Taliban and US to discuss release of frozen funds after quake
The United States and the Taliban plan talks Thursday in Qatar on unlocking some of Afghanistan's reserves following a devastating earthquake, officials said, with Washington seeking ways to ensure the money goes to help the population.OPEC meeting expected to stick to oil output boost
Major oil producers led by Saudi Arabia and Russia are expected to stick to a previously decided output boost at their meeting on Thursday, despite pressure to further increase production. Russia's invasion of Ukraine has exacerbated concerns about oil supplies, sending prices to record highs this year.US sanctions Russia’s defence sector, bans its gold import
United States is seeking to crack down on Russians seeking to skirt existing sanctions by "covertly" acquiring US, Japanese and European defence components.Iran says indirect nuke deal talks with US to resume this week
Talks to revive the nuclear deal began in Vienna in April last year but hit a snag in March this year amid differences between Tehran and Washington.Iran says ‘serious’ about reaching revived nuclear deal
Iran said Thursday that it remains "serious" about reaching a revived nuclear deal with major powers that end economic sanctions and to which the United States is again a party. Foreign Minister Hossein Amir-Abdollahian was speaking at a joint news conference with visiting Russian counterpart Sergei Lavrov as talks between...G7 summit to inflict more pain on Russia over Ukraine invasion
Leaders at the upcoming G7 summit in Germany will announce new measures aimed at pressuring Russia over its invasion of Ukraine, a senior US official said Wednesday.Cubans ditch petrol cars, embrace electric versions
There is a new sight on the streets of Havana: increasing numbers of electric vehicles whizzing among the old American cars so emblematic of the Cuban capital.EU terms blockade of Ukraine grain by Russia ‘real war crime’
EU foreign policy chief Josep Borrell said Monday that Russia should be held "accountable" if it keeps blocking the export of vitally needed grain from Ukraine.Inflation, subsidy reform hit stomachs in isolated Iran
Inflation is making an unwelcome comeback globally -- stoked by high energy and food prices, driven largely by Russia's invasion of Ukraine, a major wheat producer, and by related sanctions on Moscow. But Iran has been wrestling with rampant price growth for years, exceeding 30 percent annually every year since...Gazprom defends gas cuts as energy prices soar
Gazprom CEO Alexei Miller said that Moscow will play by its own rules after cutting daily gas supplies to Germany and Italy.Venezuela President talks cooperation with Qatar emir
Venezuela's President Nicolas Maduro met Wednesday with Qatar's Emir Tamim bin Hamad Al-Thani in the gas-rich Gulf nation, his fifth stop of a regional tour. The two heads of state discussed "developing relations of friendship and prospects of joint cooperation" between the two countries, the Qatar News Agency said.Iran believes negotiations can still revive nuclear deal
Iran on Tuesday said it still believes that negotiations can succeed to revive the 2015 nuclear deal with world powers, despite a recent rebuke from the UN nuclear watchdog.IAEA urges Tehran to restart the halted nuclear talks ‘now’
The International Atomic Energy Agency on Sunday urged Iran to resume talks "now" to avoid a crisis that could make it "extremely more difficult" to salvage the 2015 nuclear accord. Iran this week disconnected some cameras allowing international inspectors to monitor its nuclear activities in response to a Western resolution...Iran and Venezuela sign 20-year cooperation deal
Iran and Venezuela signed a 20-year deal on cooperation between the two allies subject to US sanctions during a visit Saturday to the Islamic republic by Venezuelan President Nicolas Maduro.US President in dilemma as Iran hardens stance on nuclear deal
A flare-up in tensions between the UN nuclear monitor and Iran this week has left US President Joe Biden in an increasingly tight jam.European sanctions will wipe out Russia’s 15 years of economic gains
Sanctions imposed on Moscow over the invasion of Ukraine are rolling back more than a decade of economic progress and three decades of integration with the West, according to an analysis Wednesday. But economists at the Institute for International Finance caution that the impact is a "moving target" since more...Countries hand motion censuring Iran to IAEA
The United States, Britain, France and Germany have submitted a motion to the UN atomic energy watchdog to censure Iran over its lack of cooperation with the agency, diplomats said Tuesday. The resolution urging Iran to cooperate fully with the International Atomic Energy Agency (IAEA) is the first since June...Western powers to censure Iran amid stalled nuclear talks
