US sanctions – Artifex.News https://artifex.news Stay Connected. Stay Informed. Tue, 12 May 2026 06:40:00 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://artifex.news/wp-content/uploads/2026/05/cropped-cropped-app-logo-32x32.png US sanctions – Artifex.News https://artifex.news 32 32 India declines Russian LNG under sanctions, talks continue on permitted cargoes, sources say https://artifex.news/article70968551-ece/ Tue, 12 May 2026 06:40:00 +0000 https://artifex.news/article70968551-ece/ Read More “India declines Russian LNG under sanctions, talks continue on permitted cargoes, sources say” »

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Representative image
| Photo Credit: Reuters

India has declined Russia’s offer to sell it ‌liquefied natural gas, subject to U.S. sanctions, despite a shortfall driven by ​Middle East tensions, said two sources with direct knowledge of the matter, leaving ⁠a tanker bound for India in limbo as talks continue on permitted cargoes.

The stance highlights the fine balance the world’s third-biggest oil importer and consumer is seeking to strike between securing energy supplies and avoiding LNG ‌cargoes on which the U.S. has placed sanctions, which are harder to disguise and carry greater compliance risk. It also underscores the limits of Moscow’s ability to ‌pivot its LNG exports to new markets.

India’s reluctance has left an LNG cargo from ‌Russia’s U.S.-sanctioned ⁠Portovaya plant in the Baltic Sea unable to discharge, despite indicating India as ⁠its destination in mid-April, one of the sources said. The vessel was tracked despite documentation suggesting the cargo was non-Russian, the source added.

Reuters had reported in mid-April, citing LSEG shipping data, that the 1,38,200-cubic-metre tanker Kunpeng was heading to the ​Dahej LNG import terminal in western ‌India. The vessel is now near Singaporean waters with no destination broadcast, according to LSEG.

India, the biggest buyer of Russian seaborne crude, conveyed its decision not to buy LNG that was under sanction to Russia’s Deputy Energy Minister Pavel Sorokin during his April 30 ‌visit, when he met Indian officials including Petroleum and Natural Gas Minister Hardeep Singh Puri, ​one of the sources said. It was their second meeting in as many months, and Sorokin could return in June for further talks, said the ⁠source.

India’s Oil and Gas Ministry and Russia’s embassy in Delhi did not immediately respond to requests for comment.

Russia keen to sell, Indian companies cautious

India’s purchases of Russian crude have meanwhile ‌continued unabated, aided by a temporary waiver of U.S. sanctions introduced to help countries cope with an energy crisis resulting from the U.S.-Israeli war on Iran, which began on February 28.

Arctic LNG 2 is Russia’s other export plant subject to U.S. sanctions. Washington stepped up sanctions on the LNG plants in early 2025 over Russia’s war on Ukraine.

While crude oil cargoes can be hidden through ship-to-ship transfers at sea, LNG shipments are far harder to conceal from satellite tracking, ‌one of the sources said.

India is open to buying authorised Russian LNG, but most of those volumes are ​committed to Europe, the source said. The source said China remains a major buyer of both sanctioned and unsanctioned Russian LNG.

Moscow is also seeking long-term deals ⁠to supply India with LNG and fertilisers such as potash, phosphorus and urea, the source added.

Before the ⁠Iran conflict disrupted shipping through the Strait of Hormuz, India was meeting half of its gas consumption through imports, about 60% of which had come through the waterway. ‌More than half of its crude supplies came the same way.

Indian Prime Minister Narendra Modi on Sunday (May 10, 2026) urged people to conserve fuel and foreign exchange by working from home, limiting ​foreign travel and reducing imports of gold and edible oil.



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U.S. imposes sanctions on 10 individuals, companies for aiding Iran’s weapons sector https://artifex.news/article70957188-ece/ Fri, 08 May 2026 22:58:00 +0000 https://artifex.news/article70957188-ece/ Read More “U.S. imposes sanctions on 10 individuals, companies for aiding Iran’s weapons sector” »

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U.S. Treasury Secretary Scott Bessent. File
| Photo Credit: Reuters

The U.S. ​Treasury on Friday (May 8, 2026) announced sanctions against ‌10 individuals and companies, including several ​in China and ⁠Hong Kong, for aiding efforts by Iran’s military to secure weapons and raw ‌materials used to build Tehran’s Shahed drones.

