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The US warned shipping firms on May 1 that paying Iranian tolls for Strait of Hormuz passage, including digital assets, swaps, or in-kind payments, risks sanctions. The move targets a broad range of payment workarounds and raises compliance costs for shippers, insurers, and commodity traders operating in the region.
A sanctioned Russian LNG cargo is heading to India for the first time, despite Donald Trump's assertion that India would halt Russian energy purchases, a pledge India never confirmed. The shipment tests US sanctions enforcement and signals continued Indian appetite for discounted Russian supply.
Tag
The US warned shipping firms on May 1 that paying Iranian tolls for Strait of Hormuz passage, including digital assets, swaps, or in-kind payments, risks sanctions. The move targets a broad range of payment workarounds and raises compliance costs for shippers, insurers, and commodity traders operating in the region.
1mo ago · 2 min · Global Affairs
A sanctioned Russian LNG cargo is heading to India for the first time, despite Donald Trump's assertion that India would halt Russian energy purchases, a pledge India never confirmed. The shipment tests US sanctions enforcement and signals continued Indian appetite for discounted Russian supply.
2mo ago · 1 min · Global Affairs
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