early Sunday. Zelensky said that the drone and missile attack killed at least three people and damaged the north, south and east of the country, including the cities of Zaporizhzhia, Kryvyi Rih and Odesa, as well as in the Sumy and Chernihiv regions.The drone strikes also resulted in damage to several high-rise buildings in the Ukrainian capital, said the emergency services. However, Russia has denied targeting civilians in its strikes.The Russian defence ministry said that it struck a plant and a logistics hub in Kyiv, adding that “no strikes were carried out on other targets within the boundaries of Kyiv.”According to the Ukrainian air force, at least 810 drones and 13 missiles were fired from Russia between late Saturday and early Sunday.“Such killings now, when real diplomacy could have already begun long ago, are a deliberate crime and a prolongation of the war,” said Zelensky.&nbsp;

Speaking outside the White House, Trump was asked if he was prepared to move forward with new sanctions against Russia, to which he responded by saying “yeah, I am”.

US President Donald Trump on Sunday (Sep 9) said he was ready to impose new sanctions on Moscow. This comes hours after Russia launched its biggest-ever aerial strikes at Ukraine. Speaking outside the White House, Trump was asked if he was prepared to move forward with new sanctions against Russia, to which he responded by saying “yeah, I am”. The US president did not provide any further details on the matter. This comes after US Treasury Secretary Scott Bessent said that Washington was ready to increase pressure on Russia by slapping tariffs on countries that buy Russian oil, including India. “The Russian economy will be in full collapse. And that will bring President (Vladimir) Putin to the table,” Bessent told NBC television. Trump’s remarks suggest he is closer to ramping up sanctions against Russia and its oil buyers over the war in Ukraine. The US president has consistently warned Moscow of further sanctions as the conflict between Russia and Ukraine continues in its fourth year. However, he withheld the actions as the talks seemed to progress toward ending the war. The US president has repeatedly expressed frustration with Russian President Vladimir Putin and Ukrainian President Volodymyr Zelensky for failing to end the war. Before taking office in January, he claimed that he would be able to end the war once he returned to power. World powers have slammed Russia for targeting Kyiv’s cabinet building in the largest air attack since the beginning of the war in Ukraine on early Sunday. Zelensky said that the drone and missile attack killed at least three people and damaged the north, south and east of the country, including the cities of Zaporizhzhia, Kryvyi Rih and Odesa, as well as in the Sumy and Chernihiv regions. The drone strikes also resulted in damage to several high-rise buildings in the Ukrainian capital, said the emergency services. However, Russia has denied targeting civilians in its strikes. The Russian defence ministry said that it struck a plant and a logistics hub in Kyiv, adding that “no strikes were carried out on other targets within the boundaries of Kyiv.” According to the Ukrainian air force, at least 810 drones and 13 missiles were fired from Russia between late Saturday and early Sunday. “Such killings now, when real diplomacy could have already begun long ago, are a deliberate crime and a prolongation of the war,” said Zelensky.

Speaking outside the White House, Trump was asked if he was prepared to move forward with new sanctions against Russia, to which he responded by saying “yeah, I am”.

Trump to impose sanctions on Moscow? Here’s what US president said after massive Russian attack on Ukraine

The United States has imposed sanctions on at least half a dozen Indian companies for allegedly trading with Iranian petroleum and petrochemicals. The US Department of State on Wednesday (July 30) announced sanctions against multiple firms - including several from India. Those from India include Kanchan Polymers, Alchemical Solutions Pvt Ltd, Ramniklal S Gosalia and Company, Jupiter Dye Chem Pvt Ltd, Global Industrial Chemicals Ltd, and Persistent Petrochem Pvt Ltd. The US Department of State alleged that the Indian firms knowingly engaged in “significant transactions” for the purchase and marketing of Iranian petroleum products, violating American sanctions on Iran.&nbsp;&nbsp;In response, Iran said that the United States is weaponising the economy and using sanctions as tool to “dictate its will on independent nations.” In a post on X by Iranian Embassy in India, it called the US' action as “coercive,” “discriminatory” and “modern form of economic imperialism”, adding that it violates the principles of international law. “Resisting such policies is a stand for a more powerful emerging non Western-led multilateral world order and a stronger Global South,” it added.&nbsp;

