31st July 2019
After an internal policy battle, the Trump administration is set to announce later this week that it will once again waive five different nuclear-related sanctions on Iran, preserving a key part of the Obama-era Iran nuclear deal. The decision will upset Iran hawks in Washington and be welcomed by Russia, China,… Read More
26th July 2019
Pressure is mounting on U.S. President Donald Trump to end Chevron Corp.’s 100-year presence in Venezuela as he seeks to exert maximum pressure on the embattled regime of Nicolas Maduro. Trump will announce his decision on whether to grant the U.S. oil major an… Read More
25th July 2019
The Chinese state-owned oil trading company sanctioned by the White House for violating restrictions on Iranian crude keeps a low profile. Even so, Zhuhai Zhenrong Co.’s reputation for doing business with Iran… Read More
24th July 2019
AP — A Turkish banker convicted of helping Iran evade economic sanctions has been released from a U.S. prison, his defense attorney said Tuesday. Mehmet Hakan Atilla was released from prison Friday and surrendered to U.S. immigration officials to await deportation, attorney Victor Rocco said. It was not immediately clear… Read More
23rd July 2019
The United States has sanctioned the China’s state-run energy company Zhuhai Zhenrong Co Ltd for allegedly violating restrictions imposed on Iran’s oil sector, U.S. Secretary of State Mike Pompeo said in a speech on Monday. “We’ve said that we will sanction any sanctionable behavior, and we mean it,” Pompeo said… Read More
23rd July 2019
President Vladimir Putin handed Russian citizenship to gas producer Novatek’s veteran finance chief Mark Gyetvay on Monday, a move that could potentially help the U.S. national bypass some sanctions restrictions. U.S. sanctions imposed on Russia in 2014 ban U.S. nationals and companies from helping organize long-term funding for some major… Read More
23rd July 2019
The UK National Crime Agency (NCA) has seized gold worth approximately £4 million as part of a money-laundering investigation into a suspected South American drug cartel. Law enforcement officials interdicted the gold in June at Heathrow Airport, where it was in the process of being shipped from the Cayman Islands… Read More
22nd July 2019
Britain was weighing its next moves in the Gulf tanker crisis on Sunday, with few good options apparent as a recording emerged showing that the Iranian military defied a British warship when it boarded and seized a ship three days ago. Prime Minister Theresa May’s office said she would chair… Read More
22nd July 2019
A Romanian-Australian businessman with a history of fraud, corruption, and misleading investors appears to have received at least $650 million from a West African oil and gas deal carried out with the help of well-positioned relatives of two consecutive Senegalese presidents. The sweetheart deal cost Senegal hundreds of millions of… Read More
19th July 2019
The United States on Thursday imposed sanctions on an international network of companies and their agents it said were involved in the procurement of materials for Iran’s nuclear programme. They are the first punitive steps by Washington since Tehran announced earlier this month it would increase its levels of enriched… Read More