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 - 7:34 pm
TEHRAN, Iran (AP) — The Latest on developments related to tensions between the U.S and Iran (all times local): 4 a.m. Energy experts say recent seizures and attacks aimed at oil tankers in the Strait of Hormuz will raise insurance rates for shipping companies and, if unchecked, could reduce tanker...
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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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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 - 11:07 am
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): 7:05 p.m. An Emirati official says a small oil tanker that's based in the United Arab Emirates offered no distress call before switching off its tracker...
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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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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 15, 2019 - 7:15 pm
BRUSSELS (AP) — European Union foreign ministers on Monday turned up the pressure on Turkey after approving an initial batch of sanctions against the country over its drilling for gas in waters where EU member Cyprus has exclusive economic rights. The ministers said in a statement that in light of...
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European Union foreign policy chief Federica Mogherini, left, talks to Spain's Foreign Minister Josep Borrell during a European Foreign Affairs meeting at the European Council headquarters in Brussels, Monday, July 15, 2019. European Union nations were looking to deescalate tensions in the Persian Gulf area on Monday and call on Iran to stick to the 2015 nuclear deal, despite the pullout of the United States from the accord and the re-imposition of U.S. sanctions on Tehran. (AP Photo/Francisco Seco)
July 15, 2019 - 1:03 pm
BRUSSELS (AP) — European Union nations threw their diplomatic weight behind the unraveling Iran nuclear deal on Monday, trying to rescue the pact from collapsing under U.S. pressure. The 28 EU foreign ministers insisted that recent Iranian actions surpassing uranium enrichment thresholds set by the...
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