Trump sanctions
Iran's Currency Crisis: Rial Hits Record Low of 1.2 Million to Dollar Amid Tightening Sanctions
Dec 04, 2025 12:04 am CST
Iran's rial has plummeted to an unprecedented 1.2 million to the US dollar as renewed nuclear sanctions devastate the economy. With Trump's "maximum pressure" campaign and UN sanctions reimposed, Iranians face soaring food prices and infrastructure concerns while the currency has lost over 97% of its value since the 2015 nuclear deal.
Brazil Reinforces Democratic Principles: Former President Bolsonaro Imprisoned for Failed Coup Attempt
Nov 27, 2025 07:43 am CST
Brazil's President Lula declares a victory for democracy as former president Jair Bolsonaro begins a 27-year sentence for plotting a coup, marking the first imprisonment of a former president for attempting to overthrow the government in Brazil's 500-year history. Despite international pressure and Bolsonaro's appeals, the Supreme Court finalized the conviction, demonstrating that democratic principles apply equally to all citizens.
Russian Oil Giant Lukoil to Divest International Assets Following US Sanctions Over Ukraine Conflict
Oct 28, 2025 05:54 am CST
Russian oil company Lukoil has begun the process of selling its international assets after being targeted by US sanctions related to the Ukraine war. The sanctions, imposed by President Trump, freeze Lukoil's US assets and prohibit American companies from doing business with the energy giant, which along with Rosneft accounts for 55% of Russia's oil production. Companies working with these Russian entities have one month to cut ties or face secondary sanctions.
Oil Prices Surge as Trump Imposes "Massive" Sanctions on Russian Energy Giants Amid Mixed Global Market Performance
Oct 24, 2025 01:56 am CST
Wall Street exhibits minimal movement while oil prices jump 5.6% following President Trump's announcement of major sanctions against Russian oil companies Rosneft and Lukoil, aimed at pressuring Putin to negotiate an end to the Ukraine war. Meanwhile, Tesla shares decline on disappointing earnings while global markets show mixed performance amid geopolitical and economic developments.
Trump's Tariffs on India Over Russian Oil Purchases: Impact on Moscow-Delhi Relations and US-India Trade Negotiations
Sep 26, 2025 01:29 pm CST
This article examines NATO Secretary-General Mark Rutte's claims that US President Donald Trump's tariffs on India for purchasing Russian oil are significantly impacting Moscow-Delhi relations. The piece details recent diplomatic exchanges between Modi and Putin, Trump's calls for NATO countries to impose similar measures, and ongoing US-India trade negotiations aimed at resolving tensions over the 50% tariffs imposed on Indian goods.