“We will not allow the Iranian government to increase its oil revenue for the purpose of reconstituting its armed forces and military capabilities,” Treasury Secretary Scott Bessent said in a release
SENSEX 75,867.80
NIFTY 23,907.15
CRUDEOIL 8,541.00
GOLD 156,906.00
+ 1,279.00
The U.S. imposes sanctions on 11 entities, including Chinese firms, for aiding Iran's military procurement efforts.
Trump to decide soon on lifting sanctions for Chinese firms buying Iranian oil, impacting global oil supply dynamics.
Iran's oil exports continue unaffected by the US waiver cancellation, with officials citing mechanisms to counter sanctions.
Tehran’s closure of key oil chokepoint after US-Israel war triggers global economic concerns
Iran says Strait of Hormuz closed again, citing Israeli strikes in Lebanon and US “bad faith”, raising fears over global oil…
Iran pauses offensive operations after fresh clashes with Israel but warns of severe retaliation if attacks continue, raising…
