Russian oil: UK and European states set to launch plan to target ‘shadow fleets’ July 16, 2024 Prime Minister Keir Starmer is set to launch a "call to action" to the private sector - including insurers - over the use of shadow fleets carrying Russian oil
Binance slaps restrictions on Russian crypto accounts April 21, 2022 Binance has restricted every account held by a Russian national exceeding €10,000 in digital assets, in line with the EU’s latest sanctions.
Oil markets rattled by fears of escalating conflict in Middle East October 15, 2023 Oil prices will begin trading tomorrow following a sharp surge in prices, with investors spooked by the prospect of protracted conflict in the Middle East.
UK sanctions China over ‘horrific’ treatment of Uyghur Muslims January 12, 2021 The UK has imposed sanctions on Chinese businesses in retaliation to the country’s “horrific” and “harrowing” treatment of Uyghur Muslims in the province of Xinjiang. Foreign secretary Dominic Raab announced today that the government would launch a review into which UK products can be exported to Xinjiang and introduce financial penalties for Chinese firms that [...]
UK among G7 countries to ban Russian gold imports June 26, 2022 Exported Russian gold will be shut out of the UK, Canada, US and Japan under a batch of fresh sanctions designed to ramp up pressure on Moscow’s war efforts, the government announced today.
Roman Abramovich and Ukraine: Where is the Chelsea sale money two years on? May 30, 2024 The proceeds totalling £2.5bn from Roman Abramovich’s sale of Chelsea FC still remain unused two years on.
U-Turn: former LSE chief resigns from Russian firm amid backlash March 10, 2022 Xavier Rolet has bowed to pressure and resigned as chairman of PhosAgro, a company facing sanctions over its ties to the Russian government.
UK cracks down on London entity belonging to Iranian oil tycoon September 16, 2024 The British government has targeted a London-based entity of Iranian oil trading empire led by Hossein Shamkhani, as it steps up efforts to stop those sidestepping oil-trading restrictions. Bloomberg revealed last month the role Shamkhani plays in Iranian and Russian oil trading. Shamkhani’s father, Ali, served as a naval commander for the Islamic Revolutionary Guard [...]
City PR firms that got rich from ‘very dirty business’ with Russian oligarchs must be scrutinised, says Browder September 13, 2023 PR firms that got rich from “very dirty business” with Russian oligarchs must be scrutinised, the former fund manager once dubbed the Kremlin’s most wanted man has said.
Oil markets await fresh signals ahead of Biden’s visit to Israel October 17, 2023 Oil prices have risen slightly on both major benchmarks with investors awaiting fresh signals amid sustained geopolitical uncertainty.