The U.S. imposed new sanctions on Russian officials and companies, and penalized foreign businesses aiding the Russian military. But officials are holding back on energy sanctions.
Tag: Treasury Department
US Penalizes Chinese Companies for Aiding Iran’s Oil Exports
The move suggests a more aggressive approach by the Biden administration after talks to revive a 2015 nuclear deal faltered.
TikTok Seen Moving Toward US Security Deal, but Hurdles Remain
A draft agreement with the Biden administration to keep the Chinese-owned video app operating in the United States is under review. That could mean more wrangling.
Biden Administration’s Bid to Cap Russia Oil Prices Faces Resistance
The maritime insurance industry says policing oil transactions is not workable, raising questions about enforcement of a buyers’ cartel.
Kraken, a U.S. Crypto Exchange, Is Suspected of Violating Sanctions
The Treasury Department is investigating whether the crypto exchange allowed users in Iran to buy and sell digital tokens, said people with knowledge of the matter.
How Joe Manchin Left a Global Tax Deal in Limbo
Treasury Secretary Janet L. Yellen’s signature achievement is in jeopardy if the United States cannot ratify the tax agreement that she brokered.
How Joe Manchin Left a Global Tax Deal in Limbo
Treasury Secretary Janet L. Yellen’s signature achievement is in jeopardy if the United States cannot ratify the tax agreement that she brokered.
Russia’s Oil Revenue Soars Despite Sanctions, Study Finds
Rising oil prices more than offset a decline in export volumes during the first 100 days of the assault on Ukraine.
U.S. Imposes Sanctions on Yacht Company That Caters to Russian Elites
The Treasury Department also identified four yachts as being linked to President Vladimir V. Putin of Russia.
Seizing Russian Assets to Help Ukraine Sets Off White House Debate
Some European officials want to use more than $300 billion in Russian central bank assets to rebuild Ukraine. But Biden administration officials warn that diverting those funds could be illegal.