UK sanctions Iranian banker for supporting Iran’s Guards
Britain sanctioned Iranian banker and businessman Aliakbar Ansari, citing his role in financially supporting the activities of Iran’s Revolutionary Guards as the reason for its action. “Its (the Islamic Revolutionary Guard Corps’) use of repression and targeted threats to carry out hostile acts, including here in the UK, is completely unacceptable,” Britain’s Middle East minister […]
Hungary’s Orbán vows to ‘circumvent’ US sanctions on Russian oil titans
According to Politico, Hungarian Prime Minister Viktor Orbán said that Budapest was working on how to “circumvent” American sanctions on Russian oil and gas companies. U.S. President Donald Trump announced he was imposing “tremendous” new sanctions on Russia’s multinational Lukoil and its state-owned Rosneft, in the first such measures since he took office. While the […]
Russia’s Lukoil to Sell Overseas Assets After U.S. Sanctions
According to AFP, Russian oil giant Lukoil will sell its overseas assets, the company said, after it was hit with U.S. sanctions over the war in Ukraine. U.S. President Donald Trump last week slapped Russia with his first significant sanctions package, targeting two top oil companies, Lukoil and Rosneft, after saying he was frustrated that […]
Thousands Of Iranian Companies Operating In Georgia Amid Sanctions Evasion Concerns
Nearly 13,000 Iranian companies are registered in Georgia, with many linked to a few addresses, raising concerns about sanctions evasion. Iranian firms reportedly use Georgia as a transit point to bypass international sanctions, with some of the companies linked to Iran’s armed forces. Trade between Georgia and Iran has grown, and Iran now supplies a […]
US Suddenly Lifts Sanctions on Bosnian Serb Leader Dodik
Washington has ended sanctions imposed on the former Republika Srpska president Milorad Dodik, his associates, family members and companies connected to them. According to Balkan Insight, in a sudden change of approach, the United States’ Office of Foreign Assets Control, lifted sanctions that had been imposed on the former president of Bosnia’s Serb-led Republika Srpska […]