US slaps Iran-related sanctions on oil tankers, China 'teapot' refinery

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‘MINIMAL PRESSURE’ Analysts have said Washington has pursued a path of incremental sanctions, avoiding imposition of measures on big Chinese banks that assist in transactions, a move that could provoke Beijing to retaliate economically. “The strategy appears to target China as a means to pressure Iran, applying only minimal pressureContinue Reading

Trump threatens new Russia sanctions over Ukraine attacks

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WASHINGTON: President Donald Trump on Friday (Mar 7) threatened new sanctions and tariffs on Russia over its bombardments of Ukraine, after previously suspending US aid to Kyiv in a stated bid to encourage diplomacy. “Based on the fact that Russia is absolutely ‘pounding’ Ukraine on the battlefield right now, IContinue Reading