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News 2026-09-18 22:27 UTC

ANALYSIS — Russia sanctions bill gives Trump sweeping new tariff powers

Top five buyers of Russian oil, gas face tariffs of up to 100% Top-five facilitators of sanctions evasion also face tariffs Critics say lack of specific targets gives Trump great leeway (Updates with Trump signing bill in lead paragraph) By Andrea Shalal WASHINGTON, Sept 18 (Reuters) — The Russia sanctions billsigned i

News 2026-09-18 20:22 UTC

ANALYSIS — Russia sanctions bill gives Trump sweeping new tariff powers

Top five buyers of Russian oil, gas face tariffs of up to 100% Top-five facilitators of sanctions evasion also face tariffs Critics say lack of specific targets gives Trump great leeway Trump to sign bill later Friday By Andrea Shalal WASHINGTON, Sept 18 (Reuters) — The Russia sanctions bill passed by Congress this wee

News 2026-09-06 05:51 UTC

Iran rial hits record low amid US oil blockade

Iran’s economy is starting to buckle six months into its war with the United States and Israel under the weight of a near-total oil export blockade imposed by the U.S. military. The United States has intensified economic pressure on Tehran, a campaign that President Donald Trump had previewed as "economic D-Day" for Ir

News 2026-08-25 09:57 UTC

Crude slides below $83 as US tightens Iran sanctions

Crude oil fell below $83 per barrel on Tuesday as the US intensified economic pressure on Iran and trading partners, alongside reports of incidents involving tankers near Oman and in the Red Sea.