The latest sanctions come after President Donald Trump pledged his administration would drive Iran's oil sales down to zero.

During the G-20 summit in India in September 2023, India, the United States, the UAE, Saudi Arabia, France, Germany, Italy, and the European Union (EU) announced plans to create the India-Middle East-Europe Economic Corridor (IMEC) and signed the IMEC memorandum.

Cook Islands Prime Minister Mark Brown speaks during a plenary session at the COP28 U.N. Climate Summit, on Dec. 2, 2023, in Dubai, United Arab Emirates. (AP Photo/Rafiq

Chinese tech giant Baidu is considering deploying its autonomous ride-hailing service in the United Arab Emirates and has been in discussions with the

The latest sanctions come after President Donald Trump pledged his administration would drive Iran's oil sales down to zero.

The U.S. on Monday imposed sanctions on dozens of people and oil tankers across China, the United Arab Emirates, India and other jurisdictions for allegedly helping to finance Iran and its support for militant groups that launch attacks against the U.

The U.S. on Monday imposed sanctions on dozens of people and oil tankers across China, the United Arab Emirates, India and other jurisdictions for allegedly helping to finance Iran and its support for militant groups that launch attacks against the U.

The U.S. on Monday imposed sanctions on dozens of people and oil tankers across China, the United Arab Emirates, India and other jurisdictions for allegedly helping to finance Iran and its support for militant groups that launch attacks against the U.

Iran announced Monday that it had received more than $8 billion in foreign investment over the last six months.

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Emirates will add new destinations in China this summer as the Dubai carrier seeks to benefit from buoyant travel growth in Asia’s biggest economy and capitalize on European competitors retreating from the market.

The new sanctions target oil brokers in the UAE and Hong Kong, and tanker operators in India and China. Read more at straitstimes.com.