Cuba experienced another large-scale blackout due to the shutdown of its energy system. The country is suffering from fuel shortages and the blocking of oil supplies from the US.
Yuri and Lidiya Korzhavin, a UAE-based firm, and two other foreign nationals were removed from the lists. The US Treasury Department did not officially state the reasons for lifting the restrictions.
The Sea Horse tanker with Russian diesel fuel changed its destination after updated US sanctions. Cuba remains in an energy crisis without oil supplies.
The US Treasury Department has added Cuba to the list of countries prohibited from unloading Russian oil products. The island is suffering from fuel shortages and an energy blockade.
The US Treasury Department has authorized transactions with Venezuela's PDVSA to stabilize global prices. The decision aims to increase fuel supply.
Oil is getting cheaper due to US efforts to open the Strait of Hormuz and record release of global reserves. The UAE halved production due to the conflict.
The price of a barrel of Urals in Indian ports reached $98. 93 after the US allowed the purchase of crude oil at sea. The discount on Russian oil fell to a minimum.
The US has eased restrictions on Russian oil to stabilize the market until April 11. Donald Trump promises to reinstate sanctions after the crisis in Iran is over.
The Rewards for Justice program has announced a reward for information on Mojtaba Khamenei and IRGC leaders. The individuals are accused of terrorist acts.
Brent price rose by 9% in a week due to supply risks in the Strait of Hormuz. The US temporarily allowed the purchase of Russian oil to stabilize the market.
The US Treasury Department has introduced a temporary permit for the purchase of Russian oil loaded on tankers until April 11. The decision was made to stabilize the market.
US senators accuse Trump of violating the law by allowing India to buy Russian oil. The Treasury Department calls it a temporary measure for the energy market.
The US Treasury Department has issued a license allowing Indian companies to purchase Russian oil at sea. This is an emergency measure to compensate for fuel shortages due to the closure of the Strait of Hormuz.
Trump's advisers have developed a plan to counter rising energy prices due to the war with Iran. It includes state insurance guarantees for tankers and naval escort.
Iranian warship IRIS Dena sank off the coast of Sri Lanka. 32 people were rescued, one is in critical condition.
U. S. federal prosecutors have informed interim Venezuelan President Delcy Rodriguez of potential charges of corruption and money laundering if she fails to comply with Trump's demands. The draft charges have been under development for the past two months.
The Palau-flagged tanker Skylight, which is under US sanctions, was attacked off Oman's Musandam Peninsula. Four crew members were injured, and 20 people were evacuated.
The United States has slowed down the sale of international assets of Russian oil giant Lukoil to put pressure on Russia in peace talks on Ukraine. OFAC extended the deadline for concluding deals until April 1, and the next round of negotiations between the US, Russia, and Ukraine is scheduled for March.
Nicolás Maduro's defense asks a New York court to drop charges due to the inability to pay for legal services. The U.S. Treasury Department is blocking funds that Venezuela is ready to provide for the defense.
The U. S. Department of the Treasury proposes to disconnect the Swiss MBaer Merchant Bank from access to the American banking system. This is due to accusations of facilitating corruption and money laundering for Russia, Iran, and Venezuela.
The US imposed new sanctions against three Russian companies and four individuals due to cybersecurity threats. The restrictions include asset freezes and a ban on transactions with them.
US military boarded the tanker Veronica III in the Indian Ocean after tracking the vessel from the Caribbean Sea. This is part of US efforts to stop the illegal transport of oil linked to Venezuela.
The US Treasury Department has authorized the sale of diluents to Venezuela, which is key to its oil sector. This decision allows American companies to process payments and contributes to the restoration of Venezuela's oil industry.
Iran is restoring nuclear facilities in Isfahan and Natanz damaged by US bombing. Aerial photographs from Planet Labs PBC show the restoration of building roofs, which may indicate attempts to salvage intact nuclear materials.
The US has imposed extensive sanctions on Iranian officials for shooting protesters and for mass repression in the country.
Most of the US government shut down on January 31 due to a shutdown. The funding hiatus is expected to be short-lived.
U. S. President Donald Trump and Senate Democrats have reached an agreement to avoid a prolonged shutdown of much of the federal government. The deal provides funding for the entire government, except for the Department of Homeland Security, until September.
Acting Venezuelan President Delcy Rodriguez has signed a law allowing the privatization of the oil sector, overturning a socialist principle. This paves the way for foreign investment and the revitalization of the industry.
Donald Trump has filed a $10 billion lawsuit against the Internal Revenue Service and the Treasury Department over the leak of his tax returns in 2019-2020. The former president accuses the agencies of failing to protect confidential data and of politically motivated persecution.
US President Donald Trump has declared a national emergency over the threat from Cuba, introducing a new tariff system. This will allow the US to impose tariffs on goods from countries that supply oil to Cuba.
