Keywords: Sanctions
The United States Treasury has imposed sanctions on Hengli Petrochemical, one of China’s largest independent oil refiners, accusing the company of purchasing billions of dollars worth of Iranian crude oil. The sanctions also target dozens of shipping companies and vessels allegedly involved in......
The European Union has decided to extend its sanctions against Myanmar for another year, maintaining pressure on the country’s military leadership more than five years after the coup that overthrew an elected government. The decision, announced on Monday, prolongs restrictive measures targeting......
North Korean leader Kim Jong-un has reiterated his country’s strong backing of Russia’s military campaign in Ukraine, signaling a deepening alliance between Pyongyang and Moscow amid ongoing global tensions. According to state media, Kim expressed firm support for Russia’s actions,......
The United States government has authorized Venezuela to cover the legal defense costs of former Venezuelan president Nicolás Maduro, according to recent judicial documents. Maduro, who is currently detained in the United States, faces several serious charges, including narcoterrorism and conspiracy......
China has strongly criticized the decision by the European Union to include Chinese companies in its latest sanctions package targeting Russia, escalating diplomatic tensions between Beijing and Brussels. The dispute follows the EU’s 20th round of sanctions, which focuses on restricting entities......
Russia has warned of “severe” retaliatory measures after the European Union approved its 20th package of sanctions targeting Moscow, escalating economic pressure linked to the war in Ukraine. Russian diplomats rejected the measures as illegitimate, arguing that only sanctions authorized by......
The European Union has adopted a sweeping ban on cryptocurrency transactions involving service providers based in Russia and Belarus, marking a major escalation in its sanctions regime. The measures form part of the bloc’s 20th sanctions package targeting Moscow and its allies, shifting from selective......
Italian luxury group Brunello Cucinelli has strengthened its internal controls on compliance with European Union sanctions following allegations concerning potential violations related to exports to Russia. According to its latest annual report, the company adopted a reinforced trade compliance system......
China has announced the removal of countermeasures imposed on two European Union banks following a reciprocal easing of sanctions by the European bloc, marking a small step toward stabilizing financial relations between the two sides. The decision was confirmed by China’s Ministry of Commerce......
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