Ukraine Sees Progress on Disrupting Drone Supply Chains, but Gaps Remain
Ukraine is seeing early signs that sanctions are disrupting Russia’s access to some foreign technology used in Shahed drones, although newly manufactured Western and Asian components are still being found in the weapons.
White House Expected to Extend Russia Oil Sanctions Waiver
The Trump administration is expected to extend its waiver of sanctions on Russian oil this week, according to former Treasury and State Department officials cited by Semafor, a step that could tee up a similar extension for Iranian oil later this month as the White House weighs fuel prices and broader market stability.
Tariff Evasion Schemes Spread as U.S. Duties on Chinese Goods Rise
Companies importing goods from China are increasingly using accounting maneuvers, middlemen, and in some cases apparent fraud to reduce the value of shipments entering the United States and cut the tariffs they owe.
From Chile to China: Criminals Shipped $1bn in Stolen Copper Abroad
Chilean authorities uncovered organized criminal networks that investigators say stole, processed, and shipped copper on a vast scale to Peru and China, exposing a trade worth an estimated 817 billion pesos, or about $917 million, between 2020 and 2025.
Drug Traffickers Used BMPE Scheme and Perfume Sales to Move Money
A Mexican national pleaded guilty to participating in a two-year, multimillion-dollar black-market peso exchange conspiracy that laundered drug trafficking proceeds through Texas to Mexico, the U.S. Justice Department said on Wednesday.
China Turned to Small Banks, ‘Teapot’ Refineries to Dodge Iran Sanctions
China has helped Iran blunt the impact of U.S. sanctions over the past five years by buying the bulk of its oil exports and supporting a complex financial and shipping network that has allowed Tehran to keep earning billions of dollars in revenue.
Georgian Company is Helping Russia Sell Donetsk Commodities Abroad
A Georgia-based company has inked a deal with Russian-installed authorities in occupied eastern Ukraine to export coal, chemicals, and metals, opening what Le Monde described as a new channel for Moscow to skirt international sanctions.
Misinvoicing in Asian Trade Has Doubled Over the Past Decade: Report
Trade misinvoicing is occurring at “massive scale” across Asian supply chains, with discrepancies in reported invoice values reaching a record $1.7 trillion in 2022 across developing Asia.
OFAC Lifts Sanctions on 3 Russian Ships, Raising Questions of Policy Shift
The United States has lifted sanctions on three Russian-flagged commercial vessels, but the Treasury Department says the move does not signal a broader change in Washington’s policy toward Russia.
India Begins Buying Iranian LPG Again
India has purchased its first cargo of Iranian liquefied petroleum gas in years after the United States temporarily lifted sanctions on Tehran’s oil and refined fuel exports.