As the West moves to intercede in oil trading, OPEC Plus, led by Saudi Arabia, is expected to protect its own interests.
Tag: Embargoes and Sanctions
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How a German State Helped Russia Complete Nord Stream 2
The threat of U.S. sanctions jeopardized completion of a second direct gas pipeline from Russia. So Gazprom and German officials concocted a phony climate foundation to get the job done.
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US Eyes $156 Million Yacht in Dubai Linked to a Russian Oligarch
The U.S. Justice Department is taking steps to seize the Madame Gu, a 324-foot luxury yacht, but it will be diplomatically thorny.
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Ukraine Is Biden’s Defining Issue, and His Biggest Economic Challenge
The shape of the war, and its effects on global markets, in the months and years to come could determine the president’s political fate.
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U.S. Crypto Exchange Kraken Settles With Treasury Dept.
The crypto exchange, which had been under investigation for violating U.S. sanctions, agreed to pay $360,000 to settle the allegations.