Oil Tankers U-Turn and Buyers Go Elsewhere as Russia Sanctions Bite
On Jan. 10 the US Treasury’s Office of Foreign Assets Control sanctioned 161 tankers and traders involved in about 2,000 shipments since the invasion began. It also acted against Moscow-based ship insurers and two companies — Surgutneftgas and Gazpromneft — which in the first 10 months of last year accounted for almost 30% of Russia’s oil exports.
Trump's Treasury Pick Bessent Calls for Stronger Sanctions on Russia Over Ukraine War
Scott Bessent, U.S. President-elect Donald Trump's nominee to be secretary of treasury, looks on as he sits near his son Cole, on the day he testifies during a Senate Committee on Finance confirmation hearing on Capitol Hill in Washington, U.S., January 16, 2025. REUTERS/Kevin Lamarque
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The U.S. Treasury Department is expanding the web of sanctions on companies and institutions supporting Russia’s war efforts ...
Oilfield service provider SLB on Friday said its current business in Russia still aligns with U.S. sanctions issued this ...
The Treasury in a statement said Washington was imposing fresh sanctions on almost 100 critical Russian entities - including ...
The Biden administration took action Wednesday to make it harder for President-elect Donald Trump to lift some sanctions on ...
Treasury secretary nominee Scott Bessent told senators Thursday he would be “100 percent on board” with increasing sanctions ...
Reliance on Russia’s military offerings has become increasingly prevalent in parts of Africa, amid an aggressive push by ...
The European Union should end sanctions against Russia because Donald Trump’s administration is poised to usher in a “new era ...
A law was introduced four years ago to allow the UK to convict those breaching the sanctions. However, in a letter to MPs, ...
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