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Venezuela

U.S. Blocks PdVSA-Linked Aircraft

The U.S. Treasury Department on Tuesday identified 15 aircraft as blocked property of Venezuelan state-owned oil firm Petroleos de Venezuela, S.A. (PdVSA).

Iran

European Countries Invoke Dispute Mechanism of Iran Nuclear Deal

The foreign ministers of three European countries party to the Iran nuclear deal said Tuesday in a joint statement that Tehran is not meeting the commitments to the agreement, triggering the Dispute Resolution Mechanism (DRM), which could eventually lead to the reimposition of sanctions.