Russian President Vladimir Putin remained defiant on Thursday after U.S. President Donald Trump imposed sanctions on Russia’s two largest oil companies in an effort to pressure the Kremlin to end the war in Ukraine, a move that sent global oil prices soaring by 5%.
The Kremlin has reacted to the latest sanctions placed on it by the Trump led administration dubbing it “counterproductive”, adding that it was immune to the sanctions.
Britain targeted Russia's two largest oil companies, Lukoil and Rosneft, and 44 shadow fleet tankers on Wednesday in what it described as a new bid to tighten energy sanctions and choke off Kremlin revenues.
The United Nations Security Council will vote on Friday on a resolution proposed by Russia and China to delay the reimposition of sanctions on Iran for six months, but diplomats said it was unlikely to pass.
U.S. President Donald Trump said on Thursday he could lift sanctions against Türkiye’s defence industry “very soon,” depending on the outcome of his Oval Office meeting with Turkish President Recep Tayyip Erdoğan.
Iran's Oil Minister Mohsen Paknejad told reporters in Dubai that Tehran’s exports to Beijing would be unaffected if the “snapback” mechanism under the 2015 nuclear deal is activated on 27 September. “They will continue, we have no problem,” he said.
Syrian President Ahmed Al-Sharaa renewed his call on Monday for Washington to formally lift U.S. sanctions imposed under the 2019 Caesar Act while visiting New York to attend the first United Nations General Assembly of a Syrian leader in nearly six decades.
Iran's Foreign Minister Abbas Araqchi is set to meet with officials from Britain, France, and Germany, the so-called E3—in Vienna, as reported by Iran's state-run Nournews agency on Sunday.
President Masoud Pezeshkian said on Saturday that Iran would overcome any reimposition of sanctions through a so-called 'snapback' process, after the UN Security Council voted not to permanently lift sanctions on Tehran.
Ukrainian President Volodymyr Zelenskyy on Friday welcomed the European Union’s plan for its 19th sanctions package targeting Russia, calling it an “important step” to increase pressure on Moscow.
The United Nations Security Council did not adopt a draft resolution on Friday to permanently lift sanctions on Iran, but Tehran and key European powers still have eight days to try and agree to a delay.
European powers will likely reimpose international sanctions on Iran by the end of the month after their latest round of talks with Tehran aimed at preventing them were deemed not serious, France's President Emmanuel Macron said on Thursday.
Iran and Saudi Arabia – the two power houses in the Middle East -- have decided to advance their bilateral economic and defense ties and to increase cooperation in relation to the regional developments according to Iran’ security chief Ali Larijani.
The European Commission will delay presenting its next Russia sanctions package, European Union officials said on Tuesday, as the bloc searches for a response to the Trump administration's demand that it phase out purchases of Russian oil and gas faster.
Czech Foreign Minister Jan Lipavsky has urged NATO allies to impose additional sanctions on Russia after a Russian drone violated Romanian airspace during strikes on Ukraine.
Finance ministers from the Group of Seven discussed new sanctions on Russia and tariffs on countries buying its oil, as the U.S. urged allies to ramp up economic pressure.
The European Union is set to propose a 19th package of sanctions targeting Russia’s oil industry and shadow tanker fleet, while also extending its current measures on individuals tied to the ongoing war in Ukraine for another six months.
Britain launched a new package of Russia-related sanctions on Friday, targeting ships carrying Russian oil, as well as companies and individuals supplying electronics, chemicals and explosives used to make Russian weapons.
Belarus released 52 prisoners of various nationalities on Thursday following a request from U.S. President Donald Trump, with the detainees heading to Lithuania alongside the U.S. delegation that negotiated their release, the U.S. embassy in Vilnius confirmed.
Italy's foreign minister informed the upper house of parliament on Thursday, that additional sanctions were necessary to exert pressure on Russian President Vladimir Putin to engage in negotiations aimed at ending the conflict in Ukraine.
The European Union’s chief sanctions envoy visited Washington on Monday with a team of experts to discuss what could become the first joint transatlantic measures against Russia since President Donald Trump returned to office.
President Donald Trump indicated he is prepared to escalate sanctions on Russia as the conflict in Ukraine continues.
Iran, China and Russia in a joint letter addressed to the UN Secretary General and the president of the Security Council have rejected the move by the E3 to call for return or snapback of Tehran’s nuclear sanctions.
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