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Sanctions and related policies

Iran framework deal emerging but more time required

In the middle of America's long Memorial Day weekend, U.S. President Donald Trump himself announced on May 23 that a peace deal is "largely...

U.S. continues choking off the support lifeline for Cuba

Under unrelenting U.S. economic pressure, the Cuban economy in the first five months of 2026 has deteriorated into what many observers describe as the...

China hosts Trump: High scores on ceremony but modest deliverables

No one should be surprised that U.S. President Donald Trump’s China visit on May 13-15 had a heavy focus on ceremony and symbolic messaging,...

U.S. powers up Iran sanctions programs

The U.S. Treasury Department, under its new program called “Economic Fury,” announced in rapid succession five sets of fresh Iran sanctions beginning on April...

U.S. waiver for Russia oil sanctions brings dismay, not price stability

On March 12, the United States temporarily waived existing sanctions on Russian oil that is already at sea, allowing it to be delivered to...

With Middle East war underway, Southern Gas Corridor reinforces EU energy security

The European Union and Azerbaijan reconfirmed their strategic energy partnership this week in Baku as the EU continues to reduce its dependencies on Russian...

New U.S. Iran sanctions for recent violent repression and corruption

After the reimposition of United Nations “snapback” sanctions on Iran on September 27, 2025, in connection with unfulfilled Iranian nuclear program control and inspection...

Venezuelan, Iranian oil disruptions unlikely to redefine oil market trajectory

The recent U.S. actions in Venezuela and the volatile situation in Iran as the government cracks down on demonstrations currently appear to have limited...

Another Trump Iran pronouncement – tariff details to follow

In typical Trump style, U.S. President Donald Trump’s January 12 announcement of stiff new tariffs on Iran’s trading partners was devoid of almost all...

EU writes itself out of the Ukraine war peace drive

By settling for a “Plan B” style Ukraine relief loan using the EU’s financial creditworthiness instead of making a politically decisive but risky decision...

Venezuela: Seizures, sanctions and now a U.S. oil blockade

Amid increasing tension between the U.S. and Venezuela with new U.S. economic sanctions announced on December 11 and the U.S. military’s seizure of the...

Another Russia-tilting Trump peace proposal emerges

President Donald Trump apparently has no more refined strategy than to disrupt the flow of world business/diplomacy with an outrageous opening salvo to make...

Watering down U.S. Russia sanctions for Hungary – what was gained?

For a while, it appeared as if the war in Ukraine was again a top priority in the White House, but ultimately that turned...

DPRK cybercrime and illicit IT workers targeted by new U.S. sanctions

North Korean (DPRK) state-linked cyber actors have stolen and laundered billions of dollars (primarily cryptocurrency) using a global ecosystem of hackers, shell companies, front...

Serbia’s energy dilemma: How to break from Russia and save its stability

Serbia’s energy “decoupling” from Russia seems to be on the horizon. The Southeast European nation, long heavily dependent on Russian gas -- and, to...

As Trump’s Ukraine peace initiative fades, new U.S. sanctions unleashed

The war in Ukraine is again front and center in the White House. While U.S. President Donald Trump’s Gaza peace drive had started to...

After the “snapback,” large new set of U.S. Iran sanctions announced

Less than two weeks after the reimposition of United Nations  “snapback” sanctions on Iran on September 27, the U.S. Government announced a substantial new...

UN sanctions reimposed on Iran after commitments breached

Back on August 28, France, Germany, and the UK (the so-called “E3”) formally initiated the process to reimpose UN sanctions on Iran aka "snapback."...

Washington sanctions Sudanese Islamist actors

On September 12, the U.S. Department of the Treasury through the Office of Foreign Assets Control (OFAC) imposed sanctions on two Sudanese Islamist actors...

United States sanctions foreign NGOs engaged in ICC’s targeting of Israel

Further increasing tension between the U.S. and the UN ahead of this month’s UN General Assembly, scheduled to begin the UN's 80th anniversary celebrations...

Symbolic optics from China or movement toward a new global order?

With the UN General Assembly in New York less than a month away, China’s leadership was able to grab global attention for many days...

Trump’s Ukraine peace initiative stalls out

U.S. President Donald Trump’s summer of disrupting almost everything is now winding down with major peace agreements still eluding him, along with a potential...

Alaska summit hands Putin formal recognition but yields few results

U.S. President Donald Trump and his Russian counterpart Vladimir Putin met for the first time in six years to discuss peace for Ukraine in...

U.S. expands sanctions against malicious actors in Middle East

Waiting for U.S. President Donald Trump’s go-ahead for new sanctions against Russia and its major oil customers, due in early August, Washington’s army of...

EU finally clears the roadblocks, adopts new Russia sanctions package

On July 18, the EU finally adopted its long-delayed 18th package of sanctions on Russia, focusing heavily on the oil trade, but which also...

