Putin, Russia and of sanctions
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20hon MSN
Trump administration sanctions Mexican cartel and its leader, "the sledgehammer," for oil theft
The Treasury Department has imposed sanctions on a violent Mexican fuel-theft cartel and its imprisoned leader, amid the Trump administration's crackdown on cartels backing operations through stolen oil and gas.
The European Union is set to lift sanctions it imposed on Kosovo in 2023 over tensions in the north of the country and will release financial assistance, European Commission President Ursula von der Leyen said.
The EU has imposed sanctions on the high-profile oil trader Murtaza Lakhani for allegedly assisting Russia’s Rosneft in exporting crude and other petroleum products in breach of western restrictions. Lakhani is the best known trader to have been targeted by Brussels since Russia’s 2022 full-scale invasion of Ukraine.
More than 30 tankers in the Caribbean designated by the Treasury Department as sanctioned could be immediately affected by Trump’s move, according to ship tracking monitors.
India's Russian oil imports are poised to top 1 million barrels per day in December, trade and refining sources said, defying expectations for a sharp decline as refiners have resumed buying from non-sanctioned entities offering deep discounts.
The U.S. has imposed sanctions on three nephews of Venezuelan President Nicolás Maduro and half a dozen shipping vessels accused of transporting Venezuelan oil.
Ghost fleets are a growing phenomenon, used not just by Venezuela but also by two other oil-producing countries under Western sanctions - Russia and Iran. Financial intelligence firm S&P Global estimates that one in five oil tankers worldwide are used to smuggle oil from sanctioned countries.
Assad's regime, Syrians also celebrate another coming milestone: the lifting of sanctions, which could help give the country a new start.
Treasury Department officials sanctioned three members of Venezuelan President Nicolas Maduro's family and others for trafficking drugs, illicit oil.
The United States is escalating its pressure campaign on Venezuela’s leader, Nicolás Maduro, after seizing an oil tanker off the coast.
The Venezuela blockade puts at risk 600,000 barrels per day (bpd) of Venezuelan oil exports, mostly to China, but 160,000 bpd of exports to the U.S. will likely continue, ING said. Chevron vessels were continuing to depart for the U.S. under a previous authorisation from the U.S. government.