Britain’s largest sanctions package against Russia since 2022
In a written statement made by the British Foreign Office, it was stated that the new sanctions targeted financial resources supporting Russia’s war economy, pro-Kremlin oligarchs and the supply chains of the Russian military. More than 100 new sanctions against Russia are aimed at weakening the country’s military power and putting Ukraine in the strongest […]
India Is Building a Sanctions-Proof Supply Chain for Russian Oil
Oil refiners in India — eager to keep importing cheap crude from Russia — are working with merchants, shippers and other middlemen to rebuild supply chains as tougher US sanctions come into effect. Speaking on the sidelines of India’s flagship energy gathering in Delhi, executives said the existing networks were being reconfigured with selling entities, […]
US DOJ charges parts supplier for violating Russia sanctions
The United States Department of Justice has charged Ohio-based Flighttime Enterprises Inc. and three of its employees with multiple crimes related to their alleged violation of US sanctions by exporting aircraft parts to Russia. The 11-count indictment unsealed on February 13, 2025, alleges that the company, together with Daniela Friery, Pavil Iglin, and Marat Aysin, […]
UK targets Putin’s inner circle with new sanctions
Britain announced new sanctions targeting high profile figures working in the Russian Government and supporters of Russian state-owned business. UK sanctions several high-profile individuals with links to Putin’s inner circle in latest crackdown on the Kremlin. Sanctions target high-profile figures working in the Russian Government, including Pavel Fradkov, a Russian Defence Minister and Vladimir Selin, […]
Russian companies find loophole in legislation
Companies linked to sanctioned Russian billionaires are avoiding financial audits by exploiting a loophole in Dutch legislation, Dutch public broadcaster NOS reported. According to the report, these billionaires are using a clause in Dutch law to classify their companies as micro-businesses, which allows them to hide the flow of money and avoid strict reporting requirements, […]
EU to Russia: Sanctions are coming to media companies
The European Union will include a ban on access to Russian propaganda media services in its 16th sanctions package. Russia under the leadership of Vladimir Putin, who launched an all-out attack and occupation attempt against Ukraine’s territorial integrity and sovereignty, continues to target defenceless civilians, critical infrastructure facilities, health and education institutions. ‘Russian state agency […]
EU plans sanctions on 50 Russian products in upcoming trade restrictions
The European Union has announced plans to impose sanctions on 50 types of Russian products, according to the EU’s Special Representative for Sanctions, David O’Sullivan. Citing the foreign media that during his visit to Astana, O’Sullivan discussed the potential inclusion of various products under 50 trade codes in the next package of sanctions against Russia. […]
Hungary Allows Renewal of EU Sanctions Against Russia by Dropping Veto Threat
Hungary dropped its veto threat, allowing the European Union to extend its sanctions against Russia for another six months. This move from Budapest ended a brief political crisis that had been straining relations with Brussels. This development was achieved by introducing a phrase about the “integrity of energy infrastructure” to address Budapest’s concerns during the […]
Rosatom and 250 people: New targets of US’s sanctions
In his final days in the presidency, Joe Biden and his administration have implemented new sanction decisions against Russia due to its ongoing invasion of Ukraine. The sanctions announced on January 15 include significant restrictions aimed at Russia’s energy sector and military-industrial base. The U.S. Treasury Department announced that approximately 100 new targets, including previously […]
EU’s next step: Aluminium imports from Russia to be banned
As the Russia-Ukraine war enters its third year on February 24, EU countries have begun negotiating the details of the 16th sanctions package against Russia. The new package will include a ban on aluminum imports from Russia. According to leaks to the European press, the European Commission plans to present a package that includes various […]