India will not automatically face tariffs if the legislation becomes law. The US Senate on Friday passed the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, a sweeping bipartisan sanctions package aimed at tightening economic pressure on Moscow and Tehran while targeting countries that continue to finance Russia’s war effort through energy purchases.Read…
US prosecutors this week asked a federal court to dismiss criminal charges against Halkbank over Iran sanction violations after the Turkish bank completed a compliance review, according to court papers. US asks judge to end Halkbank case over Iran sanctions The move comes on the heels of a March deferred prosecution agreement in which the…
Donald Trump (File photo) US President Donald Trump on Sunday asserted the conditions around the Iran peace deal, saying that no sanctions would be lifted or assets be unfrozen upfront till the peace deal is reached.In a recent interview with NBC News’ “Meet the Press”, Trump , on being asked he would consider unfreezing assets…
The US administration has announced imposed fresh sanctions on Iran, targeting the country’s newly formed agency overseeing shipping through the Strait of Hormuz, as Washington continued its economic pressure campaign amid the ongoing war. The move came hours on Wednesday (local time) after US forces carried out strikes on an Iranian military facility following the…
The US military carried out fresh strikes in Iran on Wednesday, shooting down four Iranian drones and hitting a control centre in the southern port city of Bandar Abbas, even as Washington and Tehran continue negotiations to end their three-month conflict.Iran activated its air defence systems after explosions were heard east of the city. The…
