Iran Deal to Give Tehran Immediate Oil Sanctions Relief, and Waivers for Banks
The Trump administration’s emerging post-war framework with Iran grants Tehran immediate sanctions relief for oil sales upon the agreement’s signing, with accompanying waivers covering banking, transportation, and insurance services needed to complete those transactions.
EU Proposes 21st Russia Sanctions Package, Targeting Banks and Crypto Networks
The European Union has proposed a sweeping 21st package of sanctions against Russia, with a record-setting wave of bank listings at its core and new measures targeting cryptocurrency platforms, oil traders, and shadow fleet vessels.
U.S. Sanctions Cuban President, Castro Relatives in Growing Pressure Campaign
The United States on Thursday imposed sanctions on Cuban President Miguel Díaz-Canel, his wife, several relatives of former Cuban leader Raúl Castro and five Cuban entities, escalating the Trump administration’s campaign to pressure Havana’s political and military leadership.
House Votes to Advance Sweeping Russia Sanctions over GOP Opposition
The House voted Wednesday to take up legislation that would impose sweeping new sanctions on Russia and provide additional aid to Ukraine, as six Republicans and an independent broke with party leaders to join Democrats in forcing the measure to the floor.
OFAC Blacklists Iran’s Largest Crypto Exchange, DRC Rebel Commanders
The U.S. Treasury Department on Tuesday sanctioned Nobitex, Iran’s largest digital asset exchange, accusing the platform of helping Tehran evade sanctions and facilitate terrorist financing and ransomware attacks.
Russian Airlines Rely on a Shadow Supply Chain for Boeing and Airbus Parts
Russian airlines have largely defied Western sanctions aimed at grounding their fleets by building a shadow supply chain for Boeing and Airbus spare parts routed through India, Turkey, the United Arab Emirates, and Kazakhstan.
Conviction of Ex-Austrian Agent Turns Another Page in Wirecard ‘Spy Novel’
A former Austrian intelligence official was convicted Wednesday of spying for Russia in the largest espionage trial in Austria’s postwar history, delivering a verdict that officials hope will help repair the country’s standing as a hub of hostile foreign intelligence activity.
UK Eases Curbs on Russian Oil-Products as OFAC Targets Hamas, Iran
Britain issued a new sanctions waiver on Tuesday allowing the import of certain diesel and jet fuel processed in third countries from Russian-origin oil, even as the United States separately tightened sanctions on networks it accused of supporting Hamas and helping Iran move oil and petrochemical revenue.
Iran Launches BTC-Backed Insurer for Ships Crossing Contested Strait
Iran has launched a bitcoin-backed insurance service for shipping companies seeking to transit the Strait of Hormuz.
Iran’s Nobitex and Trump’s World Financial Share Some Controversial Friends
Iran’s largest cryptocurrency exchange has moved billions of dollars across two blockchains whose founders are among the most prominent backers of a digital currency venture co-founded by U.S. President Donald Trump and his family.