US imposes sanctions on Chinese refinery accused of buying Iranian oil
The sanctioned refinery in China’s Shandong province received dozens of shipments of crude oil from Iran worth more than $1 billion, the Trump administration said. Officials also announced that several companies and vessels involved in the shipments were added to the sanctions list. The new penalties were imposed by the Office of Foreign Assets Control […]
China imposes Hong Kong sanctions on US congressmen
A spokesman for China’s Ministry of Foreign Affairs said “Any wrongful actions taken by the United States side on Hong Kong-related issues will be met with China’s resolute retaliation and reciprocal countermeasures.” China will apply tit-for-tat sanctions on US Congress members, officials, and heads of non-governmental organisations Beijing said had ‘acted egregiously’ on Hong Kong-related […]
US targets China oil storage terminal in new Iran-related sanctions
The Trump administration imposed sanctions on Iranian oil trading networks including on a China-based crude oil storage terminal linked via a pipeline to an independent refinery, just days before talks between the U.S. and Iran. The U.S. imposed sanctions on Guangsha Zhoushan Energy Group Co Ltd, which operates a crude oil and petroleum products terminal […]
UK sanctions Georgian officials responsible for allowing brutal police violence
UK sanctions four Georgian officials, including Georgia’s General Prosecutor, as part of latest action against serious human rights violations. With this statement UK becomes first state to sanction Georgia’s General Prosecutor as part of latest action against serious human rights violations. The UK has sanctioned four more high-ranking Georgian officials for their role in allowing […]
Russia Asked U.S. to Lift Sanctions From Aeroflot
Russian authorities have asked Washington to lift sanctions against their flagship airline Aeroflot to resume direct flights with the United States but have not yet received an answer Russian Foreign Ministry Sergey Lavrov said that, “We made this offer at the meeting in [Saudi Arabia] more than a month ago. The Americans considered it, but so […]
OFAC sanctions 30 vessels which linked Iranian oil trade
The U.S. Treasury’s Office of Foreign Assets Control sanctioned a UAE-based Indian national who owns multiple shipping companies operating a shadow fleet of nearly 30 vessels linked to Iranian oil trade. According to OFAC, many of these ships are part of Iran’s so-called ‘shadow fleet’ and have been involved in transporting Iranian oil for the […]
China punishes US drone industry in latest salvo
China has dropped the hammer on 11 US-based drone manufacturers — including Skydio, BRINC Drones, and Boeing-owned Insitu — by placing them on its ‘unreliable entity’ list, a move that subjects these companies to sweeping trade sanctions and export restrictions. The Chinese government accuses US drone makers of engaging in ‘military technology cooperation with Taiwan,’ […]
US issued Iran related sanctions against China
United States imposed sanctions on entities and individuals in Iran, the UAE and China. The US accuses these entities being part of an Iranian weapons procurement network. The U.S. Treasury Department announced sanctions on six entities and two individuals in action taken in coordination with the Department of Justice, accusing them of responsibility for procurement […]
US removes sanctions on wife of Russian billionaire
A close ally of Russian President Vladimir Putin, Karina Rotenberg, wife of oligarch Boris Rotenberg removed from US sanctions. The US has lifted sanctions imposed on the wife of a Russian billionaire considered to have close ties with Russian President Vladimir Putin. A statement by the US Office of Foreign Assets Control on Wednesday listed […]
UK sanctions: £25bn of Russian assets frozen
New data released on 21 March reveals the impact of UK sanctions on Russia. It is reported that more than £25bn of Russian assets have been frozen since Russia’s illegal invasion of Ukraine. According to the annual review by Britain’s Financial Sanctions Enforcement Office, the UK, together with its allies, has imposed the most severe […]