UK Sanctions Leaders of Sudanese Army and Paramilitary Group over Atrocities
The UK on Thursday imposed new sanctions on six individuals it says are fueling Sudan’s war, including through the recruitment of foreign fighters and financing of military operations.
Trump Administration Readies License to Extract Venezuelan Oil
The Trump administration is preparing to issue a broad Treasury Department license as soon as this week that would allow companies to pump oil in Venezuela, a move aimed at easing U.S. sanctions and jump-starting investment in the country’s decaying energy infrastructure.
Bank of Scotland Fined £160,000 for Failing to Flag Blacklisted Putin Ally
The UK’s Office of Financial Sanctions Implementation (OFSI) has levied a £160,000 monetary penalty on Lloyds Banking Group for violations of Russia sanctions made by its subsidiary Bank of Scotland Plc.
U.S. Imposes Sanctions on Nine Ships in Response to Iran Crackdown
The U.S. Treasury Department on Friday blacklisted nine ships and their owners in response to Iran’s ongoing crackdown on protestors, including Tehran’s decision to shut down internet access within the country.
OFAC Levies Sanctions on Hamas-Linked Charities
The U.S. is targeting Hamas’ covert support network, including six Gaza-based nonprofits that purportedly masquerade as medical charities while supporting the Palestinian group’s militant wing.
How a U.K. Loophole Hands the Kremlin Tens of Millions of Pounds Each Month
A senior Labour lawmaker is urging the British government to close a sanctions loophole that allows jet fuel and other refined oil products derived from Russian crude oil to enter the U.K., Politico reported.
Despite U.S. Push, Compliance Risks Remain Deterrent for Firms in Venezuela
President Donald Trump’s apparent green light for doing business in Venezuela is unlikely to prompt a rush of corporate investment, even if U.S. sanctions are rolled back, according to recent reporting by Dow Jones Risk Journal.
Trump Moves U.S.-Controlled Venezuelan Oil Money to Qatar
The Trump administration’s first sale of Venezuelan oil under a new arrangement is valued at $500 million, with much of that money being held in a U.S.-controlled bank account in Qatar, according to Semafor.
Stepping Back from Military Threats, U.S. Imposes Fresh Sanctions on Iran
The White House imposed new sanctions on Iran even as the Trump administration appeared to step back from its threat of military action in response to Tehran’s ongoing crackdown on Iranian protestors, according to The Wall Street Journal.
White House Designates Muslim Brotherhood Branches as Terrorism Groups
The Trump administration designated three Middle Eastern branches of the Muslim Brotherhood as terrorist organizations, claiming the groups contribute to regional instability and violence.