Major European countries and the United States are expected to seek to censure Iran when the UN atomic watchdog meets this week amid stalled talks to revive the 2015 nuclear deal.Bosphorus sea trade remains undaunted by Ukraine war
At the gates of the Black Sea, trade is in full swing as freighters and oil tankers sail from the heart of Istanbul to Russian and Ukrainian ports.Russians prepare for hardships as sanctions begin to hit
With billions of dollars in financial reserves and money still coming in from oil and gas exports, Russia has yet to feel the full impact of the barrage of Western sanctions imposed over its offensive in Ukraine.Russian foreign minister hails OPEC+ agreements on Saudi visit
European Union leaders agreed on Monday to ban more than two-thirds of Russian oil imports as part of the sixth package of crippling sanctions on Moscow. Media reports said OPEC was considering whether to remove Russia from an agreement that has locked producers into limited output increases.EU leaders ban most Russian oil, as Moscow advances in Donbas
European Union leaders have agreed to ban more than two-thirds of Russian oil imports, tightening economic screws on the country even as Moscow's forces press their offensive in Ukraine's eastern Donbas region. The compromise deal reached late Monday, meant to punish Russia for its invasion three months ago, cuts "a...Iran says crews of two seized Greek oil tankers ‘in good health’
Iran said Saturday the crews of two Greek oil tankers it has seized in the Gulf are in "good health" and not under arrest.Iran Revolutionary Guards say seized two Greek tankers in Gulf
Iran's Revolutionary Guards seized two Greek oil tankers in the Gulf Friday, days after Athens confirmed it would deliver to Washington the Iranian oil it had seized from a Russian tanker. "The IRGC naval forces today (Friday) seized two Greek oil tankers in the Persian Gulf due to violations that...Greece will send Iranian oil from seized ship to US: police
Greece will send Iranian oil from a seized Russian-flagged tanker to the United States at the request of the US judiciary, Greek port police said Wednesday, a decision that angered Tehran. Last month the Greek authorities seized the Pegas, which was said to have been heading to the Marmara terminal...Russia to pay overseas debt in rubles as US exemption ends
Russia said Wednesday that it will start paying its foreign debt in rubles after the United States ended an exemption allowing Moscow to make the payments in dollars held in Russia. The US Treasury announced Tuesday it was closing the escape clause to the drastic financial sanctions imposed on Moscow...Zelensky tells Davos: Send us weapons, stop Russia trade
Appearing by video link, Zelensky delivered the headline speech to the first World Economic Forum to be held in the Swiss Alps in more than two years after the Covid pandemic derailed the event. The war is dominating the four-day meeting of the world's business and political elite.Russian army says Mariupol steelworks ‘totally liberated’
Russia's Defense Minister Sergei Shoigu informed president Putin of "the end of the operation and the complete liberation of the (Azovstal) industrial complex and the city of Mariupol".UN expert calls US sanctions on Iran ‘devastating’
An independent United Nations expert said Wednesday that the impact of sanctions imposed by the United States on Iran was "devastating", describing them as illegal and urging they be lifted. "During our visit, we were able to identify (the) devastating humanitarian impact of sanctions," said Alena Douhan, the UN special...Renault hands Russian assets to Moscow
Since Putin sent troops into Ukraine in late February, Renault has had difficulty keeping its operations going due to a lack of components following the imposition of Western sanctions.Sanctions-hit Iran considering gas exports to Europe: official
Iran is considering the possibility of exporting gas to Europe, an oil ministry official said Sunday against the backdrop of soaring energy prices due to Russia's war in Ukraine. "Iran is studying this subject but we have not reached a conclusion yet," deputy oil minister Majid Chegeni was quoted as...US tells ASEAN leaders committed ‘for generations’
President Joe Biden on Friday promised a long-term commitment to Southeast Asia in the face of China's growing clout as he met regional leaders for the first summit in Washington. Biden laid out $150 million in new initiatives and announced plans for the first full US ambassador to the Association...Siemens profits down in Q2
