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On paper, America’s sanctions are the most potent imposed on Russia since 2022. They threaten to cut off from American finance anyone, even foreigners, who facilitates sales by the two giants, which together account for half of Russia’s crude exports.
Football clubs are forced to pay outstanding transfer fees even if doing so runs the risk of violating banking restrictions and sanctions against Russia.
The bipartisan sanctions bill against Russia has hit another roadblock, as some Democrats are working to remove a presidential waiver and block the president from being granted sweeping powers on
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Sanctions have choked Russia's oil industry, a key source of Kremlin funds, U.S. Treasury finds
A Treasury Department analysis indicates that new U.S. sanctions on Russian oil producers have sent prices there tumbling, choking off a key revenue source that Russia has used to fund its war in Ukraine.
Ukrainska Pravda on MSN
Sanctions impact: One of Russia's largest clothing retail chains goes bankrupt
JSC Modny Kontinent, the owner of Incity, one of the largest clothing retail chains in Russia, has been declared bankrupt by the Moscow Arbitration Court. Cases against the company have been opened. Source: The Moscow Times,
Rep. Brian Fitzpatrick (R-Pa.) on Friday said he has submitted a discharge petition to force a vote on bipartisan legislation imposing punishing sanctions on countries enabling Russia’s war
EU sanctions on Russia and drone attacks drive global diesel refinery margins to a one-year high, impacting prices and supply.
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Russia warns Faroe Islands of potential retaliation over sanctions related to alleged spy ships
Russia is considering retaliatory measures against the Faroe Islands after the Faroese parliament passed a law giving the government the authority to bar Russian fishing companies from its waters, the Russian Foreign Ministry said on Thursday.