Russia, European Union and Sanctions
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Crude oil futures were little changed on Friday on mixed U.S. economic and tariff news and worries about oil supplies following the European Union's latest sanctions against Russia for its war in Ukraine.
The E.U. approved plans to lower a price cap on Russian oil and ban transactions with 22 more Russian banks, pressing ahead with sanctions without the U.S.
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The European Union is targeting Russia with more sanctions over its war on Ukraine. The aim is to deprive Moscow of energy revenue through a lower oil price cap and a ban on transactions with Nord Stream gas pipelines.
By Timour Azhari DAMASCUS (Reuters) -U.S.-based firms Baker Hughes, Hunt Energy and Argent LNG will develop a masterplan for Syria's oil, gas and power sector, Argent LNG CEO Jonathan Bass said on Friday,
Britain’s foreign ministry said it sanctioned 18 officers working for Russian military intelligence, known as the GRU, along with three units. It said the officers were also accused of targeting the family of a former Russian spy who was later poisoned in the U.
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The United States has sanctioned the head of the Tren de Aragua gang and five key leaders and affiliates on Thursday.
Snapback” sanctions will be triggered by the end of August if Tehran fails to make concrete progress to limit its nuclear program.
A number of Russian spies have been sanctioned for conducting a "sustained campaign of malicious cyber activity" including in the UK, the Foreign Office has said. Three military intelligence units from Russia's GRU espionage agency and 18 officers have had sanctions placed on them for "spreading chaos and disorder on [Russian President Vladimir] Putin's orders".