<blockquote class="twitter-tweet">The United States continues to weaponize the economy and use <a href="https://twitter.com/hashtag/sanctions?src=hash&amp;ref_src=twsrc%5Etfw">#sanctions</a> as tools to dictate its will on independent nations such as Iran and India and impede their growth and development. These coercive discriminatory actions violate the principles of international law and…&mdash; Iran in India (@Iran_in_India) <a href="https://twitter.com/Iran_in_India/status/1950803842201010610?ref_src=twsrc%5Etfw">July 31, 2025</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

Under the sanctions, all assets of these companies in the United States or controlled by US persons are now frozen. American individuals and companies are prohibited from conducting business with the sanctioned entities. The action also blocks any entity that is 50% or more owned by the sanctioned companies. The sanctions also targeted companies in Turkey, the UAE, China, and Indonesia.

<h2>Indian companies and allegations they face?</h2>The sanctioned Indian companies include some of the country’s major petrochemical traders. The sanctioned companies can petition for removal from the US Treasury’s Specially Designated Nationals list. The US government says the “ultimate goal of sanctions is not to punish, but to bring about a positive change in behaviour. Companies wishing to contest their designation can submit petitions to the Treasury Department’s Office of Foreign Assets Control, according to a fact sheet shared by the US Department of State.&nbsp;<ul><li>Alchemical Solutions Private Limited faces the largest allegations, accused of importing Iranian petrochemical products worth over USD 84 million between January and December 2024.&nbsp;</li><li>Global Industrial Chemicals Limited is alleged to have purchased Iranian petrochemicals, including methanol, valued at over $51 million between July 2024 and January 2025.</li><li>Jupiter Dye Chem Private Limited reportedly imported Iranian products, including toluene worth over $49 million, during the same period.</li><li>Ramniklal S Gosalia and Company is accused of purchasing Iranian petrochemicals worth over $22 million, including methanol and toluene.</li><li>Persistent Petrochem Private Limited allegedly imported approximately $14 million worth of Iranian petrochemicals, particularly methanol, between October and December 2024.&nbsp;</li><li>Kanchan Polymers allegedly imported and purchased over $1.3M worth of Iranian-origin petrochemical products, including polyethylene, from Tanasis trading.</li></ul><h2>US sanctions and tariffs on India</h2>The sanctions come as the US continues its “maximum pressure” campaign against Iran, targeting what it calls the country’s “shadow fleet” of vessels and intermediary companies that help transport Iranian oil and petrochemicals globally. US officials have said that Iran uses revenue from oil and petrochemical exports to fund what Washington describes as “destabilising activities” in the West Asia and support for terrorist groups. It also comes after the Donald Trump administration announced 25 percent tariffs “plus a penalty” for India. Trump also announced an ‘additional penalty’ on India for it for its oil and arms purchases from Russia. While acknowledging India as a “friend,” Trump criticised the country for maintaining excessively high tariffs and what he described as “obnoxious” non-monetary trade barriers, which he claimed have hindered US–India trade for years. He also condemned India’s continued purchase of military equipment and energy from Russia, calling it inappropriate amid ongoing global efforts to halt Russia’s war in Ukraine. In response, India’s government stated it is reviewing the decision and reaffirmed its commitment to negotiating a fair, balanced trade agreement that protects domestic interests. Meanwhile, India has historically maintained trade relationships with Iran, though it has reduced Iranian oil imports significantly since 2019 following previous US sanctions.

The US has sanctioned six Indian firms for allegedly trading Iranian petroleum products, violating US sanctions. Their US assets are frozen, and American entities are barred from dealing with them. Firms in Turkey, the UAE, China, and Indonesia were also targeted.

The United States has imposed sanctions on at least half a dozen Indian companies for allegedly trading with Iranian petroleum and petrochemicals. The US Department of State on Wednesday (July 30) announced sanctions against multiple firms - including several from India. Those from India include Kanchan Polymers, Alchemical Solutions Pvt Ltd, Ramniklal S Gosalia and Company, Jupiter Dye Chem Pvt Ltd, Global Industrial Chemicals Ltd, and Persistent Petrochem Pvt Ltd. The US Department of State alleged that the Indian firms knowingly engaged in “significant transactions” for the purchase and marketing of Iranian petroleum products, violating American sanctions on Iran. In response, Iran said that the United States is weaponising the economy and using sanctions as tool to “dictate its will on independent nations.” In a post on X by Iranian Embassy in India, it called the US' action as “coercive,” “discriminatory” and “modern form of economic imperialism”, adding that it violates the principles of international law. “Resisting such policies is a stand for a more powerful emerging non Western-led multilateral world order and a stronger Global South,” it added.

