US Treasury Lifts Sanctions on CPC and Tengizchevroil: A Strategic Move for Oil Exports
May 16, 2025
On May 15, 2025, the US Department of the Treasury announced the removal of anti-Russian sanctions affecting the Caspian Pipeline Consortium (CPC) and the Kazakh company Tengizchevroil. This decision facilitates the resumption of operations previously ...
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EU Aims to Close Baltic and North Seas to Russian Tankers
May 13, 2025
The European Union is set to intensify sanctions against Russia by targeting 17 vessels linked to the notorious “shadow fleet,” which has been utilized to evade oil sanctions. According to EUobserver, 25 of these ships ...
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U.S. and Ukraine Reach Agreement on Resource Access
May 1, 2025
The United States and Ukraine have signed an agreement regulating access to Ukraine’s natural resources and establishing a joint investment fund aimed at reconstruction. The announcement was made by the U.S. Department of the Treasury, ...
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