The Treasury move, ‌first reported by Reuters, ‌comes ⁠days before U.S. President Donald Trump ⁠plans to travel to China for a meeting with President Xi Jinping and ​as efforts ‌to end the war with Iran have stalled.

In a statement, the Treasury said it remains ready to ‌take economic action against Iran’s ​military industrial base so Tehran cannot reconstitute its production capacity ⁠and project power outside its borders.

The Treasury said it was also prepared ‌to act against any foreign company supporting illicit Iranian commerce, including airlines, and could impose secondary sanctions on foreign financial institutions that aid Iran’s efforts, including ‌those connected to China’s independent “teapot” oil refineries.

“Under ​President Trump’s decisive leadership, we will continue to act to ⁠Keep America Safe and target foreign individuals ⁠and companies providing Iran’s military with weapons for use ‌against U.S. forces,” Treasury Secretary Scott Bessent said in a ​statement.



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Cuba’s latest blackout underscores deepening economic crisis | In pictures https://artifex.news/article70753205-ece/ Wed, 18 Mar 2026 07:22:00 +0000 https://artifex.news/article70753205-ece/ Read More “Cuba’s latest blackout underscores deepening economic crisis | In pictures” »

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Officials in Cuba reported an islandwide blackout on Monday (March 16, 2026) in the country of some 11 million people as its energy and economic crises deepen and its power grid continues to crumble.

The Ministry of Energy and Mines on X noted a “complete disconnection” of the country’s electrical system and said it was investigating, noting there were no failures in the units that were operating when the grid collapsed.

Lázaro Guerra, the Ministry’s Electricity Director, told state media late on Monday (March 16) that crews were trying to restart several thermoelectric plants, which are key to restoring power. (Text: AP)

Photo:
Reuters

City lights during a blackout, leaving around 10 million people without power amid a U.S.-imposed oil blockade, in Havana on March 16, 2026. While Cuba produces 40% of its petroleum and has been generating its own power, it hasn’t been sufficient to meet demand as its electric grid continues to crumble.

Photo:
RAMON ESPINOSA

People walk on a street during a blackout in Havana on March 16, 2026. A massive outage over a week ago affected the island’s west, leaving millions without power. Another major blackout affected western Cuba in early December.

Photo:
AP

Street vendors chat on the Malecón during a blackout in Havana on March 16, 2026. This was the third major blackout in Cuba over the past four months.

Photo:
AP

People walk on the street during a blackout in Havana on March 16, 2026. President Miguel Díaz-Canel on Friday (March 13) said that the government has had to postpone surgeries for tens of thousands of people.

Photo:
Reuters

Gladys Valdes, 76, prepares coffee during the blackout, in Havana on March 16, 2026. “Cuba right now is in very bad shape,” President Donald Trump said, a day after Cuba’s third nationwide blackout in four months as the socialist island’s economy suffers under U.S. sanctions.

Photo:
Reuters

People sit on the side of a street during a blackout. The government also has blamed its woes on a U.S. energy blockade after President Donald Trump in January warned of tariffs on any country that sells or provides oil to Cuba.

Photo:
Reuters

A person stands on a balcony during a blackout as Cuba’s national electric grid collapsed, in Havana on March 16, 2026. The Trump administration is demanding that Cuba release political prisoners and move toward political and economic liberalisation in return for a lifting of sanctions.

Photo:
Reutes

A motortaxi drives on a street during a blackout, in Havana on March 16, 2026. William LeoGrande, a professor at American University who has tracked Cuba for years, said the country’s energy grid hasn’t been maintained properly and its infrastructure is “way past its normal useful life.”

Photo:
Reuters

People gather on a street during a blackout as Cuba’s, in Havana on March 16, 2026. President Miguel Díaz-Canel on Friday said the island had not received oil shipments in three months and was operating on solar power, natural gas and thermoelectric plants.

