Tag: U.S. sanctions

U.S. Secretary of the Treasury Scott Bessent speaks at the White House, in Washington.
DISPUTES

US Treasury’s Bessent suggests Russia could gain sanctions relief in conflict negotiations

Russia may find some relief from U.S. sanctions if it demonstrates a genuine willingness to negotiate an end to the conflict in Ukraine, U.S. Treasury Secretary Scott Bessent stated in an interview with Bloomberg Television on Thursday. Bessent also mentioned that he plans to engage with his Chinese counterpart on Friday, encouraging China to shift its economic focus towards greater consumer spending. When asked about … Continue reading US Treasury’s Bessent suggests Russia could gain sanctions relief in conflict negotiations

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Migrants board a C-17 Globemaster III aircraft for a removal flight, Fort Bliss, Texas.
DISPUTES

U.S. and Colombia have agreed on deportations, and tariffs and sanctions are temporarily suspended

The United States and Colombia averted a potential trade conflict on Sunday after the White House announced that Colombia had consented to accept military aircraft transporting deported migrants. President Donald Trump had previously threatened to impose tariffs and sanctions on Colombia due to its refusal to allow military flights for deportees as part of his extensive immigration enforcement measures. However, in a statement released late … Continue reading U.S. and Colombia have agreed on deportations, and tariffs and sanctions are temporarily suspended

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DEFENCE

Missile propellant components are scheduled to be shipped from China to Iran, according to the Financial Times

Two Iranian cargo ships transporting a component for missile propellant are set to depart from China to Iran in the coming weeks, according to a report by the Financial Times on Wednesday, which referenced intelligence from security officials in two Western nations. These transactions may expose the Chinese companies involved to U.S. sanctions designed to limit Iran’s weapons development, as the Iranian vessels are already … Continue reading Missile propellant components are scheduled to be shipped from China to Iran, according to the Financial Times

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A bronze seal for the Department of the Treasury is shown at the U.S. Treasury building in Washington, U.S.,
DISPUTES

Russian oil tankers that are still being constructed have been included in the U.S. sanctions

Six oil tankers currently under construction at Russia‘s Zvezda shipyard have been included in the U.S. sanctions announced last week. This marks the first instance where Washington has imposed sanctions on tankers prior to their launch or the transportation of any sanctioned cargo. The recent sanctions led to an increase in oil prices and a rise in tanker shipping costs, as the outgoing Biden administration … Continue reading Russian oil tankers that are still being constructed have been included in the U.S. sanctions

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DIPLOMACY

Hungary proposes the EU discuss with Trump before deciding on renewing sanctions against Russia

Hungary has yet to make a decision regarding its support for the renewal of European Union sanctions on Russia, which are set to expire at the end of this month. The country believes that the EU should consult with the incoming Trump administration before making any determinations, according to Hungary’s EU minister. Minister Janos Boka stated to reporters in Brussels, “It is only logical that … Continue reading Hungary proposes the EU discuss with Trump before deciding on renewing sanctions against Russia

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DISPUTES

U.S. has announced new sanctions on Russia ahead of Donald Trump’s return to the White House

The United States announced a series of sanctions against Russia on Wednesday, aiming to intensify pressure on Moscow during the final days of the Biden administration while safeguarding previously established sanctions. The U.S. State and Treasury departments targeted over 250 entities, including some located in China, focusing on Russia’s attempts to circumvent U.S. sanctions and its military industrial sector. As part of this initiative, the … Continue reading U.S. has announced new sanctions on Russia ahead of Donald Trump’s return to the White House

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DISPUTES

Stricter U.S. sanctions aimed at limiting the flow of Russian oil to China and India

Chinese and Indian oil refiners are expected to increase their imports from the Middle East, Africa, and the Americas, which will likely lead to higher prices and increased freight costs. This shift comes in response to new U.S. sanctions targeting Russian oil producers and vessels, which are expected to limit supplies to Moscow’s primary customers, according to traders and analysts. On Friday, the U.S. Treasury … Continue reading Stricter U.S. sanctions aimed at limiting the flow of Russian oil to China and India

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A view shows the Gazprom logo installed on the roof of building in Saint Petersburg, Russia.
DISPUTES

Recent US sanctions imposed on Moscow are aimed at Indian companies

Two Indian firms have been penalized by the United States and the United Kingdom as part of the recent initiative targeting Russia‘s energy sector, which was revealed on Friday. The extensive actions taken by the US Treasury Department and the UK government focus on two prominent Russian oil producers, Gazprom Neft and Surgutneftegaz, along with related entities, and impose restrictions on 183 vessels involved in … Continue reading Recent US sanctions imposed on Moscow are aimed at Indian companies

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TOP STORIES

U.S. enforces strict sanctions on Russian oil to support Ukraine and leverage Trump

The Biden administration announced on Friday the implementation of its most extensive sanctions package to date, aimed at disrupting Russia‘s oil and gas revenue streams. This initiative seeks to provide leverage to Kyiv and the incoming Trump administration in their efforts to negotiate a peace agreement regarding the ongoing conflict in Ukraine. These sanctions are designed to diminish Russia’s oil income, which has been crucial … Continue reading U.S. enforces strict sanctions on Russian oil to support Ukraine and leverage Trump

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DISPUTES

Biden is set to push for new sanctions against Russia before Trump takes office

President Joe Biden is anticipated to announce new sanctions aimed at Russia‘s economy this week, as reported by a U.S. official. This initiative is part of efforts to strengthen Kyiv’s military capabilities against Moscow prior to Donald Trump’s inauguration. In conjunction with the sanctions, the Biden administration is preparing to provide $500 million in additional military assistance to Ukraine, which is expected to include air … Continue reading Biden is set to push for new sanctions against Russia before Trump takes office

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