Punishment for buying oil from Iran, US imposes sanctions on companies of India, Pakistan

The US has imposed sanctions on six companies and several ships involved in oil and petrochemical trade with Iran. These include one firm each from India and Pakistan. This action is part of the US ... Read More

If nations buy Iranian oil, then they will be subject to secondary ...

US President Donald Trump on Thursday threatened to impose sanctions on any buyer of Iranian oil and said that they will not be allowed to do business with the United States in any form, after a ... Read More

Trump says China ‘can now continue to purchase oil from Iran’—but he hopes Beijing will buy U.S. crude instead

In a social media post on Tuesday, Trump wrote that “China can now continue to purchase oil from Iran.” That would be a major shift in U.S. policy, which has tried to constrai ... Read More

Trump says China can buy Iranian oil, but urges it to purchase US crude

U.S. President Donald Trump said on Tuesday that China can continue to purchase Iranian oil after Israel and Iran agreed to a ceasefire, a move that the White House clarified did not indicate a ... Read More

Trump threatens to slap sanctions, cut off business with countries that ...

US crude oil futures jumped to $59.24 a barrel, marking an increase of about $1.03, or 1.77%, following the announcement. Oil remains a top revenue source for Iran and a valuable export. Read More

US imposes sanctions on a Chinese refinery accused of buying Iranian oil

WASHINGTON — The Treasury Department imposed sanctions Wednesday on a Chinese refinery accused of purchasing more than $1 billion worth of Iranian oil, saying the proceeds help finance both ... Read More

If nations buy Iranian oil, then they will be subject to ... - MSN

U S President Donald Trump on Thursday threatened to impose sanctions on any buyer of Iranian oil and said that they will not be allowed to do business with the United States in any form, after a ... Read More

Trump Says China Can Buy Iranian Oil, but Urges It to Purchase US Crude

Trump Says China Can Buy Iranian Oil, but Urges It to Purchase US Crude By Timothy Gardner (Reuters) -U.S. President Donald Trump said on Tuesday that China can continue to purchase Iranian oil ... Read More

Trump threatens to slap sanctions, cut off business with ... - MSN

President Trump on Thursday threatened to slap secondary sanctions and cut off business with foreign countries that purchase Iranian oil products, hours after planned nuclear talks with Tehran ... Read More

US imposes sanctions on a Chinese refinery accused of buying Iranian oil

The Treasury Department has imposed sanctions on a Chinese oil refinery that's accused of purchasing more than $1 billion worth of Iranian oil. Read More