Hungary Allows Renewal of EU Sanctions Against Russia by Dropping Veto Threat
Hungary dropped its veto threat, allowing the European Union to extend its sanctions against Russia for another six months. This move from Budapest ended a brief political crisis that had been straining relations with Brussels. This development was achieved by introducing a phrase about the “integrity of energy infrastructure” to address Budapest’s concerns during the […]
Rosatom and 250 people: New targets of US’s sanctions
In his final days in the presidency, Joe Biden and his administration have implemented new sanction decisions against Russia due to its ongoing invasion of Ukraine. The sanctions announced on January 15 include significant restrictions aimed at Russia’s energy sector and military-industrial base. The U.S. Treasury Department announced that approximately 100 new targets, including previously […]
EU’s next step: Aluminium imports from Russia to be banned
As the Russia-Ukraine war enters its third year on February 24, EU countries have begun negotiating the details of the 16th sanctions package against Russia. The new package will include a ban on aluminum imports from Russia. According to leaks to the European press, the European Commission plans to present a package that includes various […]
Murmansk seaport on target
The port of Lavna is built to help Russian companies re-orient trade and circumnavigate international sanctions. Now the grand infrastructure object in the Kola Bay is itself put on the sanction list. The Lavna port is one of the many companies that is included in the major new sanctions package announced by the US Treasury […]
Japan expands sanctions list against Russia
The Japanese government announced in a statement that Japan has expanded its sanctions list against Russia and will impose sanctions on 11 individuals, 29 organisations and 3 banks in Russia. Japan’s measures against financial institutions will take effect on 9 February. The sanctions also include a North Korean individual and a Georgian bank for the […]
Additional sanctions from USA to Russia
On 10 January, the United States sanctioned major targets in Russia’s energy sector, the primary source of revenue fueling Russia’s war against Ukraine. The Department of State is imposing sanctions on nearly 80 individuals and entities. Concurrently, the Department of the Treasury is designating more than 150 individuals and entities and individuals and identifying 183 […]
Sanctioned shadow fleet gas carrier zigzags between Norwegian oil platforms
Following the transshipment of natural gas from Russia’s sanctioned Arctic LNG 2 project, the Mulan has been sailing in circles in the North Sea. The 236-meter-long LNG carrier named Mulan has been sailing back and forth in the North Sea for more than a week. According to The Barents Observer, on December 20, the Mulan […]
Russia expanded entry ban list in response to new EU sanctions
Russia expanded its list of European officials banned from entering the country in response to the EU’s latest sanctions package against it. The EU’s new leadership, which took office earlier this month, continued to pursue aggressive policies against Moscow, said the Russian Foreign Ministry. The statement stressed that unilateral restrictive measures remain a tool of […]
US imposes sanctions on Georgian Dream party founder
The US said in a statement regarding the sanctions decision that Bidzina Ivanishvili, the founder and honorary chairman of the Georgian Dream party, has undermined the democratic and European future. “The US is imposing sanctions on Bidzina Grigoris Dze Ivanishvili, the founder and honorary chairman of Georgian Dream. His actions have enabled human rights violations […]
A first from the European Union: Russia sanctions against European citizen
The European Union imposed sanctions on Nils Trost, a Dutch oil trader residing in Switzerland, for violating the price ceiling on oil exports. Trost is reportedly involved in violating the $60 per barrel price ceiling imposed by Western countries. Swiss authorities are also investigating Trost’s company Paramount Energy & Commodities SA. According to a statement […]