Washington, March 30 (IANS) US President Donald Trump said Cuba “will be next” to face collapse, describing the island nation as a failing state while signalling Washington’s willingness to allow oil shipments to ease conditions for its people.“Cuba’s gonna be next… Cuba’s a mess. It’s a failing country and they’re gonna be next,” Trump told reporters aboard Air Force One.He said the United States would step in to support Cuban Americans and others affected. “We will be the…
Latest US sanctions News & Updates
New Delhi, March 26 (IANS) Reliance Industries Limited (RIL) on Thursday refuted reports that it has purchased Iranian crude, calling these reports “baseless”.Reports earlier claimed that RIL had purchased 5 million barrels of Iranian crude after the US administration temporarily removed sanctions on Iranian oil at sea.According to the report, RIL bought the oil from the National Iranian Oil Co.”Reliance Industries Limited categorically rejects recent media reports that the company has pur…
Washington, March 6 (IANS) In a significant development, in the wake of the ongoing Iranian war, the Trump administration authorised a one-month window for India to import Russian crude oil.”President Trump’s energy agenda has resulted in oil and gas production reaching the highest levels ever recorded. To enable oil to keep flowing into the global market, the Treasury Department is issuing a temporary 30-day waiver to allow Indian refiners to purchase Russian oil,” Bassent said.”This delibera…
Washington, Feb 15 (IANS) The Pentagon said on Sunday that US forces intercepted and boarded another Venezuela-linked oil tanker in the Indian Ocean overnight. The vessel, named Veronica III, was tracked by US authorities from the Caribbean Sea to the Indian Ocean before being stopped and inspected, the Pentagon said in a statement on social media platform X.”Overnight, US forces conducted a right-of-visit, maritime interdiction and boarding of the Veronica III without incident in the INDOPACOM …
Washington, Jan 9 (IANS) The White House is prepared to allow India to buy Venezuelan oil under a new US-controlled framework, according to a senior administration official, signaling a potential reopening of supplies to one of Venezuela’s largest pre-sanctions customers as Washington moves to market the country’s crude globally.Asked whether the United States was ready and willing to allow India to purchase Venezuelan oil, given India’s large energy needs, an administration official respo…