The US has sanctioned six Indian firms for allegedly trading Iranian petroleum products, violating US sanctions. Their US assets are frozen, and American entities are barred from dealing with them. Firms in Turkey, the UAE, China, and Indonesia were also targeted.

'Not to punish...': US sanctions 6 Indian companies over oil trade with Iran hours after 25% tariff imposition; Tehran calls it 'economic imperialism'

Four India-based firms are among the 22 entities and 13 vessels sanctioned on Monday (Feb 24) by the United States for their alleged involvement in Iran's petroleum and petrochemical industry.
The sanctions follow US President Donald Trump's decision to reinstate his "maximum pressure" policy of sanctions against Tehran.
"Iran continues to rely on a shadowy network of vessels, shippers, and brokers to facilitate its oil sales and fund its destabilising activities," said US Treasury Scott Bessent announcing the designations.
Also read | <a href="https://www.wionews.com/trending/watch-trump-humiliates-macron-subtly-at-white-house-snubs-awkward-handshakes-and-more-8753876">Watch | Trump 'humiliates' Macron: Snubs, tense handshakes and more from White House meet</a>
"The United States will use all our available tools to target all aspects of Iran's oil supply chain, and anyone who deals in Iranian oil exposes themselves to significant sanctions risk," he added.&nbsp;
<h2>Which Indian firms have been sanctioned?</h2>
The sanctions seek to disrupt "efforts by Iran to amass oil revenues to fund terrorists' activities," said the US.
Indian firms named in the sanctions include:
- BSM Marine Limited Liability Partnership, which serves as the commercial manager for a vessel named Yateeka. The company as per The Wire is publically listed as based in Gurugram, Haryana and was incorporated in 2022. It has been sanctioned for "knowingly engaging in a significant transaction for the transport of petroleum from Iran".
Also read | <a href="https://www.wionews.com/world/no-possibility-of-direct-talks-iran-on-high-alert-amid-fears-of-attacks-on-nuclear-sites-by-us-israel-8756336">'No possibility of direct talks': Iran on 'high alert' amid fears of attacks on nuclear sites by US, Israel</a>
- Cosmos Lines Inc, a company based in Thanjavur, Tamil Nadu, has been sanctioned for "knowingly engaging in a significant transaction for the sale or transport of petroleum or petroleum products from Iran."
- One Austinship Management Private Limited, based in Noida, the commercial and ISM manager of the vessel Amak has been listed for "knowingly engaging in a significant transaction for the transport of petroleum from Iran."
- Flux Maritime LLP, which was set up in 2023 and is based out of Navi Mumbai, has also been named in the Office of Foreign Assets Control's sanctions list.
Also read | <a href="https://www.wionews.com/world/eu-steps-up-sanctions-on-russia-to-keep-up-pressure-as-us-prepares-for-talks-8735794">EU steps up sanctions on Russia to keep up &lsquo;pressure&rsquo; as US prepares for talks</a>
In this second batch of sanctions targeting Iran, the Trump administration has also named: Kangan Petro Refinery Company (Iran), Alkonost Maritime DMCC (UAE) [along with its vessels Meng Xin and Phoenix I], Oceanend Shipping Ltd (Seychelles) [and its vessel Asterix], IMS Ltd (Malaysia) [and its oil tanker Chamtang], Violet 1 an Peterpaul, and Octane Energy Group FZCO (UAE).
(With inputs from agencies)

World | India News | Discover how four Indian firms, including BSM Marine and Cosmos Lines, face US sanctions allegedly for engaging in Iran's oil trade.

