Over the weekend, as part of the $95 billion package providing funding for aiding Ukraine, Israel and Taiwan which passed by a vote of 360-58 on Saturday, the US House also passed new sanctions on […]
United States authorities have indicted 10 people for breaching sanctions against Petróleos de Venezuela SA (PDVSA), one of them a Venezuelan military official, the Department of Justice (DOJ) said Monday. They conspired to export millions […]
Sanctions and the removal of Russia from SWIFT have not deterred the Russian economy. A recent report by the International Monetary Fund (IMF) predicts that Russia’s economy will grow more in the next year than […]
The Biden administration has reimposed oil sanctions on Venezuela, hitting out at President Nicolás Maduro for failing to follow a greater democratic path for the South American nation. American companies with investments in Venezuela have […]
Russian Copper Company (RCC) and Chinese firms have avoided taxes and skirted the impact of Western sanctions by trading in new copper wire rod disguised as scrap, three sources familiar with the matter told […]
Back in late 2022, when “Western democracies” bombastically unveiled theatrical sanctions against Putin, capping the price at which imports of Russian oil were permitted to no higher than $60, we said that this was one […]
Daily Standup Top Stories Big oil and gas firms deepen investment in carbon capture April 10, 2024 Mariel Alumit Carbon capture companies find themselves in an odd position. They exist because of the threat of […]
Moscow uses multilateral formats outside US control to work around the restrictions, the foreign minister has said Russia and China are able to overcome the problems arising from Western sanctions by using multilateral formats, such […]
Due to the sanctions, Russia cannot access spare parts from Western engineering companies that have provided refinery equipment in the past, leaving Russian refiners struggling to repair damaged units, multiple industry sources in Russia have […]
India is set to import in April its highest oil volumes from the United States in 11 months as the stricter enforcement of the U.S. sanctions against Russia are slowing Russian crude flows to the […]
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