Cyprus Energy Minister warns against creating new dependencies

The European Union needs to avoid “new dependencies” as it plans to phase out Russian energy supplies and meet its green transition goals, Cyprus...

U.S. sanctions malicious North Korean and Russian cyber actors

The U.S. has been working to crack down on what it warns is a wide-scale, concerted effort by North Korea to dupe American firms...

Washington orders sanctions responding to ICC actions targeting the United States and Israel

On June 5, the United States announced sanctions against four judges currently serving as International Criminal Court (ICC) judges for what it described as...

EU Commission plans Russian gas phaseout as MEPs propose easing pre-winter storage targets

Ensuring gas supply security ahead of the winter season, the European Parliament approved in Strasbourg on May 8 the Commission's proposal to extend the...

Ahead of nuclear talks, Trump administration orders new sanctions on Iran’s shadow fleet and Chinese refiners

Washington’s sanctions campaign of “maximum pressure on Iran” is intensifying, despite the start of initial discussions between the U.S. and Iran over nuclear issues...

U.S. sanctions officials for undermining Hong Kong’s autonomy

The United States has imposed new sanctions on six Hong Kong and Chinese officials to punish China for the ongoing crackdown on democracy advocates...

Ignoring Russia, latest Trump administration Iran sanctions increase pressure on an old enemy

On March 13, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned (“designated” in OFAC language) Iran’s Minister of Petroleum, Mohsen...

Weaning Europe off its Russian gas addiction

The Viking hero Ragnar Lodbrok once said “don't waste your time looking back. You're not going that way.” The words of the former king...

Swedish Foxtrot criminal network in Washington’s sanctions crosshairs

The U.S. Treasury is targeting the “Foxtrot Network,” which is one of the most notorious criminal gangs based in Sweden and has conducted shootings,...

Washington targets Houthi leaders for terrorism, Russia ties and weapons procurement

Under U.S. President Donald Trump, there is no ambivalence in Washington regarding the Houthis. Handling all of the statutory requirements required to press the...

Trump administration unleashes first sanctions on Iranian shadow fleet

On February 6, the Department of the Treasury unleashed the first wave of the new Trump administration’s economic sanctions using the tried-and-true U.S. Government/Treasury...

The Biden administration’s parting gift to Russia: Still more sanctions

Clearly working overtime to underscore the Biden administration’s desire to inflict maximum economic pain on Moscow and its coterie of Ukraine invasion supporters outside...

Righteous indignation over Maduro’s inauguration unlikely to change Venezuela’s dark reality

President Nicolas Maduro of Venezuela was sworn in on January 10 for his third six-year term. Promising that his third term would be one...

Stringent new energy sector sanctions on Russia announced

On January 10, the U.S. Government released a massive new listing of over 200 entities and individuals involved in Russia’s energy sector for Ukraine-related...

EU searches for alternatives before Russian gas to Europe via Ukraine stops

The Ukrainian government has repeatedly stated that it will not extend a transit agreement, which has provided political, commercial, technical and legal grounds for...

OPEC+ postpones plans to increase production over supply unease

The Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia, known collectively as OPEC+, decided on December 5 to delay its planned...

Biden administration takes final steps to counter global corruption and human rights abuses

Announcing a global grab-bag of new sanctions, possibly some of its last, the Biden administration took major steps on December 9 by authorizing new...

U.S. sanctions Russian banks, finance officials and securities registrars

The U.S. announced on November 21 new sanctions targeting Russia’s largest remaining non-designated bank (Gazprombank), as well as dozens of other financial institutions and...

Washington targets Syrian conglomerate funding Iran and Houthis

On November 14 the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned 26 companies, individuals, and vessels associated with the...

Drone producers in China and Russia face new U.S. sanctions

In recent months, the Biden administration’s sanctions taskmasters at the State and Treasury Departments have clearly gone into overdrive, designating new targets/entities at least...

The complex politics of Caspian gas

For the countries bordering the Caspian Sea, gas has always been a major economic resource and, in most cases, one of the biggest contributors...

U.S. expands sanctions on Iranian petroleum sector, targeting “ghost fleet”

In the aftermath of Iran’s unprecedented October 1 ballistic missile attack against Israel, Washington made it clear that Iran would face consequences for its...

Washington orders new sanctions against Hamas’ sham fundraising network

Going after key elements of the Hamas European fundraising network on the anniversary of the Gaza war, on October 7 the U.S. Treasury Department’s...

Supplying Russia and Iran, Armenia emerges as a new sanctions black hole

For the past two years, Armenia has been attempting to demonstrate its shift towards the West, all the while maintaining its geopolitical role as...

Georgian officials sanctioned for anti-democratic actions and human rights abuses

In the continuing wave of new sanctions announcements this month against actors who are seen as undermining democracy and abusing human rights, the Biden...

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