Russia

Stay current on Russian activities, sanctions programs, and global policies amidst its ongoing war on Ukraine with in-depth analyses and insights into the intricate dynamics shaping Russia’s economic landscape and activities.

Biden Signs Executive Order Targeting Foreign Banks Supporting Russia

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US President Joe Biden on December 22, 2023, signed an executive order to authorize the US Treasury Department’s Office of Foreign Assets Control (OFAC) to designate foreign financial institutions that help Russia’s defense industry, as Moscow’s war against Ukraine approaches its two-year anniversary.

Best Practices for the Maritime Oil Industry to Detect Restricted Trade in Russian Oil

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Price Cap Coalition partners have published an Advisory following reports that Russia has been evading the $60 per barrel price cap that was imposed by the Coalition last year. The Advisory provides some best practices and recommendations to the maritime oil industry to help stakeholders reduce their exposure to risks of Russian oil cap evasion by detecting restricted trade in Russian oil.