Even with sheets of rain falling, the sprawling construction site was buzzing. Yellow and orange excavators slowly danced around a maze of muddy pits, swinging giant fistfuls of dirt as […]
Embargoes and Sanctions
Trending topics and news from the Embargoes and Sanctions category
Back to news homeYellen’s China Visit Aims to Ease Tensions Amid Deep Divisions
The last time a U.S. Treasury secretary visited China, Washington and Beijing were locked in a trade war, the Trump administration was preparing to label China a currency manipulator, and […]
Gasoline Prices, a Source of Pain Last Year, Have Come Way Down
Americans who fill up their cars this Memorial Day weekend will catch a break — at least compared with a year ago, when gasoline prices were soaring.The national average price […]
How the G7 Oil Price Cap Has Helped Choke Revenue to Russia
In early June, at the behest of the Biden administration, German leaders assembled top economic officials from the Group of 7 nations for a video conference with the goal of […]
Biden Team to Counter Tech Espionage Unveils Cases Involving China and Russia
The Biden administration announced arrests and criminal charges on Tuesday in five cases involving sanctions evasion and technology espionage efforts linked to Russia, China and Iran.Two Russian nationals were taken […]
U.S.-Made Technology Is Flowing to Russian Airlines, Despite Sanctions
Last August, Oleg Patsulya, a Russian citizen living near Miami, emailed a Russian airline that had been cut off from Western technology and materials with a tempting offer.He could help […]
Russia Is Importing Western Weapons Technology, Bypassing Sanctions
Late last month, American and European Union officials traded information on millions of dollars worth of banned technology that was slipping through the cracks of their defenses and into Russian […]
With Russia’s Exit, Norway Becomes Europe’s Energy Champion
The new front line for Europe’s energy security is a modest office building overlooking a fjord in Stavanger, Norway. Inside, a company called Petoro oversees three dozen of the largest […]
China Strikes Back at Micron Technology Even as It Signals Openness
When top Chinese officials held receptions for dozens of American and European business executives at back-to-back annual economic forums last week, the intended message was clear: China is open for […]
China’s Economic Support for Russia Could Elicit More Sanctions
WASHINGTON — President Biden and his top officials vowed this week to introduce additional sanctions aimed at impeding Russia’s war efforts against Ukraine. But the administration’s focus is increasingly shifting […]