Four India-based firms are among the 22 entities and 13 vessels sanctioned on Monday (Feb 24) by the United States for their alleged involvement in Iran's petroleum and petrochemical industry. The sanctions follow US President Donald Trump's decision to reinstate his "maximum pressure" policy of sanctions against Tehran. "Iran continues to rely on a shadowy network of vessels, shippers, and brokers to facilitate its oil sales and fund its destabilising activities," said US Treasury Scott Bessent announcing the designations. Also read | Watch | Trump 'humiliates' Macron: Snubs, tense handshakes and more from White House meet "The United States will use all our available tools to target all aspects of Iran's oil supply chain, and anyone who deals in Iranian oil exposes themselves to significant sanctions risk," he added. Which Indian firms have been sanctioned? The sanctions seek to disrupt "efforts by Iran to amass oil revenues to fund terrorists' activities," said the US. Indian firms named in the sanctions include: - BSM Marine Limited Liability Partnership, which serves as the commercial manager for a vessel named Yateeka. The company as per The Wire is publically listed as based in Gurugram, Haryana and was incorporated in 2022. It has been sanctioned for "knowingly engaging in a significant transaction for the transport of petroleum from Iran". Also read | 'No possibility of direct talks': Iran on 'high alert' amid fears of attacks on nuclear sites by US, Israel - Cosmos Lines Inc, a company based in Thanjavur, Tamil Nadu, has been sanctioned for "knowingly engaging in a significant transaction for the sale or transport of petroleum or petroleum products from Iran." - One Austinship Management Private Limited, based in Noida, the commercial and ISM manager of the vessel Amak has been listed for "knowingly engaging in a significant transaction for the transport of petroleum from Iran." - Flux Maritime LLP, which was set up in 2023 and is based out of Navi Mumbai, has also been named in the Office of Foreign Assets Control's sanctions list. Also read | EU steps up sanctions on Russia to keep up ‘pressure’ as US prepares for talks In this second batch of sanctions targeting Iran, the Trump administration has also named: Kangan Petro Refinery Company (Iran), Alkonost Maritime DMCC (UAE) [along with its vessels Meng Xin and Phoenix I], Oceanend Shipping Ltd (Seychelles) [and its vessel Asterix], IMS Ltd (Malaysia) [and its oil tanker Chamtang], Violet 1 an Peterpaul, and Octane Energy Group FZCO (UAE). (With inputs from agencies)

Four Indian firms among those sanctioned by Trump administration for 'knowingly engaging' in Iran's oil trade

Former Brazil president Jair Bolsonaro appears to be searching for a silver lining for himself in Donald Trump’s victory in the 2024 United States presidential elections. Facing serious allegations of plotting a coup in the South American nation following the 2022 election loss, Bolsonaro is now hoping to stage a political comeback.

The Wall Street Journal reported Thursday (Nov 28) that Bolsonaro is hoping for Trump to threaten Brazil with sanctions if courts bar him from running for the top office until 2030 for attacking the country’s voting system.

“Trump is back, and it’s a sign we’ll be back, too,” the US newspaper quoted Bolsonaro&nbsp;as saying.

<h2>The alleged 2022 coup plot</h2>

Bolsonaro’s statement comes just days after Brazil police released a damning report linking the former president to an alleged design to overturn the 2022 election that he lost to his left-wing rival and incumbent&nbsp;President Luiz Inacio Lula da Silva.

The report claimed that Bolsonaro “planned, acted and was directly and effectively aware of the actions of the criminal organisation aiming to launch a coup d’etat and eliminate the democratic rule of law.”

Bolsonaro on the other hand alleges political witch-hunting and denies any wrongdoing.

Also read:&nbsp;<a data-ved="2ahUKEwjsyJbpj4KKAxWylK8BHaYiMgUQxfQBKAB6BAgREAE" href="https://www.wionews.com/world/brazil-police-urge-bolsonaros-indictment-for-2022-coup-plot-778206" jsname="YKoRaf" ping="/url?sa=t&amp;source=web&amp;rct=j&amp;opi=89978449&amp;url=https://www.wionews.com/world/brazil-police-urge-bolsonaros-indictment-for-2022-coup-plot-778206&amp;ved=2ahUKEwjsyJbpj4KKAxWylK8BHaYiMgUQxfQBKAB6BAgREAE">Brazil police urge Bolsonaro`s indictment for 2022 `coup` plot</a>

However, many believe Trump’s victory in the US has turbocharged the right-wing ecosystem in Brazil, with Bolsonaro aspiring to mirror the GOP leader’s poll performance.

Both Trump and Bolsonaro share behavioural traits, and some even dubbed the ex-Brazil president as the “Trump of the Tropics” during his own presidency.

