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    Oil rises above $112 as Ukraine conflict offsets supply hope

    04 Mar 2022

    Oil rose above $112 a barrel on Friday in a volatile session as fears over disruption to Russian oil exports in the face of Western sanctions offset the prospect of more Iranian supplies in the event of a nuclear deal with Tehran. Signs of an escalation

    Neutral Switzerland’s economy shaken by sanctions on Russia

    06 Mar 2022

    Switzerland’s newly adopted tough stance on Russia has forced the Swiss economy to readjust to sanctions, blowing a wind of panic through the raw materials market in particular. Switzerland announced Monday it would follow the sanctions being

    Visa and Mastercard suspend operations in Russia

    06 Mar 2022

    New York: Card payment giants Visa and Mastercard announced on Sunday they will suspend operations in Russia, the latest major US firms to join the business freeze-out of Moscow over its invasion of Ukraine. “Noting the unprecedented nature

    China CNPC suspends Venezuelan oil loading, worried about US sanctions: Sources

    19 Aug 2019

    China National Petroleum Corp has halted August loadings of Venezuelan oil following the latest set of US sanctions on the South American exporter, two Beijing-based senior sources with direct knowledge

    US, South Korea and Japan impose fresh sanctions on North Korea

    02 Dec 2022

    Washington's action, announced on Thursday, blocks any assets of three North Korean officials in the United States, a largely symbolic step against an isolated country that has defied international pressure over its weapons programmes.

    Protect your body from viruses, your brain from lies, your heart from panic, says Ukrainian leader

    26 Jan 2022

    Volodymyr Zelenskiy urged his compatriots on Tuesday to stay calm as Russia amasses troops on the border. The rare sanctions threat from the US comes as NATO places forces on standby and reinforces eastern Europe with more ships and fighter jets in response to Russia's troop build-up.

    CBUAE imposes an administrative sanction on an Insurance Company operating in country

    16 Jun 2022

    On 18 May 2022, the CBUAE imposed a prohibition on the insurance company from issuing additional policies to new customers for one year from the date of the notification, as a result of its failure to meet its regulatory obligations.

    EU set to pile more sanctions on Iran over violent crackdown on protesters

    14 Nov 2022

    In a first round of sanctions in October, the European Union imposed travel bans and asset freezes on 15 Iranian individuals and institutions linked to the young woman's death and the clamp-down on protests.

    Turkey says EU measures will not affect Cyprus drilling

    16 Jul 2019

    EU foreign ministers on Monday agreed measures including cutting 145.8 million euros ($164 million) in pre-accession financial funds to Turkey allocated for 2020.

    US puts sanctions on Myanmar armymen over Rohingya abuses

    17 Jul 2019

    The United States on Tuesday announced sanctions on the Myanmar military’s Commander-in-Chief Min Aung Hlaing and other military leaders it said were responsible for extrajudicial killings of Rohingya Muslims, barring them from entry to the United States.

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