Photo:
Reuters

A man uses a flashlight during a blackout as Cuba’s, in Havana on March 16, 2026. A massive outage over a week ago affected the island’s west, leaving millions without power. Another major blackout affected western Cuba in early December.

Photo:
Reuters

A view of Havana city with the National Capitol building in the background, as Cuba reconnected its electrical grid across much of the island, according to the Energy and Mines Ministry, in Havana, Cuba on March 17, 2026. Cuba’s Ministry of Energy and Mines said on X that the island had restored the electrical system in the western town of Pinar del Rio and the southeastern province of Holguin and that some “microsystems” were beginning to operate in various territories.



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Why U.S.–Venezuela tensions are rising| The Hindu explainer https://artifex.news/article70381545-ece/ Wed, 10 Dec 2025 15:59:00 +0000 https://artifex.news/article70381545-ece/ Read More “Why U.S.–Venezuela tensions are rising| The Hindu explainer” »

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What to know about Iran’s nuclear programme as U.N. reimposes ‘snapback’ sanctions https://artifex.news/article70104829-ece/ Sun, 28 Sep 2025 10:42:00 +0000 https://artifex.news/article70104829-ece/ Read More “What to know about Iran’s nuclear programme as U.N. reimposes ‘snapback’ sanctions” »

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United Nations sanctions on Iran over its nuclear programme were reimposed on Sunday (September 28, 2025) putting Tehran under new pressure as tensions remain high in the wider Mideast over the Israel-Hamas war in Gaza.

At the U.N. General Assembly this week in New York, Iranian President Masoud Pezeshkian and Foreign Minister Abbas Araghchi tried a last-minute diplomatic push to stop the sanctions.

However, Iran’s supreme Leader, Ayatollah Ali Khamenei, boxed in their efforts by describing diplomacy with the United States as a “sheer dead end.” Meanwhile, efforts by China and Russia to halt the sanctions failed on Friday (September 19)

A 30-day clock for the sanctions started when France, Germany and the United Kingdom on August 28, 2025 declared Iran wasn’t complying with its 2015 nuclear deal with world powers.

Tehran has argued without success that the deal was voided by the United States’ unilateral withdrawal from the accord in 2018 under President Donald Trump’s first administration.

Since then, Iran has severely restricted required inspections by the U.N. nuclear watchdog, the International Atomic Energy Agency, particularly after the 12-day war Israel launched on Iran in Friday (June 13, 2025) That war saw both the U.S. and Israel bomb key Iranian nuclear sites.

“We don’t think it can impact the people of Iran, especially the people of Iran’s determination to defend their rights,” Mr. Araghchi said on Friday (September 26) in New York about the sanctions, despite the pressure already on the country’s economy.

“The question is, what does it impact in diplomacy. It closed the way of diplomacy.”

Here’s what to know about Iran’s nuclear sites, “snapback” sanctions and other issues raising tensions between Iran and the West.

What is a snapback, and how does it work

The “snapback” process, as it is called by the diplomats who negotiated it into Iran’s 2015 nuclear deal with world powers, was designed to be veto-proof at the U.N. Security Council and took effect 30 days after parties to the deal told the Security Council that Iran was not complying. It again froze Iranian assets abroad, halted arms deals with Tehran and penalised any development of Iran’s ballistic missile programme, among other measures.

The power to impose “snapback” would have expired on October 18, which likely prompted the European countries to use it before they lost the measure. After that, any sanctions effort would have faced a veto from U.N. Security Council members China and Russia, nations that have provided support to Iran in the past. China has remained a major buyer of Iranian crude oil, something that could be affected if “snapback” happens, while Russia has relied on Iranian drones in its war on Ukraine.

Why the West is worried about Iran’s nuclear programme

Iran has insisted for decades that its nuclear programme is peaceful. However, its officials increasingly threaten to pursue a nuclear weapon. Iran now enriches uranium to near-weapons-grade levels, the only country in the world without a nuclear weapons programme to do so.

Under the original 2015 nuclear deal, Iran was allowed to enrich uranium up to 3.67% purity and to maintain a uranium stockpile of 300 kilograms (661 pounds). The IAEA put Iran’s stockpile just before the war at 9,874.9 kilograms (21,770.4 pounds), with 440.9 kilograms (972 pounds) of uranium enriched up to 60%. That would allow Iran to build several nuclear weapons, should it choose to do so.

