Sanctions and embargoes

In this May 2, 2013 photo the Liberian-flagged oil tanker Mesdar is seen at an unknown location. British Foreign Secretary Jeremy Hunt confirmed Friday July 19, 2019 that Iran had seized one British, the Stena Impero, and one Liberian-flagged vessel, Mesdar, in the Strait of Hormuz. It was the latest escalation of tension in the strategic waterway that has become a flashpoint in tensions between Tehran and the West. (John Pitcher via AP) MANDATORY CREDIT
July 20, 2019 - 7:04 pm
Seizures of oil tankers and other hostile Iranian measures in the Strait of Hormuz are already raising insurance rates for shipping companies and could eventually reduce tanker traffic in the vital waterway, with a spike in global oil prices a serious risk even without war, energy and maritime...
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FILE - In this Thursday, July 4, 2019 file photo, a Royal Marine patrol vessel is seen beside the Grace 1 super tanker in the British territory of Gibraltar. Taken on its own, Iran’s seizure of a British-flagged oil tanker in the Strait of Hormuz may seem like a brazen act of aggression, a provocative poke in the nose to both Britain and its chief ally, the United States. But Iran seems to view the armed takeover of the Stena Impero as a carefully calibrated response to the July 4 taking of an Iranian supertanker off the coast of Gibraltar, an operation in which Britain’s Royal Marines played a major role. (AP Photo/Marcos Moreno, File)
July 20, 2019 - 9:10 am
LONDON (AP) — Taken on its own, Iran's seizure of a British-flagged oil tanker in the Strait of Hormuz may seem like a brazen act of aggression, a provocative poke in the nose to both Britain and its ally, the United States. But Iran seems to view the armed takeover of the Stena Impero as a...
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In this May 5, 2019 photo issued by Karatzas Images, showing the British oil tanker Stena Impero at unknown location, which is believed to have been captured by Iran. Iran's Revolutionary Guard announced on their website Friday July 19, 2019, it has seized a British oil tanker in the Strait of Hormuz, the latest provocation in a strategic waterway that has become a flashpoint in the tensions between Tehran and the West. (Basil M. Karatzas, Karatzas Images via AP) MANDATORY CREDIT
July 19, 2019 - 8:56 pm
LONDON (AP) — Iran seized a British-flagged oil tanker Friday and briefly detained a second vessel in the Strait of Hormuz, intensifying tensions in the strategic waterway that has become a flashpoint between Tehran and the West. The seizing of the British tanker marked perhaps the most significant...
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In this undated photo issued Friday July 19, 2019, by Stena Bulk, showing the British oil tanker Stena Impero at unknown location, which is believed to have been captured by Iran. Iran’s Revolutionary Guard announced on their website Friday July 19, 2019, it has seized a British oil tanker in the Strait of Hormuz, the latest provocation in a strategic waterway that has become a flashpoint in the tensions between Tehran and the West. (Stena Bulk via AP)
July 19, 2019 - 5:02 pm
TEHRAN, Iran (AP) — The Latest on developments related to tensions between the U.S and Iran (all times local): 1:25 a.m. The semi-official Fars news agency is reporting that a second oil tanker detained by Iranian forces has been released and has left Iranian waters. Fars reported Friday that the...
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July 19, 2019 - 6:25 am
BEIJING (AP) — China urged Washington on Friday to "correct" sanctions imposed on Chinese companies accused of helping Iran acquire materials for its nuclear program. U.S. pressure on Iran and its "long-arm jurisdiction" against companies in third countries is the "root cause" of tension with...
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President Donald Trump calls to the media as he waits to greet Dutch Prime Minister Mark Rutte as he arrives at the White House in Washington, Thursday, July 18, 2019. (AP Photo/Carolyn Kaster)
July 18, 2019 - 11:27 pm
WASHINGTON (AP) — A U.S. warship on Thursday destroyed an Iranian drone in the Strait of Hormuz after it threatened the ship, President Donald Trump said. The incident marked a new escalation of tensions between the countries less than one month after Iran downed an American drone in the same...
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Iran's Foreign Minister Javad Zarif addresses the High Level Political Forum on Sustainable Development, at United Nations headquarters, Wednesday, July 17, 2019. (AP Photo/Richard Drew)
July 17, 2019 - 8:41 pm
UNITED NATIONS (AP) — The U.S. is tightly limiting travel by Iranian officials visiting or assigned to the United Nations, sparking concern from the world body. Representatives to the U.N. from Iran and some other countries have long had some limitations on their movements. But the new rules for...
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Iranian Foreign Minister Mohammad Javad Zarif, right, shakes hand with French presidential envoy Emmanuel Bonne, as they pose for photos, in Tehran, Iran, Wednesday, July 10, 2019. France sent Bonne to Tehran to urge Iran to return to complying with the terms of the deal "without delay." (AP Photo/Ebrahim Noroozi)
July 16, 2019 - 10:37 pm
DUBAI, United Arab Emirates (AP) — The Latest on tensions in the Persian Gulf amid a crisis between the United States and Iran (all times local): 5:30 a.m. Iran's state-run media is quoting the country's Foreign Ministry spokesman as saying the Islamic Republic helped an oil tanker in the Strait of...
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FILE - In this March 10, 2019, file photo, Iranian Foreign Minister Mohammad Javad Zarif attends a press conference with his Iraqi counterpart Mohamed Alhakim at the Ministry of Foreign Affairs building in Baghdad, Iraq. Zarif for the first time suggested his country's ballistic missile program could be on the table for negotiations with the U.S. - if America stops selling arms to its Gulf allies in the Mideast, Monday night, July 15, 2019. (AP Photo/Hadi Mizban, File)
July 16, 2019 - 11:12 am
DUBAI, United Arab Emirates (AP) — A small oil tanker from the United Arab Emirates traveling through the Strait of Hormuz entered Iranian waters and turned off its tracker two days ago, leading the U.S. to suspect Iran seized the vessel amid heightened tensions in the region, an American defense...
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In this Tuesday, July 9, 2019 photo, a helicopter flies near Turkey's drilling ship, 'Fatih' dispatched towards the eastern Mediterranean, near Cyprus. Turkish officials say the drillships Fatih and Yavuz will drill for gas, which has prompted protests from Cyprus.(Turkish Defence Ministry via AP, Pool)
July 16, 2019 - 8:29 am
ANKARA, Turkey (AP) — Turkey on Tuesday rejected as "worthless" an initial set of sanctions approved by the European Union against Ankara, and vowed to send a new vessel to the eastern Mediterranean to reinforce its efforts to drill for hydrocarbons off the island of Cyprus. EU foreign ministers on...
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