G7 vows to uphold sanctions, crack down on third countries, keep Russian assets frozen
The EU moves against loopholes in sanctions enabling western defense technology to enter Russia
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Sanctions
327 posts
Closing loopholes: the key to crippling Russia’s oil and gas profits
Tighter enforcement and expansion of sanctions on Russian fossil fuels could cause the Kremlin's profits to plummet up to 50% by 2030, according to the IEA.
Russian fuel purchased by the EU brought Putin EUR 1.1 billion in direct tax revenues last year — report
The fuel entered the EU through Turkish and Indian refineries due to a loophole in sanctions.
EU adopts 13th package of sanctions against Russia
The EU took aim at Russian military supply chains in third countries like China and Turkey, sanctioning 27 companies that "directly support Russia's military and industrial complex." New sanctions also directly target an additional 106 Russian individuals and 88 entities, bringing the total above 2000 facing penalties.
British tech fuels Russia’s war machine in Ukraine
Sky News has discovered that Russia is importing British high-tech equipment and components through third countries, despite Western sanctions.
Politico: EU seeks action to stop illegal exports of Western goods to Russia
The European Commission has notified EU countries of the problem of illegal exports to Russia, which has been exploiting sanctions loopholes to fuel its war machine.
US imposes sanctions on key procurement network supporting Iran’s missile and UAV programs
The US sanctions target four entities based in Iran and Hong Kong, designated for facilitating supplies to sanctioned Iranian military organizations.
EU extends sanctions against Russia over Ukraine invasion
The EU has renewed its economic sanctions against Russia, which were first imposed in 2014.
Insider: GRU officer in Brussels funnels military exports to Russia
Just steps from the EU capital, a Russian GRU veteran and sons mastermind a scheme to keep Russia's military machine rolling with banned Western equipment
FT: Russia still imports one-third of essential war tech from Western companies
This is one of the downsides to western companies outsourcing production to Asian countries with more lenient export controls
Russian billionaire family exploits EU sanctions loopholes to support Russian military – investigation
KAMAZ, a Russian truck manufacturer supplying vehicles for Russia's war against Ukraine, acquires spare parts from Austria through relatives of its owner Sergey Kogogin, who are still not subject to EU sanctions
EU imposes sanctions on Russia’s Alrosa, world’s largest diamond mining company
The EU has imposed sanctions on Russia’s state-owned diamond company “Alrosa” and its CEO Pavel Alekseevich Marinychev in…
Block Western CNCs, then Russia’s arsenal fails
Advanced western machine tools that can automatically cut out any high-precision metal part are a gaping hole in the West's sanctions on Russia's war machine
Zelenskyy imposes sanctions on Russian individuals, companies operating in occupied territories of Ukraine
Ukrainian President Volodymyr Zelenskyy has signed decrees on personal sanctions targeting eight Russian individuals and 51 legal entities…
Insider: Western companies supply spare parts for Russian tanks
The Insider's investigation exposes a global supply chain supporting Russia's military enterprises.
Japan expands sanctions over Russia’s war in Ukraine
In response to Russia's ongoing invasion of Ukraine, Japan has expanded sanctions, targeting additional firms and entities, including export bans beyond Russia and its ally Belarus.
Reuters: Austria seeks removal of Raiffeisen from Ukraine blacklist in exchange for Russia sanctions support
While Austria publicly backs Ukraine, officials admitted anonymously that they remain reluctant to fully cut long-standing relations with Moscow, Reuters stated.
EU imposes sanctions on individuals and entities linked to Iran’s military support for Russia
The EU announced sanctions against six individuals and five entities linked to Iran's unmanned aerial vehicles program, which Russia uses it its "illegal, unprovoked, and unjustified" war of aggression against Ukraine.
Ukraine launches public database tracking foreign components in Russian, Iranian weaponry
The War and Sanctions portal currently features a list of over 2000 components that Russia and Iran utilize in various missiles, UAVs, electronic warfare systems, and numerous other forms of weaponry and military technology.
G7 to impose sanctions on Russian diamonds by early 2024
In previous sanction packages, Russia faced bans on exports of coal, gas, gold, vodka and caviar. However, diamonds represent one of Russia's top ten non-energy exports by value, with 2021 diamond exports totaling over $4.5 bn.