U.S. intelligence agencies assess that Iran has yet to begin a weapons programme, but has “undertaken activities that better position it to produce a nuclear device, if it chooses to do so.” The U.S. struck three major Iranian nuclear sites during Israel’s war Iran’s nuclear facility at Natanz, located some 220 kilometres (135 miles) southeast of Tehran, is the country’s main enrichment site and had already been targeted by Israeli airstrikes when the US attacked it in June.

Uranium had been enriched to up to 60% purity at the site — a short step away from weapons grade — before Israel destroyed the aboveground part of the facility, according to the IAEA.

Another part of the facility on Iran’s Central Plateau is underground to defend against airstrikes. It operates multiple “cascades,” groups of centrifuges that work together to more quickly enrich uranium. The IAEA has said it believes that most, if not all, of these centrifuges were destroyed by an Israeli strike that cut off power to the site. The U.S. also dropped so-called bunker-busting bombs on the site, likely heavily damaging it.

Iran’s nuclear enrichment facility at Fordo, located some 100 kilometres (60 miles) southwest of Tehran, also came under U.S. bombardment with bunker-busting bombs.

The U.S. struck the Isfahan Nuclear Technology as well with smaller munitions. Israel separately targeted other sites associated with the programme, including the Arak heavy water reactor.

Why have relations between Iran and the US been bad

Iran was decades ago one of the U.S. top allies in the Mideast under Shah Mohammad Reza Pahlavi, who purchased American military weapons and allowed CIA technicians to run secret listening posts monitoring the neighbouring Soviet Union. The CIA fomented a 1953 coup that cemented the Pahlavi’s rule.

But in January 1979, the Pahlavi fatally ill with cancer, fled Iran as mass demonstrations swelled against his rule. Then came the Islamic Revolution led by Grand Ayatollah Ruhollah Khomeini, which created Iran’s theocratic government.

Later that year, university students overran the U.S. Embassy in Tehran, seeking the shah’s extradition and sparking the 444-day hostage crisis that saw diplomatic relations between Iran and the U.S. severed.

During the Iran-Iraq war of the 1980, the U.S. backed Saddam Hussein. During that conflict, the U.S. launched a one-day assault that crippled Iran at sea as part of the so-called “Tanker War,” and later it shot down an Iranian commercial airliner that the American military said it mistook for a warplane.

Iran and the U.S. have seesawed between enmity and grudging diplomacy in the years since, and relations peaked with the 2015 nuclear deal. But Mr. Trump unilaterally withdrew America from the accord in 2018, sparking tensions in the Mideast that persist today, fanned by the Israel-Hamas war and Israel’s wider strikes across the region.

Published – September 28, 2025 04:12 pm IST



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U.S. imposes sanctions on Russian and Iranian groups over disinformation targeting American voters https://artifex.news/article69048929-ece/ Wed, 01 Jan 2025 01:53:42 +0000 https://artifex.news/article69048929-ece/ Read More “U.S. imposes sanctions on Russian and Iranian groups over disinformation targeting American voters” »

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Servicemen of Rosguardia (National Guard) guard an area near Red Square prior to celebrating the New Year’s Day, in Moscow, Russia, Tuesday, Dec. 31, 2024.
| Photo Credit: AP

The United States has imposed sanctions on two groups linked to Iranian and Russian efforts to target American voters with disinformation ahead of this year’s election.

Treasury officials announced the sanctions Tuesday, alleging that the two organizations sought to stoke divisions among Americans before November’s vote. U.S. intelligence has accused both governments of spreading disinformation, including fake videos, news stories and social media posts, designed to manipulate voters and undermine trust in U.S. elections.

“The governments of Iran and Russia have targeted our election processes and institutions and sought to divide the American people through targeted disinformation campaigns,” Bradley T. Smith, Treasury’s acting undersecretary for terrorism and financial intelligence, said in a statement.

