International
The United States has announced it will revoke the sanctions exemption granted to India for its involvement in Iran’s Chabahar Port under the Iran Freedom and Counter-Proliferation Act (IFCA). The revocation becomes effective September 29, 2025. Waiver History The exemption had been given in 2018 and allowed India — along with other countries — to […]
International
U.S. President Donald Trump criticised European countries for continuing to import oil from Russia despite the Ukraine war. He said their sanctions lacked strength and called for tougher action to match U.S. efforts. Trump’s Key Remarks Trump stated that Europe’s ongoing purchases of Russian oil were “not acceptable.” He urged NATO and EU nations to […]
International
U.S. and European officials convened at the U.S. Treasury Department to discuss new economic measures targeting Russia. The talks focused on expanding sanctions, adding tariffs on Russian oil imports, and managing frozen Russian sovereign assets. Trump Seeks European Support U.S. Treasury Secretary Scott Bessent underscored President Donald Trump’s intent to take strong