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India to keep buying Iranian oil despite US sanctions

India will buy 9 million barrels of Iranian oil in November, two industry sources said, indicating that the world’s third-biggest oil importer is to continue purchasing crude from the Islamic republic despite US sanctions coming into force on November 4. “Refiners have placed November nominations to lift 1.25 million tonnes …

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US hits Hezbollah with new sanctions

Taking aim at Iran’s global footprint, the Trump administration on Friday hit six people and seven businesses linked to Hezbollah with terror sanctions, calling it “the first wave” in a pressure campaign that will escalate throughout the year. The sanctions aim to squeeze Hezbollah financier Adham Tabaja, who is already …

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