Authorities said the Russian group, the Moscow-based Center for Geopolitical Expertise, oversaw the creation, financing and dissemination of disinformation about American candidates, including deepfake videos created using artificial intelligence.

In addition to the group itself, the new sanctions apply to its director, who authorities say worked closely with Russian military intelligence agents also overseeing cyberattacks and sabotage against the West.

Authorities say the centre used AI to quickly manufacture fake videos about American candidates created scores of fake news websites designed to look legitimate and even paid U.S. web companies to create pro-Russian content.

The Iranian group, the Cognitive Design Production Center, is a subsidiary of Iran’s paramilitary Revolutionary Guard, U.S. officials said, which the United States has designated a foreign terrorist organization. Officials say the center worked since at least 2023 to incite political tensions in the United States.

U.S. intelligence agencies have blamed the Iranian government for seeking to encourage protests in the U.S. over Israel’s war against Hamas in Gaza. Iran also has been accused of hacking into the accounts of several top current and former U.S. officials, including senior members of Donald Trump’s campaign.

In the months ahead of the election, U.S. intelligence officials said Russia, Iran and China all sought to undermine confidence in U.S. democracy. They also concluded that Russia sought to prop up the ultimate victor Trump, who has praised Russian President Vladimir Putin, suggested cutting funds to Ukraine and repeatedly criticized the NATO military alliance.

Iran, meanwhile, sought to oppose Trump’s candidacy, officials said. The president-elect’s first administration ended a nuclear deal with Iran, reimposed sanctions and ordered the killing of Iranian Gen. Qassem Soleimani, an act prompting Iran’s leaders to vow revenge.

Russian and Iranian officials have rejected claims that they sought to influence the outcome of the 2024 election.

“Russia has not and does not interfere with the internal affairs of other countries,” a spokesperson for Russia’s embassy in Washington wrote in an email Tuesday.

A message left with officials from Iran was not immediately returned Tuesday.



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15 Indian Companies Face US Crackdown Over War Supplies To Russia https://artifex.news/15-indian-companies-face-us-crackdown-over-war-supplies-to-russia-6922858/ Sat, 02 Nov 2024 03:20:13 +0000 https://artifex.news/15-indian-companies-face-us-crackdown-over-war-supplies-to-russia-6922858/ Read More “15 Indian Companies Face US Crackdown Over War Supplies To Russia” »

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Washington:

The US has imposed sanctions on 275 individuals and entities, including 15 from India, for allegedly supporting Russia’s military-industrial base.

Companies from China, Switzerland, Thailand, and Turkiye have also been slapped with sanctions for supplying Russia with advanced technology and equipment that it desperately needs to support its war machine, the Department of Treasury said in a statement on Thursday.

In addition to disrupting global evasion networks, this action also targets domestic Russian importers and producers of key inputs and other material for Russia’s military-industrial base, the statement said.

“The United States and our allies will continue to take decisive action across the globe to stop the flow of critical tools and technologies that Russia needs to wage its illegal and immoral war against Ukraine,” Deputy Secretary of the Treasury Wally Adeyemo said.

“As evidenced by today’s action, we are unyielding in our resolve to diminish and degrade Russia’s ability to equip its war machine and stop those seeking to aid their efforts through circumvention or evasion of our sanctions and export controls,” Adeyemo said.

The State Department has also targeted sanctions evasion and circumvention in multiple third countries, including several China-based companies exporting dual-use goods that fill critical gaps in Russia’s military-industrial base and entities and individuals in Belarus related to the Lukashenka regime’s support for Russia’s defence industry, the statement said.

The US also targeted several senior Russian Ministry of Defence officials and defence companies and those supporting Russia’s future energy production and exports.

As per the list released by the Department of Treasury, the India-based companies are Abhar Technologies and Services Private Limited; Denvas Services Private Limited; Emsystech; Galaxy Bearings Ltd; Orbit Fintrade LLP; Innovio Ventures; KDG Engineering Private Limited; and Khushbu Honing Private Limited.

The Indian companies also include Lokesh Machines Limited; Pointer Electronics; RRG Engineering Technologies Private Limited; Sharpline Automation Private Limited; Shaurya Aeronautics Private Limited; Shreegee Impex Private Limited; and Shreya Life Sciences Private Limited.

