The US Treasury Department has announced sanctions against the Russian bank Evrofinance Mosnarbank over its dealings with Venezuela's state-owned oil company PDVSA, part of US-led efforts to oust the democratically elected government of President Nicolas Maduro.
The European Commission said it’s seeking to launch “very soon” a special purpose vehicle to help European companies bypass US sanctions on Iran, with three European diplomats saying the official unveiling could come as early as Monday.
Iran’s United Nations envoy said the United States’ threat of imposing more sanctions on the Islamic Republic violates both the Amity pact between the countries and a UN court ruling against Washington.
Turkish President Recep Tayyip Erdogan says his country will never give in to threats of sanction by the United States over the trial of an American pastor, accusing the NATO ally of displaying a "Zionist mentality."
President of the European Commission Jean-Claude Juncker has warned the EU will take retaliatory measures “within days” if the newly-signed US sanctions against Russia target businesses in the European Union (EU).
Venezuelan President Nicolas Maduro has denounced as “illegal” the new economic sanctions leveled by the United States against Venezuelan officials over a controversial government plan for rewriting the constitution.