Rosneft Said to Ask State for Up to $42 Billion After Sanctions

OAO Rosneft (ROSN) asked the state for as much as 1.5 trillion rubles ($42 billion) of aid, a government official said, signaling a U.S. ban on long-term loans to Russia’s largest company is starting to bite.

Bank Rossiya Becomes First Russian Lender Under U.S. Sanctions

OAO Bank Rossiya, a St. Petersburg-based lender owned by associates of Russian President Vladimir Putin, became the first financial institution to face U.S. sanctions over the Ukraine crisis.

US cracks down on companies evading Iran sanctions

WASHINGTON: The Obama administration is targeting several companies and individuals for evading international sanctions against Iran and for providing support for Iran's nuclear program.

Obama Discusses Iran Threat With Netanyahu Amid Tensions

President Barack Obama and Israeli Prime Minister Benjamin Netanyahu discussed Iran’s suspected atomic weapons program amid a rift between the two nations over how to confront the issue.

U.S., China Find Path on Iran

BEIJING—A steep drop-off in China's crude-oil imports from Iran earlier this year, which companies involved blamed on a contract dispute, has provided a face-saving way for Beijing to appease the U.S. even as it officially maintains opposition to U.S. sanctions against Tehran, analysts said.

U.S. tightens oil sanctions on Iran

NEW YORK (CNNMoney) -- President Obama ratcheted up the pressure on Iran Friday, deciding to implement previously announced sanctions that will be the toughest to date.