Russia Has Mostly Managed To Dodge One Of Biden’s Key Energy Sanctions
According to the New York Times, Russia is circumventing U.S.-led sanctions aimed at limiting energy revenues by using a fleet of “shadow tankers” to sell oil at high prices. After the Ukraine war began in February 2022, Western countries, led by the United States, imposed a price cap of $60 per barrel on Russian crude […]
Russia’s shadow fleet of oil tankers grows despite western sanctions | Russia
Russia's shadow oil tanker fleet is expanding, transporting up to 70% of the country's offshore oil, despite Western efforts to rein in Moscow's wartime energy revenues, according to a study. are. The amount of Russian crude being transported in poorly maintained and underinsured tankers has nearly doubled in a year to 4.1 million barrels per […]
US sanctions ‘sham charity’ funneling money to Hamas on Oct. 7 attack anniversary
The Harris-Biden administration on Monday imposed sanctions on “fake charities” and fundraising networks that claimed to be raising money for Gaza civilians but were actually funneling proceeds to Hamas. The Treasury Department said in a statement that it had sanctioned the Italian-based charity organization Palestine People's Solidarity Association, three individuals and a Gaza bank. “These […]
US hits Hamas funding network with sanctions on attack anniversary
The Treasury Department announced sanctions on some of the Palestinian militant group's funding networks on Monday, the one-year anniversary of Hamas's Oct. 7 attack on Israel. The Treasury Department announced that the Office of Foreign Assets Control has designated three people, a “fake charity organization” in the Gaza Strip and a financial institution affiliated with […]
Iran Oil Sanctions Enforcement Is Looser Under Biden, Biden Might Tighten It to Get Israel to Not Strike
On CNBC's Friday broadcast of “Squawk on the Street,” CNBC contributor Helima Croft, global head of product strategy at RBC Capital Markets, said that “five years ago, there were far more significant sanctions in place” against Iranian oil. “We used to do that,” he said, “but now we do.” Iranian crude oil is at its […]
U.S., World Need Stronger Sanctions on Iran, ‘We Feel the Results’ of Iran Having ‘So Much Money’
Ambassador to Israel Danny Dannon said Wednesday on Fox News Channel's “Outnumbered” that it is extremely important that the United States, along with other democracies, “impose sanctions, crippling sanctions, on Iran. Yes, because they have too many sanctions today.” We can spend money on their agents and we are seeing the results. We are being […]
Elon Musk facing potential sanctions for not testifiyng in Twitter probe
The U.S. Securities and Exchange Commission said on Friday it intends to seek sanctions against Elon Musk after he failed to appear for court-ordered testimony in the regulator's investigation into the company's $44 billion acquisition of Twitter Inc. In a court filing, the SEC said its motion for sanctions seeks an order to show why […]
Fear and sanctions have failed to get Britain working. Why not try tea and empathy? | Polly Toynbee
JGovernment centres are the “least used” and “least loved” of all public services, a failure at the heart of the economy and contributing to the biggest decline in the workforce since the 1980s. Employment Minister Alison McGovern put the remarks this way: Report She worked closely with the Institute for Employment Research committee, which is […]
Western nations have bought $2B in Russian oil this year through sanctions workarounds
Western countries have indirectly purchased $2 billion worth of Russian oil through Turkey, revealing a glaring loophole in the current sanctions regime. a New reports The company's operations have been profitable in the past few months as crude oil arrives at Turkish refineries to be made into products such as gasoline and diesel and shipped […]
Biden administration imposes sanctions against Venezuelan President Maduro’s ‘cronies’
The Biden administration on Thursday imposed sanctions against Venezuelan President Nicolas Maduro and several of his close associates for disrupting the electoral process and violating the civil and human rights of his people. White House Press Secretary Karine Jean-Pierre announced the sanctions to reporters at a press conference on Thursday. “President Biden's foreign policy approach […]