Sanctions

The waiver comes just weeks before November’s midterm elections, with the US president under pressure over high energy prices

The rial has lost nearly 35% of its value against the US dollar since July

A Russian firm said to have helped the Islamic Republic buy goods is also targeted

Iranian president seeks to distance Tehran from the Houthis as they advance in Yemen

Prices climbed to their highest since mid-May on Aug 25

China says its cooperation with Iran was conducted within the framework of international law and should not be interfered with

US’ Bessent tells Teheran’s trading partners to cut ties

Any major concession on Iran by China would likely require a US offer of equal magnitude

[SINGAPORE] The US imposed sanctions on Singapore-based Wellbred Capital and its trading firms in the United Arab Emirates (UAE) and Switzerland, citing links with Iran, as it steps up measures to tar...