Also read:&nbsp;<a data-ved="2ahUKEwjsyJbpj4KKAxWylK8BHaYiMgUQxfQBKAB6BAgKEAE" href="https://www.wionews.com/world/brazils-president-lula-reveals-assassination-plot-as-bolsonaro-faces-coup-charges-778319" jsname="YKoRaf" ping="/url?sa=t&amp;source=web&amp;rct=j&amp;opi=89978449&amp;url=https://www.wionews.com/world/brazils-president-lula-reveals-assassination-plot-as-bolsonaro-faces-coup-charges-778319&amp;ved=2ahUKEwjsyJbpj4KKAxWylK8BHaYiMgUQxfQBKAB6BAgKEAE">Brazil’s President Lula reveals assassination plot as Bolsonaro faces coup charges</a>

Just like Trump’s supporters, Bolsonaro’s followers also laid a siege to government buildings in Brazil, including the presidential palace, Congress and the Supreme Court in the capital Brasilia, shortly after his left-wing challenger Lula took office in January 2023. 
 
(With inputs from agencies)

Former Brazil president Jair Bolsonaro appears to be searching for a silver lining for himself in Donald Trump’s victory in the 2024 United States presidential elections.

Former Brazil president Jair Bolsonaro appears to be searching for a silver lining for himself in Donald Trump’s victory in the 2024 United States presidential elections. Facing serious allegations of plotting a coup in the South American nation following the 2022 election loss, Bolsonaro is now hoping to stage a political comeback. The Wall Street Journal reported Thursday (Nov 28) that Bolsonaro is hoping for Trump to threaten Brazil with sanctions if courts bar him from running for the top office until 2030 for attacking the country’s voting system. “Trump is back, and it’s a sign we’ll be back, too,” the US newspaper quoted Bolsonaro as saying. The alleged 2022 coup plot Bolsonaro’s statement comes just days after Brazil police released a damning report linking the former president to an alleged design to overturn the 2022 election that he lost to his left-wing rival and incumbent President Luiz Inacio Lula da Silva. The report claimed that Bolsonaro “planned, acted and was directly and effectively aware of the actions of the criminal organisation aiming to launch a coup d’etat and eliminate the democratic rule of law.” Bolsonaro on the other hand alleges political witch-hunting and denies any wrongdoing. Also read: Brazil police urge Bolsonaro`s indictment for 2022 `coup` plot However, many believe Trump’s victory in the US has turbocharged the right-wing ecosystem in Brazil, with Bolsonaro aspiring to mirror the GOP leader’s poll performance. Both Trump and Bolsonaro share behavioural traits, and some even dubbed the ex-Brazil president as the “Trump of the Tropics” during his own presidency. Also read: Brazil’s President Lula reveals assassination plot as Bolsonaro faces coup charges Just like Trump’s supporters, Bolsonaro’s followers also laid a siege to government buildings in Brazil, including the presidential palace, Congress and the Supreme Court in the capital Brasilia, shortly after his left-wing challenger Lula took office in January 2023. (With inputs from agencies)

Bolsonaro finding own political revival in Trump’s win, hoping for US sanctions on Brazil

Global stocks paused on Wednesday and currencies were mixed as investors worried over the next potential target for U.S. tariffs under President-elect Donald Trump, a day after he pledged new levies on Canada, Mexico and China.

Gold Regains Its Shine: Up Around 0.3% | Asian Stocks Slide on Tariff Woes | WION

The United States imposed sanctions on Tuesday (Oct 15) on what it described as a Lebanon-based sanctions evasion network that funnels millions of dollars to Hezbollah.

The action targeted three individuals linked to Hezbollah's finance arm and four Lebanon-based companies registered to conceal ties to the militant group, according to a Treasury Department statement.

The US&nbsp;also sanctioned three individuals involved in the production and sale of the amphetamine known as captagon, who it said have funded the regime of Syrian President Bashar al-Assad and its allies, including Hezbollah.

"Today's action underscores (Hezbollah's) destabilising influence within Lebanon and on the wider region, as the group, its affiliates, and its supporters continue to finance their operations through covert involvement in commercial trade and the illicit trafficking of captagon," Bradley T. Smith, acting undersecretary of Treasury for terrorism and financial intelligence, said in the statement.

