Quantcast

Posts related to ‘Iranian sanctions’

bank vault

$327 Million Fine for Standard Chartered on Iranian Charges

Posted: December 10, 2012 at 11:05 am

Britain’s Standard Chartered plc has agreed to pay $327 million in fines related to charges that the bank hid some $250 billion in transactions for Iranian clients. Such transactions are ...
Read Full Story »

US Adds Iranian Oil Tankers to Sanctions List

Posted: July 13, 2012 at 7:45 am

In an effort to get around European sanctions on the sale of its crude oil, Iran changed both the names and the flag of many of its crude tankers. The ...
Read Full Story »

US Adds Seven to List of Nations Exempt from Enforcing Iran Sanctions

Posted: June 12, 2012 at 7:28 am

US Secretary of State Hillary Clinton yesterday issued a statement reporting that she will report to Congress that an additional 7 countries have been added to a list of 11 ...
Read Full Story »

Crude Shakes Off Gains; India Cancels Iran Shipments

Posted: June 11, 2012 at 2:17 pm

The $125 billion bailout of Spain’s banks put some life in US stocks this morning, and boosted Brent crude prices to more than $102/barrel before tumbling back to below $98/barrel ...
Read Full Story »

Iran Trading Oil for Junk

Posted: March 30, 2012 at 7:59 am

The Islamic Republic of Iran has been forced to begin trading its oil for goods as the US-led imposition of sanctions make it increasingly difficult for the country to obtain ...
Read Full Story »