EU Eyes Sanctions on Russian Ruble-Backed Stablecoin A7A5
The move would prohibit EU-based individuals and companies from interacting with the token, either directly or via intermediaries. The European Union is weighing a fresh round of sanctions targeting A7A5, a ruble-backed stablecoin that has rapidly become the largest non-US-dollar pegged token in the world. The move would prohibit EU-based individuals and companies from interacting […]
EU to sanction firms using fake flags for Russian tankers
The European Union is set to impose sanctions on three companies accused of providing false flags to tankers operating within Russia’s shadow fleet. According to documents reviewed by Bloomberg, the accused companies allegedly assigned fake flags from Aruba, Curaçao and Sint Maarten to at least eight EU-sanctioned vessels. These measures form part of the EU’s […]
US sanctions six Indian firms for buying Iranian petroleum products
The United States has imposed sanctions on six Indian companies for allegedly engaging in significant transactions involving Iranian-origin petrochemical products. “The Iranian regime continues to fuel conflict in the Middle East to fund its destabilizing activities. Today, the United States is taking action to stem the flow of revenue that the regime uses to support […]
7,500 Trucks Stuck as Kazakhstan Cracks Down on Russian Border Trade to Stop China Tech Transfers
Kazakhstan’s customs service has dramatically tightened inspections of cargo traffic bound for Russia, creating massive queues at border crossings. According to Kommersant on October 2, since mid-September officers have been inspecting 99% of trucks carrying potentially sanction-sensitive goods from China into Russia. This has triggered multi-kilometer jams along the Kazakh-Russian frontier. “Many carriers, fearing inspection, […]
UK sanctions Georgian businessmen, tankers over Russia links
The UK announced sanctions against two Georgian businessmen over their support for Russia’s war in Ukraine, and two tankers carrying Russian oil. “The UK has announced new sanctions targeting Georgia-linked supporters of Putin’s illegal war in Ukraine,” the foreign ministry said, adding to the hundreds of sanctions it has announced against supporters of the war […]
Ukraine imposes sanctions against 83 individuals, 13 entities, including Russian propagandists
Ukraine President Volodymyr Zelensky issued a presidential decree on Sept. 20 imposing sanctions against 83 individual and 13 entities involved in disseminating Russian propaganda, as well as others involved with business operations in occupied Ukrainian territories. In his evening address, Zelensky said that he imposed three separate sanctions packages, which target citizens of Ukraine, Russia, […]
EU extends Sudan sanctions regime until 2026
The European Union extended by one year its sanctions regime against those “responsible for destabilizing Sudan and obstructing the country’s political transition.” The restrictive measures, which were set to expire next month, will now remain in place until Oct. 10, 2026, the European Council said in a statement. Currently, 10 individuals and 8 entities are […]
UN Sanctions on Iran Re-enter into Force
UN sanctions against Iran re-entered into force after approximately 10 years, following the request of Germany, the United Kingdom, and France. Tehran administration announced that they would give a “strong and appropriate” response to the sanctions. The United Nations (UN) sanctions imposed on Iran due to its nuclear program re-entered into force this morning at […]
US sanctions against Serbian NIS to take effect in October
President of Serbia Aleksandar Vučić stated that US sanctions against the Petroleum Industry of Serbia (NIS) is postponed for one week. Sanctions will take effect on 8-9 October. NIS ended up on the sanctions list at the start of this year due to the Russian majority ownership stake in the company, which dates back to […]
Spain Imposes 9-Point Sanctions on the Occupying Regime
The Spanish government has implemented a nine-point sanctions package against the occupying regime due to its attacks in Gaza. As part of the decision, occupying ministers Itamar Ben-Gvir and Bezalel Smotrich are banned from entering the country. The Spanish government approved and enacted a nine-point sanctions package in a cabinet meeting, citing the humanitarian crisis […]