Keywords: Sanctions
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......
Cuba is confronting its most severe fuel shortage since the collapse of the Soviet Union as oil sanctions imposed by the Trump administration intensify, prompting the government to activate emergency rationing measures while Washington simultaneously delivers humanitarian aid through the Catholic Church. Havana......
Iran is seeking to secure a renewed nuclear agreement with the United States that would deliver tangible economic gains to both countries, an Iranian diplomat said on Sunday, days before a second round of negotiations scheduled for Tuesday in Geneva. Hamid Ghanbari, deputy head of economic diplomacy......
Venezuela’s state oil company, Petróleos de Venezuela, S.A. (PDVSA), has limited crude sales over the past two weeks to companies holding individual licences from the United States, curbing exports despite a broader general licence issued by US authorities earlier this year. According to......
Canada and Chile have announced new humanitarian assistance for Cuba as the Caribbean nation grapples with a deepening fuel shortage that the United Nations warns could spiral into a broader humanitarian collapse, compounded by intensified pressure from the United States. The Canadian Network on Cuba......
TotalEnergies is pressing French and European authorities for clarification on how the upcoming European Union ban on Russian liquefied natural gas will be enforced, after Chief Executive Patrick Pouyanné warned that a broad interpretation of the rules could prevent European companies from marketing......
US Energy Secretary Chris Wright arrived in Caracas on Wednesday for talks with Venezuela’s interim president Delcy Rodríguez, marking the highest level visit by a US energy official to the South American country in nearly three decades. The meeting at the Miraflores presidential palace......
France will increase the number of humanitarian visas granted to Iranians seeking asylum as Tehran intensifies its crackdown on nationwide protests, Foreign Minister Jean-Noël Barrot told parliament on Wednesday. Barrot said France would offer greater protection to political opponents and activists......
Nearly 70 oil tankers linked to Russia’s so called shadow fleet have reflagged under the Russian registry since May 2025, responding to a sharp escalation in Western sanctions enforcement that has left stateless vessels exposed to seizure on the high seas, according to maritime intelligence firm......
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