US targets Iranian oil network
The US announced that it has placed some companies that purchase, process and transport Iranian oil on the sanctions list. According to the US Treasury Department, a China-based ‘teapot’ oil refinery that buys and processes hundreds of billions of dollars worth of crude oil from Iran and its top executive have been added to the […]
Trump announces tariffs on countries buying oil and gas from Venezuela
US President Donald Trump announced that a 25 per cent tariff will be imposed on countries buying oil or gas from Venezuela from 2 April. In his post on the Truth Social social media account, Trump claimed that Venezuela has deliberately and fraudulently sent tens of thousands of criminals to the United States secretly. Stating […]
Iranian Petroleum Minister is in sanctioned people list
The US Treasury Secretary, in announcing sanctions on Iran, said that Iran continues to use revenues from its vast oil resources to ‘advance its narrow and alarming interests’. The US Treasury Department on Thursday announced that it sanctioned the Iranian petroleum minister: “The Department of the Treasury’s Office of Foreign Assets Control is designating Iran’s […]
US sanctions Foxtrot Network
The United States announced they are sanctioning the Foxtrot Network, a transnational criminal organization, and its fugitive leader, Rawa Majid. The Foxtrot Network is a notorious criminal gang based in Sweden and a prominent drug trafficking organization in the region. The group is involved in arms trafficking and contributes to rising violence in Northern Europe, […]
Trump threatens to impose ‘large scale’ sanctions on Russia until a peace agreement with Ukraine is reached
After weeks of distancing the U.S. from Ukraine, President Donald Trump threatened to impose expanded ‘large scale’ sanctions and tariffs on Russia until it reaches a peace agreement with Ukraine. Trump’s statement in Truth Social is as follows: “Based on the fact that Russia is absolutely ‘pounding’ Ukraine on the battlefield right now, I am […]
US Sanctions China-Based Hacker and Data Broker
The Department of Justice unsealed indictments charging Zhou Shuai and Yin Kecheng, eight employees of i-Soon, a Chinese technology company, and two officers of China’s Ministry of Public Security (MPS) with a variety of hacking-related offenses. Further, the Diplomatic Security Service’s Rewards for Justice Program (RFJ) is offering up to $10 million for information on […]
USA sanctions South Africa
US President US President Donald Trump stated that farmers in South Africa are mistreated and said, “South Africa treats long-term farmers in the country horribly. They are confiscating their land and farms and it is much worse than that. It’s a bad place to be right now and we’re stopping all federal funding,” he said. […]
SEC Dismisses Civil Enforcement Action Against Coinbase
The Securities and Exchange Commission (SEC) announced that it has dropped its ongoing civil enforcement action against Coinbase Inc. and Coinbase Global Inc. This decision came as part of a joint settlement between the Commission and the two Coinbase entities. On 21.01.2025, the SEC established the Crypto Task Force, which focused on creating a comprehensive […]
US postpones Serbia oil sanctions
Serbian President Aleksandar Vucic shared the official document sent to Serbia by the US Treasury Department on his social media account, stating that the US sanctions against the Serbian Oil Industry under the management of Russian ‘Gazprom Neft’ were postponed until 28 March. Vucic said, “We have 30 more days for NIS. This is good […]
US imposes new sanctions on Iran’s shadow fleet
The US administration imposed sanctions on more than 30 individuals and vessels in various countries for intermediating in the sale and transport of Iranian oil-related products. In a statement made by the US Treasury Department, it was reported that additional sanctions were imposed on Iran’s shadow fleet as part of the ‘maximum pressure campaign’. It […]