At least 13 countries have expressed their interest in purchasing the Russian S-400 Triumph surface-to-air missile systems instead of US equipment despite the likelihood of provoking Washington’s sanctions, media reported citing people with first-hand knowledge of a US intelligence assessment. [...]

The Iranian Central Bank has been cut off the SWIFT financial messaging system, the US Treasury Department has said. Disconnection makes it more difficult for the Islamic Republic to settle import and export bills. [...]

New sanctions placed on Iran by US President Donald Trump are likely to have the reverse effect the White House is hoping for, according to new reports, as Tehran’s petroleum exports are set to increase just as Washington’s restrictions commence. [...]

US threatens to smack SWIFT if it allows transactions in violation of Iran sanctions. US Treasury Secretary Steven Mnuchin has warned global financial messaging service SWIFT on Friday that it could be penalized if it doesn’t cut off financial services to entities and individuals doing business with Iran. [...]

The US, Canada and EU states have suffered economic setbacks as a result of imposing anti-Russian sanctions, but a recent report suggests that certain countries have been affected more than others. [...]

European countries have vowed to maintain “effective financial channels” and to keep trading with Tehran after the US announced that the EU is not among those spared from its sweeping sanctions against Iran. [...]

NASA managed to convince the White House to ‘temporarily’ lift the travel ban imposed on Russian space chief Dmitry Rogozin so he could pay a visit to the US, the head of NASA said on Friday. NASA “succeeded” in temporarily “removing” the head of the Russian national space agency ‘Roscosmos’ from the sanctions list, Jim Bridenstine told TASS news agency. [...]

The US sanctions threat against Saudi Arabia will likely remain only a threat, analysts have told RT. The kingdom is a major buyer of American arms and is also a huge holder of US Treasury bonds which makes sanctions improbable. [...]

Washington’s aggressive policy against Moscow could be a sufficient reason behind the recent fall of the dollar’s share of global central-bank reserves, according to economist at US multinational investment bank Goldman Sachs.  Russia’s Central Bank has sold some $85 billion of its $150 billion holding of the US assets from April through June after the US Treasury Department announced new s [...]

Washington’s sanctions against Tehran would fundamentally change other countries’ economic cooperation with the Islamic Republic, the Financial Times has written. EU finance ministers will try to persuade the US administration not to disconnect Iran from the international payment system SWIFT, the newspaper reported on Tuesday. [...]

US steel and aluminum tariffs are in reality economic sanctions, Russian President Vladimir Putin said at his annual Q&A session. “Apparently, our partners thought they would never be affected by such a counterproductive policy related to restrictions and sanctions. However, we see now that it is happening.” [...]

China has canceled the visit of its Navy commander to the US, in response to the sanctions imposed by Washington against Beijing over its military cooperation with Russia, the Chinese Ministry of National Defense said. On Thursday, the US State Department imposed sanctions against Beijing’s defense procurement agency, the Equipment Development Department (EED), for its “significant transaction [...]

China has hit back at US attempts to force it out of multiple billion-dollar arms deals with Russia, with a defense spokesperson stating that Washington has “no right to interfere” in the dealings of two sovereign states. Wu Qian’s comments come after the US State Department imposed sanctions on Thursday against Beijing’s defense procurement agency, the Equipment Development Department (EE [...]

After the US imposed sanctions on China for buying a Russian air defense system, Saudi Arabia, which is in talks to purchase it as well, hopes it won't suffer the same fate. It is, after all, one of Washington's best friends. [...]

Beijing has threatened that Washington will face “consequences” if it doesn’t withdraw the recent batch of sanctions against China over military cooperation with Russia. China’s Foreign Ministry did not mince words, saying Washington should immediately correct its “mistakes” before it’s too late or face the consequences for the decision. [...]

The proposed US sanctions targeting Russian bonds, OFZs, will likely hurt not only Moscow, but also numerous holders of such bonds in the West, an analyst has said. The measure was proposed by a group of US senators lead by Republican Lindsey Graham. [...]

Russian-owned assets in the United States worth hundreds of millions of dollars have been frozen as part of Washington’s sanctions campaign against Moscow since 2013, said US Deputy Secretary of the Treasury Sigal Mandelker. “The actions of the US Treasury have had significant consequences for the financial interests of individuals and businesses that were affected, including the blocking of h [...]

Moscow responded to fresh sanctions placed by Washington on Monday over an alleged chemical weapons attack in the United Kingdom last March. Russian officials have slammed the United States and United Kingdom for their hypocrisy and reminded them of their own troubled past concerning chemical weapons usage. [...]

Qatar and Turkey have inked a currency swap agreement to boost liquidity and provide financial stability, Qatar’s central bank said, days after Doha pledged $15 billion of direct investment into Turkish markets. The deal, which aims to boost cooperation between the countries, was clinched on Friday. The agreement will set up a two-way currency exchange line and facilitate exchange of trade betwe [...]

The United States has been ramping up pressure on countries around the world in an effort to bring Iran’s oil revenue “down to zero.” Turkey will have no part in possible US sanctions on Iran, the newspaper Dunya reported, citing the country’s Foreign Minister Mevlut Cavusoglu. “We had a US delegation here and we […] explained to them that we believe that [such moves] are a mistak [...]

Industrial representatives say the tariffs would harm the US itself. Germany's Federation of Industries (BDI) has warned that tariffs imposed by Washington on the EU risk harming the US itself. On June 1, the US imposed tariffs on steel and aluminum imported from the EU, and now the White House is currently threatening to extend the tariffs to cars and car parts as well. Jean-Claude Ju [...]

Instead of hitting Russia's energy sector, Washington's sanctions imposed on Moscow since 2014 have finally backfired on major US oil and gas companies, depriving them of lucrative opportunities and forcing them out of Russia. While Russia is boosting oil output following a decision by OPEC and non-OPEC producers to ease extraction cuts, US petroleum companies are reaping the bitter fruits of� [...]