Russia sanctions have cut the company's earnings by 600m eurosRussia slaps sanctions on Western energy firms
The sanctions include a ban on transactions and the entry into Russian ports of vessels linked to the affected companies.Russia shells Ukraine’s Odessa as US pledges fresh arms for Kyiv
Russian President Vladimir Putin has said the West and Ukraine are responsible for the ongoing war, telling his country's Victory Day parade that Russia now faces an 'absolutely unacceptable threat.'Russia readies Victory Day parade as fight for east Ukraine rages
Russia will celebrate its 1945 victory over Nazi Germany Monday with a show of military might as its army battles Kyiv's forces in the east of Ukraine, where 60 people were killed in an air strike on a school sheltering civilians. Ukrainian President Volodymyr Zelensky confirmed that 60 were killed...G7 countries pledge to stop Russia oil imports
The G7 club of wealthy nations committed Sunday to phasing out its dependency on Russian oil and issued a scathing statement accusing President Vladimir Putin of bringing "shame" on Russia with his invasion of Ukraine. The statement from the Group of Seven -- France, Canada, Germany, Italy, Japan, Britain and...Nigerian airlines suspend flights over soaring fuel prices
The cost of fuel has soared worldwide since Russia invaded its neighbor Ukraine in February and the West responded by slapping sanctions on Moscow. The rising price of fuel has caused prolonged power blackouts in Nigeria in recent weeks.EU chief calls Spain-France gas connections ‘critical’
Last week Russia cut off gas supplies to Poland and Bulgaria as the Kremlin reacted to tightening EU sanctions.EU members seek opt-outs from Russian oil embargo
European officials were preparing a new package of sanctions Tuesday to punish Russia for its invasion of Ukraine, but some members are jockeying to opt out of an oil embargo. Several EU officials and European diplomats in Brussels told AFP that they expected the European Commission to hand over the...Sanction-hit Russian carmaker asks Iran for spare parts: Report
A Russian carmaker has asked Iran to supply it with key components it cannot access due to Western sanctions imposed after the invasion of Ukraine, Tehran's state media reported. Hossein Bahrainian, from the Iranian Auto Parts Makers Association, said a Russian automaker had enquired about purchasing parts, without specifying the company by...European Union readies for end of Russia gas, warns won’t pay in ruble
The European Union warned member states Monday to prepare for a possible complete breakdown in gas supplies from Russia, insisting it would not cede to Moscow's demand that imports be paid for in rubles. The European Commission will on Tuesday propose to member states a new package of sanctions to...Iran says ‘political’ issues still holding up nuclear deal
Iran said Wednesday that "technical issues" in the now-paused negotiations to restore its 2015 nuclear agreement with world powers have been resolved, but "political" issues persist ahead of concluding any deal.Biden has ‘no plans’ to visit Ukraine: W.House
A string of European leaders have made the trip to Kyiv and met with Zelensky.US firm on nuclear accord as Iran casts blame
US officials warned that Iran's advances could eventually make a return to the JCPOA pointless.As major economies meet, US looks to increase pressure on Russia
Russian officials are expected to participate remotely in this year's G20 meeting led by Indonesia.Iran says preliminary deal reached on frozen funds abroad
Tens of billions of dollars in Iranian money were blocked in many countries including China, South Korea and Japan.S&P degrades Russia’s forex payments rating to ‘selective default’
Credit rating agency S&P Global Ratings on Saturday downgraded Russia's foreign currency payments rating to "selective default" after Moscow paid a dollar-denominated debt in rubles this week.Russia’s ruble stages rebound despite Western sanctions
After a historic collapse in the wake of Russia's military offensive in Ukraine, the ruble has staged a spectacular bounceback, supported by strict capital controls and energy exports. Four days after President Vladimir Putin sent troops into the pro-Western country, the central bank more than doubled its key interest rate...EU approves Russia coal embargo, proposes more arms to Ukraine
The European Union on Thursday said it had approved an embargo on Russian coal and the closing of the bloc's ports to Russian vessels over the Ukraine war. An official from the French presidency of the European Council said the moves spearhead a "very substantial" fifth round of sanctions against...



















































