Tag Archives: US sanctions on Iran
Standard Chartered to pay $340m penalty
Standard Chartered has agreed to pay a $340m settlement to New York regulators after it was accused of helping Iranian clients dodge US sanctions.
The Department of Financial Services alleged that SCB systematically hid $250bn worth of Iranian...
Iran crisis: US to apply fresh oil sanctions
US President Barack Obama has approved the introduction of fresh sanctions on buyers of Iranian oil.
In a statement, Mr Obama said US allies boycotting Iranian oil would not suffer negative consequences because there was enough oil in the world...
US exempts Japan and EU nations from Iran oil sanctions
The US government will not impose sanctions on Japan and 10 European Union nations that have reduced their oil imports from Iran.
Ordered by Congress in December, the sanctions aim to punish countries that continue to buy oil from Iran.
China,...
