The United States and its European allies have devised a plan to impose a price cap on Russian oil in “the next few days” in an effort to slash Moscow’s oil revenues. A senior US Treasury Department official told reporters on Tuesday that the US and the European Union (EU) ...
Iran’s Foreign Ministry has denounced as “baseless, illegal and meddlesome” the new rounds of sanctions on the country by the European Union and the UK over what they called Tehran’s use of force in recent riots. In a statement on Tuesday, Foreign Ministry spokesman Nasser Kanaani said that Iran reserves ...