Ukraine has launched drone attacks on two oil refineries located deep within Russian territory, causing significant damage and fires. This action marks a continued effort by Ukraine to target Russian energy infrastructure.
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The United States has sanctioned a Dubai-based cryptocurrency exchange, accusing it of facilitating money laundering for Iran's Islamic Revolutionary Guard Corps (IRGC). This action follows a Reuters report detailing the alleged illicit financial activities.
The US government announced new measures targeting a network of currency exchange houses and shell companies allegedly used by Iran to secretly transfer hundreds of millions of dollars.
A US Senate sanctions bill targeting buyers of Russian energy could disrupt crude supplies, tighten global oil markets, and pose risks to India's energy security, according to a Kpler report.
An article in Javan evaluates Iran’s economic policymaking, arguing that a significant portion has focused on foreign sanctions and strategies to counter them. The piece suggests structural reform as a path toward economic progress and improvement.
Iran states it is in the final stages of a shipping accord with Oman, but analysts caution that sanctions, security concerns, and conflicting US-Iran goals could limit its effectiveness.
India is expressing concern about potential 100% US tariffs that could be imposed due to a Russian sanctions bill, impacting India as a major consumer of Russian oil.
Former Republican state congressman David Brat, who once advocated for a merger of Christianity and capitalism, has been confirmed by the US Senate as the next US ambassador to Australia.
The European Union has announced new sanctions targeting Russian defence leaders, citing their involvement in civilian strikes during the ongoing war in Ukraine.
US Senators Wyden and Paul have voiced opposition to imposing 100% tariffs on India and China during a debate on a Russia sanctions bill, citing potential negative impacts on the US.
Senate Republicans are grappling with multiple legislative demands, including a stopgap funding bill, presidential nominees, Russia sanctions, and a budget bill, as a scheduled recess approaches and a government shutdown looms.
The US 'maximum pressure campaign' against Iran, involving naval blockades, sanctions, and air strikes, is reportedly exposing the country's economic vulnerabilities.
The US Senate has passed a bill imposing new sanctions on Russia, which includes a provision for 100% tariffs on India and China if they continue to purchase Russian oil. This move comes amid ongoing concerns about Russia's actions in Ukraine and potential threats to NATO allies.
Opposition parties are calling for disciplinary action against FdI's Bignami for making offensive and false statements about former President Scalfaro. They have written to Fontana, urging sanctions for Bignami's remarks.
The US Senate has advanced a significant cryptocurrency bill, following extensive lobbying by the crypto industry which spent over $119 million backing pro-crypto candidates in the 2024 election to push for the Clarity Act and stablecoin law.
A Belgian company is reportedly seeking an exception to continue its operations in Russia's drone manufacturing hub, despite ongoing international sanctions.
Congress leader Pawan Khera raised concerns about India's autonomy in purchasing Russian oil, criticizing the government's reluctance to address Parliament on the issue and expressing solidarity with Ukraine.
The European Commission president, Ursula von der Leyen, welcomed the US Senate's vote on sanctions against Russia, stating that coordinated US and EU sanctions could further reduce Russia's revenues and resources for its war against Ukraine.
US senators have introduced bipartisan legislation that would authorize $200 million annually in security assistance for Lebanon's armed forces and impose sanctions on foreign entities supporting Hezbollah, aiming to secure peace in the country.
Georgia has launched an investigation into a suspected breach of Russian sanctions after an Azerbaijani lorry was stopped, following reports of delays for Azerbaijani lorries at Georgian customs.
Cuba is facing its worst economic and social crisis in decades, while the United States, under Trump, is intensifying sanctions and pressure on the regime, raising questions about the motivations behind Washington's actions and their potential extent.
The US Senate advanced a landmark crypto bill before its August recess, but the legislation later stalled despite significant spending. This occurred amidst discussions about potential tariffs on countries like Hungary for purchasing Russian oil and gas, and the broader implications for nations like India and China.
The US Senate has again postponed the vote on the CLARITY Act, a crypto market structure legislation, until after its August recess, with Republican leaders expected to delay consideration until September.
The U.S. Treasury Department has sanctioned SHPS Shelbit, a Georgia-based cryptocurrency firm, and its owner for facilitating crypto transactions linked to Iran's Islamic Revolutionary Guard Corps and evading sanctions.
Pakistan has sanctioned 10 billion rupees for its textile and export sectors, implementing duty drawback and technology upgradation schemes to boost liquidity and support growth.
Cuba is grappling with a severe energy crisis compounded by economic collapse and escalating US sanctions, leaving its citizens struggling with power outages, fuel shortages, and lack of internet access.
A White House official addressed concerns that new US legislation targeting Russia and its petroleum buyers, including India and China, could affect the India-US trade deal.
Democrats are reportedly gaining momentum in pivotal US Senate and governor's races in Texas, with James Talarico leading Ken Paxton, signaling a potential shift in the Republican stronghold.
The US Treasury has announced sanctions against a UAE-based cryptocurrency exchange, alleging its involvement in an Iran sanctions evasion scheme. Treasury Secretary Scott Bessent stated the department would dismantle illicit financial networks supporting the Iranian regime.
A bipartisan group of influential US lawmakers has called on the Trump administration to reimpose sanctions on officials from Bosnia's Republika Srpska and condemned recent Srebrenica hearings.
The Senate is preparing for a challenging fall session, with a packed agenda that includes Todd Blanche's confirmation, government funding, the SAVE America Act, and college sports NIL regulation.
The UK has sanctioned Ozon Bank and several 'shadow fleet' vessels as part of its latest crackdown, though Ozon Bank stated the move would not affect its operations as it conducts business only within Russia.