On Wednesday, the US imposed sanctions on nearly 400 entities and individuals for enabling Russia’s illegal war against Ukraine.

“The Department of State is targeting sanctions circumvention by parties in multiple third countries, several senior Russian Ministry of Defence officials and defence companies, and those that support the development of Russia’s future energy production and exports,” Secretary of State Antony Blinken had said in a statement on Wednesday.

The US, he said, is imposing sanctions on several Chinese companies exporting dual-use goods that fill critical gaps in Russia’s military-industrial base as well as entities and individuals connected to the Lukashenka regime’s support for Russia’s defence industry.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)




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15 Indian Companies Face US Crackdown Over War Supplies To Russia https://artifex.news/15-indian-companies-face-us-crackdown-over-war-supplies-to-russia-6922858rand29/ Sat, 02 Nov 2024 03:20:13 +0000 https://artifex.news/15-indian-companies-face-us-crackdown-over-war-supplies-to-russia-6922858rand29/ Read More “15 Indian Companies Face US Crackdown Over War Supplies To Russia” »

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Washington:

The US has imposed sanctions on 275 individuals and entities, including 15 from India, for allegedly supporting Russia’s military-industrial base.

Companies from China, Switzerland, Thailand, and Turkiye have also been slapped with sanctions for supplying Russia with advanced technology and equipment that it desperately needs to support its war machine, the Department of Treasury said in a statement on Thursday.

In addition to disrupting global evasion networks, this action also targets domestic Russian importers and producers of key inputs and other material for Russia’s military-industrial base, the statement said.

“The United States and our allies will continue to take decisive action across the globe to stop the flow of critical tools and technologies that Russia needs to wage its illegal and immoral war against Ukraine,” Deputy Secretary of the Treasury Wally Adeyemo said.

“As evidenced by today’s action, we are unyielding in our resolve to diminish and degrade Russia’s ability to equip its war machine and stop those seeking to aid their efforts through circumvention or evasion of our sanctions and export controls,” Adeyemo said.

The State Department has also targeted sanctions evasion and circumvention in multiple third countries, including several China-based companies exporting dual-use goods that fill critical gaps in Russia’s military-industrial base and entities and individuals in Belarus related to the Lukashenka regime’s support for Russia’s defence industry, the statement said.

The US also targeted several senior Russian Ministry of Defence officials and defence companies and those supporting Russia’s future energy production and exports.

As per the list released by the Department of Treasury, the India-based companies are Abhar Technologies and Services Private Limited; Denvas Services Private Limited; Emsystech; Galaxy Bearings Ltd; Orbit Fintrade LLP; Innovio Ventures; KDG Engineering Private Limited; and Khushbu Honing Private Limited.

The Indian companies also include Lokesh Machines Limited; Pointer Electronics; RRG Engineering Technologies Private Limited; Sharpline Automation Private Limited; Shaurya Aeronautics Private Limited; Shreegee Impex Private Limited; and Shreya Life Sciences Private Limited.

On Wednesday, the US imposed sanctions on nearly 400 entities and individuals for enabling Russia’s illegal war against Ukraine.

“The Department of State is targeting sanctions circumvention by parties in multiple third countries, several senior Russian Ministry of Defence officials and defence companies, and those that support the development of Russia’s future energy production and exports,” Secretary of State Antony Blinken had said in a statement on Wednesday.

The US, he said, is imposing sanctions on several Chinese companies exporting dual-use goods that fill critical gaps in Russia’s military-industrial base as well as entities and individuals connected to the Lukashenka regime’s support for Russia’s defence industry.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)




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Potential risk of sanctions for any business deals with Iran, says U.S., in wake of Chabahar port deal https://artifex.news/article68173579-ece/ Tue, 14 May 2024 03:26:14 +0000 https://artifex.news/article68173579-ece/ Read More “Potential risk of sanctions for any business deals with Iran, says U.S., in wake of Chabahar port deal” »

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International Port of Shahid Beheshti in Chabahar.
| Photo Credit: Getty Images

Any country having business dealings with Iran runs the risk of sanctions, the United States has said, noting that it is aware that Iran and India have signed a deal concerning the Chabahar port.

