#Economicsanctions

Peter Thiel-backed startup Erebor Bank has pitched itself to top Venezuelan officials on restoring the sanctioned country’s access to the US financial system, an unexpected play by a new firm that’s stepping into a politically sensitive market many global…

An India-bound fertilizer shipment booked under an April tender has been scrapped after officials raised concerns over links to Iran, according to people with direct knowledge of the matter.

Canadian miner Sherritt International Corp.’s decision to shut down its nickel operations in Cuba under US duress will weigh heavily on an economy that’s already starved for hard currency and fuel.

Venezuela announced emergency measures to stabilize its power grid after electricity consumption hit a nine-year high this week, reviving memories of blackouts and rationing that once crippled the economy.

Bulgaria’s parliament voted in the nation’s first single-party government with a majority this century after Rumen Radev’s landslide victory, ushering in another European Union leader critical of the bloc’s mainstream.

Sherritt International Corp. halted joint venture activities in Cuba after President Donald Trump expanded US sanctions on the communist-run Caribbean country.

China ordered companies in the country not to comply with US sanctions on five domestic refiners linked to the Iranian oil trade, in a defiant move aimed at softening the impact of penalties.

Stocks and bonds can rally in tandem as the Iran conflict moves closer to a resolution that avoids escalation, even as the stalemate around the Strait of Hormuz continues, according to Citadel Securities.

By blacklisting major player Hengli, Washington hopes to strengthen its hand in peace talks.

A US move to sanction one of China’s largest private refiners over ties to Iran will hurt a vast and already embattled petrochemicals sector — but the collateral damage will extend far beyond oil.

US officials reversed themselves and will now allow Nicolás Maduro and his wife to pay lawyers with Venezuelan funds as they defend themselves in the drug-trafficking case against them in New York.

The US sanctioned a Chinese oil refinery as well as dozens of shipping firms and vessels that transport Iranian oil, as the Trump administration ramps up economic pressure on Tehran ahead of diplomatic talks.