Oil Embargo

The EU’s ban on Russian oil, explained

EU leaders have agreed to implement a ban on 90 percent of Russian oil imports in the latest package of sanctions against Russia.

EU countries split over Russian oil embargo plan

Bloc members are preparing sanctions on oil sales from Russia over its assault on Ukraine that could deprive Moscow of a large revenue stream within days, but some members are jockeying to opt out of such an embargo.

BP posts $20B quarterly net loss on Russia exit

The company was pushed into a headline loss of $20.4 billion in the quarter following its decision in February to pull its 19.75-percent stake in Russian energy group Rosneft.

The United States of Sanctions

In addition to the recent sanctions on Turkey, as of 2020, the US has imposed thousands of sanctions on several countries, organisations and individuals.

'Whoever starts a war with Iran will not be the one to finish it' – Zarif

German FM Heiko Maas holds "frank" and "serious" talks with Iran's FM Javad Zarif in Tehran, with the latter warning US "cannot expect to stay safe" after its "economic war" against Tehran.

Putin, Macron say negotiation only way to defuse North Korea tensions

Both leaders condemned Pyongyang's "provocative" actions, which risk leading to "irreversible consequences," and agreed on the need for a diplomatic solution to the crisis.

US formally requests for a UNSC vote on North Korea

Washington has presented a draft UN resolution calling for new sanctions on Pyongang despite resistance from Russia and China. The move comes following North Korea's sixth nuclear test.

Putin says war talk will not scare North Korea

The Russian president said Pyongyang would not end its nuclear and missile programmes because it views them as its only means for self-defence.

UN expands North Korea sanctions in response to missile tests

The UN Security Council unanimously adopted a US-drafted resolution that imposes sanctions on 18 North Korean officials and entities.