Tag: Sanctions

EU introduced its 16th package of sanctions against Russia while the UK announced its 'largest sanctions package against Russia since 2022'. 

CREA released a report looking at the EU imports of Russian fossil fuels in the third year of the invasion in Ukraine.

The European Union agreed on 19 February to impose new sanctions on Russia targeting Russia's shadow fleet and aluminium imports.

The oil tanker carrying crude oil from a Russian producer, has been drifting off India's west coast after coming under US sanctions.

West P&I Club issued a notice regarding the transport of non-sanctioned cargoes to or from Russia subject to the US, EU and UK Regulations.

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned entities for facilitating shipments of Iranian oil.

Russia’s oil tanker “shadow fleet” is facing intensified pressure as Barbados and Panama are set to de-list 114 vessels from their maritime registries, Bloomberg reports. 

The U.S. recently imposed sanctions on six Russian oil tankers still under construction at the Zvezda shipyard, marking a precedent of targeting vessels before they have even set sail.

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) has issued Syria General License (GL) 24 to expand authorizations for activities and transactions in Syria.

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.