Tag

Russian Sanctions

All articles tagged with #russian sanctions

world6 days ago•24 min saved

U.S. Intensifies Efforts to Seize Venezuelan Oil Tankers Amid Regional Tensions

The US Coast Guard seized two Russian-linked oil tankers attempting to bypass sanctions, while ongoing negotiations in Paris aim to establish security guarantees for Ukraine. Russian forces face difficulties in replenishing reserves and suffer casualties, with Ukrainian forces conducting strikes against Russian infrastructure and advancing in certain areas. The conflict continues with complex military and diplomatic developments.

via Institute for the Study of War|

#russian-military-reserves #russian-sanctions #ukraine-negotiations

business26 days ago•5 min saved

Offshore Oil Surplus Sparks Market Anxiety Over Price Collapse

Oil prices have fallen below $60 due to a surge in global crude supplies, especially on water, driven by increased tankers and sanctions, overshadowing geopolitical tensions like Ukraine peace talks or Venezuela sanctions, with the market outlook heavily influenced by the looming oversupply.

via Reuters|

#business #global-supply #oil-prices

business2 months ago•1 min saved

OPEC+ Supply Decision in Focus Ahead of December

Oil markets remain cautious as Russian exports continue despite sanctions, US inventories show a temporary draw, and global supply outpaces demand, prompting OPEC+ to consider a modest December output increase to regain market share amid oversupply concerns.

via FXEmpire|

#business #market-balance #oil

business2 months ago•2 min saved

OPEC+ to Pause Oil Output Increases Amid Glut Concerns

Opec+ has decided to pause its plans to increase oil output next year in response to fears of an oversupply, with a temporary increase in December followed by a halt in early 2024, amid concerns over weaker demand and the impact of US sanctions on Russian oil exports.

via Financial Times|

#business #oil-glut #oil-prices

business2 months ago•3 min saved

OPEC+ to Pause Oil Output Hikes After Small December Increase

OPEC+ has decided to pause oil output increases in the first quarter of 2026 and only slightly raise December output, amid fears of a supply glut and challenges from Western sanctions on Russia, with the group aiming to protect prices and manage market stability.

via Reuters|

#business #market-share #oil-glut

world3 months ago•1 min saved

Australia and Japan intensify sanctions against Russia over oil

Australia has imposed sanctions on 95 Russian 'shadow fleet' vessels and joined international efforts to lower the Russian oil price cap from $60 to $47.60 per barrel, aiming to reduce Russia's oil revenue and pressure Moscow over its invasion of Ukraine.

via The Kyiv Independent|

#australia #oil-price-cap #russian-sanctions

business4 months ago•2 min saved

Tensions Rise as Ukraine Attacks Hit Russian Oil Infrastructure, Boosting Prices

Oil prices increased as traders considered potential supply disruptions from Russian sanctions and Ukrainian attacks on energy infrastructure, despite OPEC+'s move to boost production and signs of possible U.S. rate cuts, with market momentum remaining cautious.

via Reuters|

#business #oil-prices #opec

world7 months ago•4 min saved

Russian Sanctions Shake Liechtenstein's Wealth

Liechtenstein is tightening control over Russian-linked trusts abandoned due to US sanctions, exposing the country's deep financial ties to Russia and prompting a government crisis as hundreds of trusts are frozen, affecting its economy and international relations.

via Reuters|

#liechtenstein #russian-oligarchs #russian-sanctions

businesseconomics1 year ago•0 min saved

Global Metal Prices Soar as US and UK Impose Sanctions on Russian Supply

Aluminium and nickel prices surged following the imposition of sanctions on Russian supply, as concerns over disruptions to the global supply chain intensified. The sanctions, imposed in response to Russia's invasion of Ukraine, have raised fears of potential shortages and supply chain disruptions, leading to a sharp increase in commodity prices.

via Financial Times|

#aluminium #businesseconomics #commodity-prices

business1 year ago•5 min saved

"Global Metal Markets React to LME Ban on Russian-Origin Supplies"

The London Metal Exchange has banned deliveries of any Russian supplies produced after midnight on Friday in response to new US and UK sanctions, leading metal traders to anticipate dramatic price moves when trading reopens on Monday. While some expect prices of aluminum, copper, and nickel to rise due to the removal of a major producer from the market, others are concerned about the potential flood of old Russian metal onto the exchange. The industry is preparing for heightened volatility, with Russia accounting for a significant portion of global metal supply, and the LME's decision to allow deliveries of "old" Russian metal under certain conditions is expected to reignite the debate over banning Russian metal altogether.

via Mint|

#business #global-metal-prices #london-metal-exchange

finance2 years ago•1 min saved

Swiss Banks UBS and Credit Suisse Under Investigation for Alleged Russian Sanctions Violations

The US Department of Justice is intensifying its investigation into Credit Suisse and UBS over suspected compliance failures that allowed Russian clients to evade sanctions. The probe, which began with subpoenas earlier this year, has now focused on Credit Suisse, with UBS being briefed on its alleged exposure to sanctions violations since acquiring the smaller rival. The DOJ is also looking into possible compliance failures at UBS.

via Bloomberg|

#compliance-failures #credit-suisse #department-of-justice

crime2 years ago•1 min saved

Former FBI Official Admits Concealing Foreign Payments in Guilty Plea

Former FBI official Charles McGonigal pleaded guilty to concealing over $225,000 in foreign payments from an Albanian official while leading the bureau's counterintelligence operations in Europe. McGonigal accepted the funds from late 2017 until his retirement in late 2018 and also violated Russian sanctions by accepting bribes from oligarch Oleg Deripaska. Sentencing for both cases is scheduled for December and February, respectively.

via The Hill|

#charles-mcgonigal #corruption #crime

cryptocurrency2 years ago•2 min saved

Binance under US investigation for violating Russian sanctions.

The US Department of Justice's national security and crime divisions are investigating Binance for allowing Russians to use the cryptocurrency exchange in violation of US sanctions. Binance is also facing accusations of AML and KYC violations. The company has stated that it is compliant with US and international sanctions and that its KYC protocols are in line with traditional banking. Binance is not the only crypto exchange to face sanctions violation scrutiny, with Poloniex recently paying a $7.6 million settlement for violating sanctions against several countries.

via Cointelegraph|

#aml-violations #binance #cryptocurrency