The EU chief concedes that that getting all 27 member countries — some of them highly dependent on Russia for energy supplies — to agree on oil sanctions will be extremely difficult.
The U.S. joined the European Union and Group of Seven nations in enacting new sanctions on Russia in response to the civilian toll reported in Bucha and elsewhere in Ukraine in recent days.
President Biden described the move as a critical step to punishing Russian President Vladimir Putin for invading Ukraine, but said as a result, Americans should prepare for price hikes at the pump.
Companies ranging from General Motors to UPS are exiting or reducing their operations in Russia as wide-ranging sanctions make it all but impossible to operate in the country.
Rising prices, stranded tourists and lines at ATMs are just some of the ways ordinary Russians are seeing repercussions from sanctions and restrictions imposed on their country for invading Ukraine.
Bosnian Serb leader responds to new U.S. sanctions saying the days when the U.S. and other Western democracies "modeled Bosnia to their taste" are long gone.
As North Korea's dictator marks a milestone on Friday, he might be facing his toughest moment yet, as crushing sanctions, the pandemic and growing economic trouble converge
It's not clear how often or how broadly Beijing will use the law. But by complying with U.S. sanctions on China, businesses could face tough sanctions in China as a penalty for doing so.
The conflict in northern Ethiopia's Tigray region began in early November. Thousands have died and close to 2 million people are reported to have been displaced.
President Joe Biden announced a series of actions aimed at imposing consequences on the Myanmar military officials responsible for the country's coup, including sanctions and stronger export controls.
A U.N. Security Council vote on a U.S. bid to extend an arms embargo against Iran failed last week. Now the U.S. secretary of state wants to bring back all sanctions lifted by the Iran nuclear deal.
The Trump administration's penalties are meant to punish China for its treatment of Uighurs and Muslim minorities in the region, and target a Politburo member for the first time.
President Trump welcomed President Recep Tayyip Erdogan to the Oval Office just weeks after Turkish forces stormed into Syria. But in Congress, there's a bipartisan push to punish Turkey.
The Trump administration can cause Iran severe pain, but it cannot trigger the collapse of the regime, argue Aaron David Miller of the Wilson Center and Richard Sokolsky of the Carnegie Endowment.
The sanctions are meant to put pressure on Venezuelan President Nicolás Maduro, who allegedly diverts billions in oil profits to pay off military officers and help prop up his government.
"Normal people collect stamps and I try to give my cheese to Putin," says cheesemaker David Sirota. "I know 100 ways to get into an event with Putin but every time, his security takes away my cheese."
The Trump administration is poised to reimpose sanctions on Iran this Monday. Tehran has been abiding by the nuclear deal, but some warn that it could fall apart in the face of renewed sanctions.
The U.S. imposed sanctions after China's military bought new fighter jets and a surface-to-air missile system. Trade and military ties are increasing between Russia and China.
The sanctions target four mid-level commanders and two units — but they failed to satisfy senators and activists alike, who say the U.S. has a ways to go to hold Myanmar accountable for its crimes.
The U.S. Treasury Department announced Friday that it has put Agrosoyuz Commercial Bank on a blacklist, after it engaged in transactions that supported North Korea's arms program.
