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Keywords: Sanctions


Trump oil embargo pushes Cuba to the brink of collapse

Cuba is sliding deeper into economic turmoil as a sweeping United States oil embargo has throttled fuel supplies to the island, triggering emergency rationing, prolonged blackouts and the grounding of flights during the peak tourism season. President Donald Trump has framed the measures as leverage to......

Ukrainian hackers expose Belarusian role in Russian drone war

A covert Ukrainian cyber operation has revealed how Russia has been using civilian infrastructure in Belarus to extend the reach and precision of its drone attacks on Ukraine and to probe potential routes over NATO territory. Over several months beginning in mid‑2025, specialists from the Fenix Cyber......

Eu deadlocked on sweeping Russia sanctions package

European Union governments are struggling to seal agreement on a landmark twentieth package of sanctions against Russia, with a far‑reaching ban on maritime services for Russian oil tankers at the heart of the dispute as the anniversary of Moscow’s full‑scale invasion of Ukraine approaches......

China uses Thailand as hub to funnel drones to Russia

China has quietly developed a new channel for supplying drones to Russia, rerouting exports through Thailand as Moscow seeks to evade Western sanctions over its war in Ukraine. A Bloomberg investigation identifies little-known Thai companies acting as intermediaries in a fast-growing trade that turns......

Iranian rial plunges as capital flight hits record levels

Iran’s currency has tumbled to historic lows as capital flight accelerates and oil revenues decline under renewed US sanctions, deepening strains on an economy already grappling with high inflation and social pressure over potential bread price increases. The Iranian rial weakened to around 16.3......

Kremlin says sanctions block $12 trillion US deal

Russia said on February 18 that Western sanctions are preventing the restoration of full economic ties with the United States, with the Kremlin confirming interest in a sweeping $12 trillion cooperation proposal reportedly presented to the Trump administration. Kremlin spokesperson Dmitry Peskov told......

EU moves to sanction Georgian oil terminal in Russia package

European Union ambassadors are meeting this week to finalize sanctions against the Kulevi oil terminal in Georgia as part of the bloc’s 20th sanctions package against Russia, in what would mark the first time Brussels targets a port in a country officially seeking EU membership. The proposed measures......

Hungary orders first Russian oil shipments via Croatia

Hungary’s state controlled energy company MOL has ordered its first seaborne deliveries of Russian crude to be routed through Croatia, marking a new phase in an energy supply dispute involving Kyiv, Budapest and Bratislava after damage to the Druzhba pipeline in late January. Foreign Minister......

Russian oil companies face bankruptcies as sanctions slash prices

Russia’s oil sector is entering its deepest crisis in decades as Western sanctions drive export prices sharply lower and push smaller producers toward insolvency, threatening a central pillar of the Kremlin’s wartime economy. State lender VTB is preparing to file for bankruptcy against First......

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