The US Treasury’s Russian diesel waiver has split the Western alliance, with Ukraine calling the deal ‘absolutely terrible’ and Europe keeping its own bans fully in place.
Tag: sanctions
Posted inGeopolitics
US Sanctions 22 Vessels and 27 Entities in Biggest Iran Shadow Fleet Strike Yet
Washington hit 22 vessels and 27 entities on 8 October in the largest single-day action yet under Operation Economic Outcast, targeting Iran shadow oil fleet.
Posted inGeopolitics
Trump Signs Graham Act, Giving Washington 100% Tariff Power Over Russia’s Oil Buyers
President Trump has signed the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, authorising tariffs up to 100 per cent on goods from countries buying Russian crude and extending the Iran Sanctions Act for five more years.
Posted inWorld
Twelve Countries Ban Trade with Israeli Settlement Goods
Britain led a twelve-country coalition on September 8 to ban imports from Israeli settlements in the occupied West Bank, drawing a sharp rebuke from Jerusalem.
Posted inGeopolitics
China’s Rare Earth Firms Halt US Shipments as Xi’s Washington Visit Approaches
Chinese rare earth suppliers have refused to ship yttrium, terbium, and gallium to US companies since early August, keeping prices near record highs and complicating diplomacy ahead of Xi Jinping’s September 24 Washington visit.
Posted inGeopolitics
Iran’s IRGC and US Naval Blockade Lock Into Stalemate Over the Strait
With the Islamabad Memorandum’s 60-day window elapsed, Iran’s IRGC is asserting Strait of Hormuz control while Washington enforces its naval blockade and Tehran refuses new sanctions terms.
Posted inGeopolitics
Iran Declares Fully Offensive Military Stance as 60-Day Ceasefire Expires
Iran declared a fully offensive military posture after its 60-day US ceasefire expired, demanding sanctions relief and an end to Washington’s naval blockade.
Posted inGeopolitics
Russia’s Banks Lose $15 Billion in Deposits This Summer as Bond Auctions Halt
Deposit withdrawals from Russian banks reached $3.4 billion in the first fortnight of August alone, putting annual outflows on pace to nearly double 2022 levels and forcing Moscow to suspend government bond auctions indefinitely.
Posted inGeopolitics
China and Russia Blunt Washington’s Push to Financially Isolate Iran
Despite the Trump administration declaring an economic D-Day against Tehran, Beijing and Moscow are sustaining trade and military supply lines that US secondary sanctions cannot easily reach.
Posted inGeopolitics
Bessent Pledges Toughest Sanctions in History Against Iran
US Treasury Secretary Scott Bessent said Washington will impose what he called the greatest coordinated economic isolation of any country in history, warning Beijing that buying Iranian oil makes it a target.