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Iran boosts oil production, condemns new sanctions

Iran boosts oil production, condemns new sanctions

Iran announced a major boost in oil production Monday after the lifting of sanctions under its nuclear deal, while condemning new US measures against its missile programme.

India looks to raise oil imports from Iran as sanctions lifted

India looks to raise oil imports from Iran as sanctions lifted

With crippling international sanctions against Iran ending, India is looking to increase crude oil imports from the Persian Gulf nation and get oilfield contracts but faces an immediate USD 5.8 billion payout in past oil dues.

EU adds 11 people to Ukraine sanctions blacklist

The European Union on Thursday slapped a travel ban and asset freeze on 11 people allegedly linked to separatist violence in eastern Ukraine.

EU signs trade pact with Ukraine, threatens sanctions on Russia

The European Union signed an historic free-trade pact with Ukraine on Friday and warned it could impose more sanctions on Moscow unless pro-Russian rebels act to wind down the crisis in the east of the country by Monday.

France says proposed US fine on BNP Paribas 'unreasonable'

France's foreign minister on Tuesday labelled as "unreasonable" a USD 10-billion-dollar fine the US is reportedly seeking from BNP Paribas bank on charges of violating sanctions on Iran, Sudan and Cuba.