Hungary will not agree to change sanctions on Russia’s frozen assets until after the US elections
The EU plan to provide Ukraine with a €35bn loan includes a significant change to the sanctions regime, which Hungary has so far blocked. Hungary has confirmed that it will not support a change in EU sanctions on Russia’s frozen assets, which the G7 allies need as collateral for a 45 billion euro loan to […]
Greenpeace seeks sanctions against DAPL developer over recordings in civil case
Lawyers representing the environmental activist group Greenpeace have asked a judge in North Dakota to punish Energy Transfer, the developer of the Dakota Access Pipeline, for allegedly refusing to provide documents related to the company’s safety record. A lawyer for Energy Transfer said the company had made a sincere effort to fulfil all of Greenpeace’s […]
The US imposes sanctions on the oil and petrochemical sectors of the Iranian economy
‘To that end, we are taking steps to cut off the revenue streams that the Iranian regime uses to finance its nuclear programme and missile development, to support its terrorist proxies and partners, and to perpetuate conflict in the Middle East,’ US Secretary of State Anthony Blinken said in the wake of Iran’s 1 October […]
Indian company among dozen sanctioned by US
An Indian shipping firm was among dozens of companies sanctioned by the US for allegedly transporting Iranian oil for sale to buyers in Asia, days after restrictions were imposed on Iran’s energy trade in response to its 1 October attack on Israel. The US State Department alleged that India-based Gabbaro Ship Services, as technical manager […]
Beijing to sanction 3 US military organisations
China’s Foreign Ministry announced that it decided to impose sanctions on three companies and 10 senior executives linked to the US military industry after Washington announced that it would provide arms aid to China’s Taiwan region. According to a statement from the White House, US President Joe Biden announced that he had approved $567 million […]