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A statement from the US Department of Treasury reported that this step was taken due to Russia’s lack of serious commitment to a peace process to end the war in
The new package of sanctions substantially increases the pressure on the Russian war economy, targeting key sectors such as energy, finance, the military industrial base, special economic zones, as well
According to Bloomberg, The US sanctioned more than 50 individuals, firms and vessels involved in exporting Iranian oil and liquefied petroleum gas, including a key crude-import terminal. The latest designations
The European Union has fined Gucci, Chloé, and Loewe a total of €157 million for obstructing competition. The brands are accused of interfering with the price policies of retailers, and
China sacntioned five of South Korean shipbuilder Hanwha Ocean’s U.S. subsidiaries. This step is escalating tensions with Washington over their alleged involvement in a probe into the Chinese shipping industry.
Britain is targeting Russia’s largest oil companies and the country’s “shadow fleet” of oil tankers in a bid to cut off Vladimir Putin’s ability to fund the war in Ukraine.