Sanctions

A German court in Hamburg has opened a case against two former Siemens executives accused of violating sanctions by exporting the company’s gas turbines to occupied Crimea.

A federal court in the US has ruled to seize the superyacht of Russian billionaire Suleiman Kerimov, rejecting a lawsuit by another Russian who claimed ownership.

The tanker loaded diesel at a major Russian port and headed for Syria, a sign of Moscow’s ability to maintain influence in the country.

US President Donald Trump may impose sanctions on Russia if its President Vladimir Putin refuses to negotiate.

The volume of Russian crude stuck at sea is growing as U.S. sanctions against Russia continue to affect shipping.

The United States is developing a plan for the potential easing of sanctions against Russia, in particular on certain legal entities and individuals.

Russia has transferred some of the companies that operate the so-called shadow fleet vessels transporting oil abroad.

India has cut its crude oil imports from Russia to their lowest level in two years due to sanctions.

Taking into account the recently introduced sanctions against the “shadow fleet”, the restrictions affected more than 50% of vessels transporting oil from the Russian Federation.

Iranian oil flows could be cut by increased demand for tankers that are not currently under sanctions.