Responding to the India-Iran Chabahar agreement, “We are aware of these reports that Iran and India have signed a deal concerning the Chabahar port. I will just say, as it relates to the United States, U.S. sanctions on Iran remain in place and we’ll continue to enforce them,” State Department Deputy Spokesperson Vedant Patel told reporters at his daily news conference.

Over the last months, the U.S. has imposed sanctions to counter Iran’s activities, taking aim at its drone and missile programs, as well as its financing of groups like Hamas.

India and Iran on May 13 signed a 10-year contract, according to which India Ports Global Ltd. (IPGL) will invest about $120 million to equip and develop the Chabahar port terminal that India has been working on thus far as a means to build a trade corridor via Iran to Afghanistan, Central Asia and on to Russia. 

Chabahar agreement can be driver of Iran-India relations: Ambassador Iraj Elahi

A memorandum of understanding for the development of the Chabahar port by India was signed in May 2015. The contract was executed on May 23, 2016, during the visit of Prime Minister Narendra Modi to Iran.

Chabahar is a deep water port located in the Sistan-Baluchistan province of Iran. During the visit of Mr. Modi to Iran in May 2016, a trilateral agreement to establish the International Transport and Transit Corridor (Chabahar Agreement) was signed by India, Iran, and Afghanistan.



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US Sanctions Russia, China Suppliers Over Ukraine War https://artifex.news/russia-ukraine-war-us-sanctions-suppliers-in-russia-china-over-ukraine-war-5567487/ Wed, 01 May 2024 17:53:59 +0000 https://artifex.news/russia-ukraine-war-us-sanctions-suppliers-in-russia-china-over-ukraine-war-5567487/ Read More “US Sanctions Russia, China Suppliers Over Ukraine War” »

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The sanctions also targeted individuals connected to the death of Aleksey Navalny. (File)

Washington:

US officials on Wednesday announced fresh sanctions aimed at crippling Russia’s military and industrial capabilities, punishing companies in China and elsewhere that help Moscow acquire weapons for its war in Ukraine.

In a sweeping package announced by the US Treasury Department, Washington targeted nearly 300 entities in Russia, China and other countries accused of supporting President Vladimir Putin’s invasion.

“Treasury has consistently warned that companies will face significant consequences for providing material support for Russia’s war,” Treasury Secretary Janet Yellen said in a statement.

“Today’s actions will further disrupt and degrade Russia’s war efforts by going after its military industrial base and the evasion networks that help supply it.”

The latest wave of sanctions came a week after US President Joe Biden signed a much-delayed bill to provide new funding for Ukraine as Kyiv’s military struggles to hold back Russian advances.

“Even as we’re throwing sand in the gears of Russia’s war machine, President (Joe) Biden’s recently-passed National Security Supplemental is providing badly-needed military, economic, and humanitarian support to bolster Ukraine’s courageous resistance,” Yellen said.

“Combined, our support for Ukraine and our relentless targeting of Russia’s military capacity is giving Ukraine a critical leg-up on the battlefield.”

As part of the measures, the State Department blacklisted additional individuals and companies involved in Moscow’s energy, mining and metals sectors.

The sanctions also targeted individuals connected to the death of Russian opposition leader Aleksey Navalny who died in a Siberian prison in February, the statement said.

The almost 300 targets hit included dozens of actors accused of enabling Russia to acquire desperately needed technology and equipment from abroad, the Treasury said.

Some of those targeted were based in countries such as China that have faced increasing pressure from Washington over support for Russia during its 15-month invasion of Ukraine.

“The United States, along with many international partners, is particularly concerned about entities based in the People’s Republic of China (PRC) and other third countries that provide critical inputs to Russia’s military-industrial base,” the Treasury statement said.

“This support enables Russia to continue its war against Ukraine and poses a significant threat to international security.”

Other than China, targeted non-Russian entities were located in Azerbaijan, Belgium, Slovakia, Turkey, and the United Arab Emirates (UAE).

These companies “enable Russia to acquire desperately-needed technology and equipment from abroad,” the statement said.

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

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