Sanctions | Egypt Oil & Gas
Russia Extends Diesel Export Ban Until September 30
Russia has extended its ban on diesel exports until September 30 as the country seeks to stabilize its domestic fuel market, Reuters reported, citing the Russian government. The extension also applies to exports of ma...
US Sanctions Wellbred Capital Over Links to Iranian Oil Network
The US has imposed sanctions on Singapore-based Wellbred Capital and affiliated trading companies in the UAE and Switzerland, citing their links to Iran as Washington intensifies efforts to disrupt Tehran’s global fin...
Revised US, Russia Sanctions Bill Sparks Tariff Concerns
US senators have released a sanctions bill targeting Russia, lowering the proposed tariff to 100% from 500% in the previous version in an effort to secure broader congressional support, Reuters reported. However, Demo...
US Waiver Sparks Iran, Japan Oil Resumption Talks
Iran has initiated preliminary talks with Japanese firms to resume crude oil sales under a temporary 60-day US sanctions waiver issued on June 22, Reuters reported. The initial discussions mark a potential return to I...
US Waiver on Russian Oil Purchases Expires
The Trump administration allowed a sanctions waiver that had enabled countries, including India, to buy Russian seaborne crude to expire. According to Reuters, the waiver, which had been extended in April for one mont...
New US Sanctions Target Iran Oil Shipments to China Ahead of Trump-Xi Meeting
The US has imposed sanctions on three individuals and nine companies for facilitating Iranian oil shipments to China, including entities based in Hong Kong, the United Arab Emirates (UAE), and Oman, according to Reute... US Tightens Sanctions on Iranian, Russian Oil as Waivers Expire
The US will not renew a 30-day sanctions waiver on Iranian oil shipments at sea set to expire this week, while also allowing a similar waiver on Russian oil to lapse over the weekend, according to administration offic...
India to Receive First Iranian Oil in Seven Years After US Eases Sanctions
India is poised to receive its first shipment of Iranian oil in seven years, following the temporary lifting of US sanctions on Iranian crude and refined products to ease global supply pressures, according to Reuters....
