OFAC Issues New Sanctions Aimed at Venezuela’s Oil Sector
The U.S. Treasury Department on Wednesday imposed new sanctions on four companies it said were operating in Venezuela’s oil sector, along with associated oil tankers.
Sanctions
Congress Repeals ‘Caesar’ Sanctions in Shift Toward Post-Assad Syria
U.S. lawmakers have voted to repeal the 2019 Caesar Civilian Protection Act, ending a far-reaching sanctions regime that broadly targeted any entity providing goods or services to Syria’s government, the Financial Times reported.
Russian Oligarchs are Using European Treaties to Sue Ukraine for Vast Sums
Russian billionaire Mikhail Fridman and other oligarchs are exploiting European investment treaties to sue Ukraine for hundreds of millions, and in some cases billions, of dollars, according to a new investigation by Follow the Money.
How Russia’s ‘Shadow Fleet’ Keeps the Oil Flowing
A Russian “shadow fleet” tanker sanctioned by the UK, EU and U.S. continued transporting oil in late 2025, underscoring what an investigation by Follow the Money describes as the limited impact Western measures have had on the cash flow Moscow earns from crude exports.
Plus Ultra Airline Probed for Alleged Ties to Venezuela Money-Laundering Network
Spanish prosecutors are investigating whether Madrid-based airline Plus Ultra used a €53-million Covid-era bailout to launder money embezzled from Venezuela through a web of companies in France, Switzerland and Spain, according to a report in El País.
U.S. Targets Alleged Financial Network Tied to Colombian Mercenaries in Sudan
The United States has imposed sanctions on four individuals and four companies it says helped recruit, pay and deploy Colombian mercenaries to fight for Sudan’s Rapid Support Forces (RSF).
U.S. Lawmakers Weigh Lifting ‘Caesar’ Sanctions on Syria
Tough U.S. sanctions imposed on Syria under former president Bashar al-Assad are on track to be lifted within weeks, after lawmakers folded their repeal into a sweeping annual defense policy bill.
Standard Chartered Settles £1.5bn Lawsuit Over Sanctions Liability
Standard Chartered has settled a £1.5-billion investor lawsuit in London that alleged the bank downplayed the scale of its Iran sanctions breaches and misled shareholders about its compliance controls, the Financial Times said.
UN Special Rapporteur Calls for End of U.S. Sanctions on Cuba
United Nations expert is calling for the United States to lift its decades-old sanctions on Cuba, citing their corrosive impact on the country’s populace and economic future, Al Jazeera reported.
Fugitive Ex-Wirecard Exec Jan Marsalek Tied to Multibillion-Dollar Laundering Ring
Fugitive former Wirecard executive Jan Marsalek has been linked to a sprawling, multibillion-dollar money laundering network that British investigators say connects street-level drug dealers in the UK to sanctioned Russian oligarchs and the Kremlin’s security services, the Financial Times reported.