Tehran's threats of retaliation against the UK for seizing a tanker carrying Iranian crude oil for export have prompted a British vessel to shelter in the Gulf, but the rest of the world doesn't seem to be taking them too seriously.
Iran has called for the "immediate release" of its oil tanker after British Royal Marines boarded and seized it off Gibraltar a day ago after it took a long 90-day trek around the tip of Africa, presumably to evade sanctions enforcement en route to S
A huge development Thursday regarding enforcement of Iran sanctions and the West's economic war on both Damascus and Tehran: British Royal Marines seized an oil tanker in Gibraltar off Spain's southern coast while it was en route to Syria in what's b
A new report from Bloomberg exposes how international traders can skirt around US sanctions to buy and sell Venezuelan oil, which allows the Maduro regime to remain in power.
EU Announces Channel To Circumvent SWIFT And Iran Sanctions Is Now Operational
Iran's President Hassan Rouhani said the White House is "afflicted by mental retardation" prompting
Somehow even more sanctions are going to be slapped onto Iran today, with the Administration admitting they increase suffering of the civilian population. If the US claims it does not want to punish the Iranian people, why does it keep punishing the
US president clarifies that he still looks forward to day where such economic penalties won't be necessary, claiming 'the sooner the better!'
Underlying the one-year anniversary in mid-August of the signing of the 'Convention on the Legal Status of the Caspian Sea' is one of the greatest oil industry swindles in recent years.
sanctions - Security Council members alone may legally impose sanctions on nations, entities or individuals.
US Crude oil production has been at 12.1 to 12.3 million barrels per day for the last few weeks. This is 2.4 million barrels per day more than Saudi Arabia. US crude oil production has been at abou the level of Saudi Arabia and Iran combined.
Last month, the Trump administration imposed new sanctions on Cuba and Venezuela, attempting to tighten the vice on Havana to end its support for Venezuelan president, Nicolas Maduro.
Venezuela imports almost everything people eat, including rice, beans, pasta and corn flour.
Russia has a 15% debt-to-GDP ratio, and enough reserves on hand to cover all its debt in cash
Russian lawmakers on Tuesday backed the international use of a Russian alternative system for the global financial messaging network SWIFT designed by Moscow to eliminate the risk of Western sanctions.
Sanctions are the foreign policy of choice for the United States. There are sanctions on sanctions and sub-sanctions. Sanctions on countries, companies, individuals, and more. While we have long argued that sanctions never work and only make life mis
This week President Trump admitted what the Washington policy establishment of both parties would rather be kept quiet. Asked why he intervened to block a new round of sanctions on North Korea, he told the media that he believes the people of North K
Last week saw some confusion within the Trump administration about sanctions against North Korea. A Trump tweet seemed to contradict his own administration's policies. The White House then thought up an implausible explanation for what Trump had done
Good president, bad Treasury? Something odd is going on...