The US Treasury issued sanctions against Iran, targeting Iranian shipping, oil and energy companies. WTI crude oil rose nearly $1 in the short term.
US official: The secretary of state will amend or lift existing sanctions waivers and work with the US Treasury to implement an action "aimed at bringing Iran's oil exports to zero".
European Union foreign ministers agree on a road map to ease sanctions on Syria.
French Foreign Minister: Announces the lifting of some sanctions against Syria.
Oil prices have fallen for five days in a row, and the benefits of sanctions seem to have completely dissipated? However, investment banks still raised their expectations for oil prices in 2025, which will eliminate the global supply glut.
The United States on Wednesday imposed new sanctions against Russia aimed at cracking down on Russia's evasion of U.S. sanctions. Washington is imposing new sanctions on nearly 100 targets, including Russian banks and companies operating in Russia's energy sector that have been subject to U.S. sanctions before, the US Treasury said in a statement. The US Treasury said the new measures increase the risk of secondary sanctions against key Russian entities. A senior Treasury official said the new s...
The news of US sanctions against Russia appears to have been fully priced in, but will the trend push US oil further up to $X, possibly the peak of Quarter 1?
Oil prices extended their rally on Monday, hitting a more than three-month high on expectations that broader US sanctions will affect Russian crude supplies. Russia's oil exports will be severely affected by the new sanctions, forcing major buyers to source more oil from the Middle East, Africa and the Americas, which will push up prices and transport costs, traders and analysts said. "The latest round of sanctions against Rosneft and a large number of tankers will have a significant impact, par...
On December 5th, local time on December 2nd, the Biden administration introduced new semiconductor export control measures to China. The final plan involves 136 Chinese entities and 4 overseas subsidiaries of Chinese entities. The scope of control is also relatively focused, mainly for chips used in advanced artificial intelligence, and the control targets are mainly manufacturers of such chips. At the same time, another trend is also worthy of our attention: from January to October this year, C...
On November 26th, Foreign Ministry Spokesperson Mao Ning chaired a regular press conference. Bloomberg reporter asked that the European Union proposed to impose sanctions on several Chinese companies, claiming that these companies helped Russian companies develop attack drones for use in Ukraine. What is China's comment on this? Mao Ning said that China always opposes unilateral sanctions that have no basis in international law and are not authorized by the UN Security Council. On the Ukraine is...
A U.S. federal judge rejected the SEC's request for sanctions against Elon Musk for his absence from testifying in court orders related to his $44 billion acquisition of Twitter. Judge Jacqueline Scott Corley ruled that Musk did not need sanctions when he testified on October 3 and reimbursed the SEC $2,923 in travel expenses. The SEC argued that Musk violated the May 31 order and sought a stronger deterrent, but Corley argued that the issue was moot. Musk blamed his September 10 absence on...
The SEC intends to impose sanctions on Mr. Musk for failing to appear in court on his scheduled date of September 19, 2024, and to testify to financial regulators about the $44 billion Twitter acquisition. The SEC is also seeking monetary relief to cover lost travel costs as a result of Mr. Musk's cancellation, as well as "all other relief" the court may grant the SEC. Musk's legal counsel emphasized that the Securities Exchange Commission had accepted to reschedule the meeting for February.
The US Treasury has imposed sanctions on Cambodian tycoon Lee Wing Fat and his businesses over alleged massive human rights abuses involving trafficked workers forced to labor in cyber scam centres focused on cryptocurrency scams, including his conglomerate LYP Group and properties including O-Smach Resort. The sanctions freeze assets and ban transactions in the US, and are aimed at holding perpetrators accountable for these abuses.
The US Treasury website released a new round of sanctions against Iran and Russia.
In order to ease the payment problems of Russian companies hit by international sanctions, Russia has accelerated its embrace of cryptocurrencies.