(Bloomberg) — The Trump administration is preparing to force more companies to stop working in Venezuela, increasing pressure on President Nicolas Maduro after ordering Chevron Corp. to end operations there, according to people familiar with the matter. Officials have told companies including French oil producer Etablissements Maurel & Prom SA and an asphalt company run … Read more
A new wave of US sanctions against the Russian oil sector is unlikely to impact the Kremlin’s oil trade with India, Russia’s First Deputy Energy Minister Pavel Sorokin said, terming the sanctions as “illegal”. Last month, the US slapped new sanctions against Russia’s energy trade. The sanctions targeted Russian oil producers Gazprom Neft and Surgutneftegas … Read more
WASHINGTON — The U.S., U.K. and Australia on Tuesday sanctioned a Russian web-hosting services provider and two Russian men who administer the service in support of Russian ransomware syndicate LockBit. The Treasury Department’s Office of Foreign Assets Control and its U.K. and Australian counterparts sanctioned Zservers, a Russia-based bulletproof hosting services provider — which is … Read more
NEW DELHI: As the Trump administration threatens to roll back the sanction waiver that allowed India to develop the strategic Chabahar port in Iran, the Indian government Monday strongly backed the port saying it has provided a much-needed alternative route to Afghanistan for its reconstruction and economic development, while boosting trade linkages with Central Asia.The … Read more