Iran seeking sensitive tech from private industry for drone program, US agencies warn
The Departments of Commerce, Justice, State and Treasury issued a warning on Iran's efforts to circumvent sanctions to acquire sensitive tech for drone programs.
Republican senators sound alarm about national security threats posed by Chinese cloud computing firms
Republican senators wrote a letter to the Biden administration Tuesday, urging it to take action against cloud computing firms with links to China.
North Korean banker indicted, 2 others sanctioned over cryptocurrency money laundering scheme
A representative of a North Korean bank was indicted Monday and his co-conspirators were sanctioned for their involvement in a cryptocurrency money laundering scheme.
US surpasses Russia as Europe’s top supplier of crude oil
The European Union imported more oil from the U.S. than Russia in December 2022, marking the EU's shift away from Russian energy following its invasion of Ukraine.
US authorizes seizure of $25M plane owned by Russian oil company Rosneft: DOJ
A warrant to seize a $25 million aircraft owned by Russian oil company Rosneft has been obtained after authorities found operations of the jet violated sanctions imposed on Russia.
US slaps North Korea with new sanctions targeting the 'regime’s global illicit networks'
The Treasury Department slapped three companies and two individuals with fresh sanctions on Wednesday for "illicitly generating revenue" for North Korea.
Iran's currency plummets to all-time low amid anti-regime protests, sanctions
Iran's currency fell to a record low against the U.S. dollar on Sunday as the country's economy struggles with the impact of internal unrest and sanctions.
US slaps new sanctions on Russia over Ukraine war, raises tariffs
The U.S. Treasury Department announced new sanctions against individuals and companies tied to Russia's defense sector to hobble Russia's war machine.
Yellen warns China of 'serious consequences' in helping Russia skirt US sanctions
China would face serious repercussions if helped China evade a slew of Western sanctions, Treasury Secretary Janet Yellen said ahead of a G20 meeting.
FBI 'very interested' in determining where Chinese spy balloon was manufactured
The Chinese surveillance balloon that transited U.S. airspace and was shot down contained Western-made parts with English writing, Fox News has confirmed, as efforts to recover debris continue.
US sanctions Iranian drone maker for supplying Russia's operations in Ukraine
The U.S. Treasury announced new sanctions against an Iranian drone manufacturer for providing Shahed drones to Russia that the Kremlin has used in airstrikes against Ukraine.
Russia boosts China trade to counter Western sanctions
Russia and China have spent years building stronger economic ties, including a $55 billion gas pipeline and Russia’s increased usage of China’s yuan.
Russian oligarchs invest in US commercial real estate, bypassing sanctions as feds warn banks
The Treasury's Financial Crimes Enforcement Network warned banks to be on the lookout for Russian oligarchs trying to evade sanctions by investing in U.S. commercial real estate.
US Treasury announces additional sanctions on Russia's Wagner Group
The U.S. Treasury Department expanded sanctions on Russia's Wagner Group and announced new sanctions for entities supporting the military complex.
Two charged with evading US sanctions to help Russian oligarch protect $90 million yacht
Two men have been charged with protecting the ownership of a $90 million owned by a Russian oligarch Viktor Vekselberg, authorities said.
Putin accuses West of 'robbery' through sanctions in national speech on flagging economy
Russian President Vladimir Putin accused the West of "robbery" operating under the guise of international sanction as penalties bite Moscow's economy.
Canada revokes Nord Stream sanction waiver despite European energy woes
Canada has revoked a temporary sanction waiver issued to allow repairs to the Nord Stream pipeline and said Putin showed no intention of getting the pipeline back up and running.
Russian oil sanctions fuel boom for old tankers
As Western shipping and maritime services firms steer clear of Russian oil to avoid falling foul of sanctions or harming their reputations, new companies have leapt into the void.
U.S. sanctions Iranian officials involved in crackdown on protesters
The Treasury Department announced new sanctions for human rights violations against a trio of Iranian officials involved in the regime's crackdown on protesters in predominantly Kurdish regions of the country.
OPEC+ eyes output increase ahead of restrictions on Russian oil
Another factor driving discussion around raising output: Two big OPEC members, Iraq and the United Arab Emirates, want to pump more oil, OPEC delegates said.