Disclaimer: This story has been published from a news agency feed with minimal edits to adhere to WION's style guide. The headline may have been changed to better reflect the content of the story or to make it more suitable for WION&nbsp;audience. 
&nbsp;

The United States imposed sanctions on Tuesday (Oct 15) on what it described as a Lebanon-based sanctions evasion network that funnels millions of dollars to Hezbollah.

The United States imposed sanctions on Tuesday (Oct 15) on what it described as a Lebanon-based sanctions evasion network that funnels millions of dollars to Hezbollah. The action targeted three individuals linked to Hezbollah's finance arm and four Lebanon-based companies registered to conceal ties to the militant group, according to a Treasury Department statement. The US also sanctioned three individuals involved in the production and sale of the amphetamine known as captagon, who it said have funded the regime of Syrian President Bashar al-Assad and its allies, including Hezbollah. "Today's action underscores (Hezbollah's) destabilising influence within Lebanon and on the wider region, as the group, its affiliates, and its supporters continue to finance their operations through covert involvement in commercial trade and the illicit trafficking of captagon," Bradley T. Smith, acting undersecretary of Treasury for terrorism and financial intelligence, said in the statement. Disclaimer: This story has been published from a news agency feed with minimal edits to adhere to WION's style guide. The headline may have been changed to better reflect the content of the story or to make it more suitable for WION audience.

US sanctions Lebanon-based network funding Hezbollah's operations

The west has accused Iran of transferring missiles to Russia. U.S. and European nations have imposed fresh sanctions on Iran. Tehran says the west should impose the same rule on Israeli administration. Iranian president Masasoud Pezeshkian says Tehran is open to talks but it won't respond to intimidation.

Will Iran & West Make Amends?

China has made a major breakthrough in chipmaking technology by developing a new laser lithography machine, pushing forward despite US sanctions. This advancement could help China reduce its reliance on foreign semiconductor technologies and boost its domestic chip production capabilities.

China Advances Chipmaking With New Laser Lithography Machine, Defies US Sanctions

Now, we turn our attention to the latest in the U.S. Sanctions on Russia. Russia's MMC Norilsk Nickel Pjsc has warned that challenges with cross-border payments hit its bottom line. This came just before the U.S. Imposed sanctions on the firm's copper unit...And other affiliates that supply services to the miner on Friday.

Targeted U.S. Sanctions weigh on Russian businesses | World Business Watch | WION

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China Hits U.S. With Fresh Sanctions, Tightens Drone Export Controls Amid Trade Tensions

US-China Trade War Escalates | Beijing Targets American Entities and Drone Exports

US-Iran truce on cards? Washington lifts sanctions on three IRGC linked entities

Trump's Tariffs & Sanctions Under Fire | Are US Economic Pressure Tactics Failing?

Iran's Ships Hide Identities to Evade U.S. Sanctions & Tracking | The West Asia Post

US imposes new sanctions against Iranian billionaire Zanjani for enabling regime

Trump Administration accuses Moonshot AI of using Anthropic's AI Technology without authorisation

Brazil Top Court Convicts Ex-Lawmakers For Seeking US Sanctions

Bolsonaro's son jailed for seeking US sanctions on Brazil during father's trial

‘Aggressive, perverse’: Cuba’s Miguel Diaz-Canel slams new US sanctions

US sanctions Iran's largest crypto exchange Nobitex over IRGC ties

'Hezbollah is a terrorist organisation': US sanctions Hezbollah-linked individuals as Israel strikes continue in Lebanon

China Activates 2021 Blocking Rules Against US Sanctions

US freezes $344 mn in Iran-linked crypto amid energy supply disruptions: Bessent

India to continue buying Russian oil after US sanctions waiver ends

Sanctions on land, aircraft carriers at sea: How US is pushing Iran to the brink

India looks to reduce its involvement in Iran's Chabahar port amid US pressure

U.S. Sanctions 32 Entities Over Iran Weapons, Including Indian Firms

US imposes sanctions on Colombian President Petro, family over drug accusations

‘Counterproductive’: Russia fumes over Trump sanctions on its oil companies

Trump to impose sanctions on Moscow after massive Russian attack on Ukraine?

US sanctions 6 Indian companies over trade with Iran; Tehran responds

Four Indian firms among those sanctioned by Trump administration for 'knowingly engaging' in Iran's oil trade

Bolsonaro finding own political revival in Trump’s win, hoping for US sanctions on Brazil