CFTC To Focus on Prediction Markets, Willful AML Violations
The U.S. Commodity Futures Trading Commission (CFTC) will prioritize enforcement against insider trading in prediction markets, manipulation in energy markets, spoofing, retail fraud, and willful violations of anti-money-laundering (AML) laws, the agency’s new enforcement director said Tuesday.
From Cuba to South Korea, Russian Oil Exports Start Arriving
Cuba was preparing on Monday to receive a sanctioned Russian tanker carrying about 730,000 barrels of oil, offering a temporary lifeline to the island as it struggles through a fuel crisis worsened by a U.S. oil blockade.
U.S. Senators Want to Blacklist Hungarian Officials Holding Up Ukraine Aid
A bipartisan pair of U.S. senators is set to introduce legislation that would seek sanctions on senior Hungarian officials involved in blocking aid to Ukraine and maintaining the country’s reliance on Russian energy.
Even with U.S. Waiver, Iran’s Oil Heads for China
China remains the destination for about 90 percent of Iranian crude exports despite a recent U.S. sanctions waiver intended to release previously restricted oil onto global markets.
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.
Iran-Backed Hackers Wipe Data of More Than 50 Israeli Firms, Target Cameras
Iran-linked hackers have stepped up cyberattacks on Israel in recent weeks, wiping data at more than 50 small businesses and compromising about 50 public security cameras, Bloomberg reported Tuesday, citing Israel’s top civilian cyber official.
Trump’s Iran Sanctions Lift Could Give Tehran $14bn Windfall
President Donald Trump is facing bipartisan blowback after his administration temporarily eased sanctions on Iranian oil, a move that could allow Tehran to sell up to 140 million barrels now at sea and generate as much as $14 billion as oil prices surge during the U.S.-backed war against Iran.
U.S. Mulls Lifting Some Iran Sanctions to Mitigate Oil-Price Surge
The United States may remove sanctions in the coming days on about 140 million barrels of Iranian oil stranded aboard tankers at sea, according to The Guardian, which cited recent comments by U.S. Treasury Secretary Scott Bessent.
Russia’s Shadow-Fleet Broker is Banking on Sanctions Lift and Oil Demand
A trader identified by The Wall Street Journal as a central figure in Russia’s shadow fleet has revived his oil business after the Iran war disrupted supplies from the Persian Gulf and boosted demand for Russian crude that had been stranded at sea.
U.S. Lifts Major Restrictions on Venezuela’s PDVSA
The United States on Wednesday issued a general license broadly authorizing U.S. companies to do business with Venezuela’s state-run oil company PDVSA, a move that could unlock new investment and eventually increase the country’s crude production capacity.