Russia's G20 Sherpa, Denis Agafonov, stated that the G20 will address sanctions from an economic viewpoint, comparing them to tariffs and other non-market measures. He cited a World Economic Forum estimate of $200-300 billion in annual negative impact from sanctions.
Britain boarded and detained the tanker Smyrtos on Sunday in the English Channel, suspecting it of violating sanctions by shipping Russian oil as part of the "shadow fleet." Prime Minister Keir Starmer stated this operation targets resources fueling Putin's war in Ukraine.
Ukraine's chief of staff stated ending the war by winter is realistic, while Kyiv faced heavy Russian attacks. France detained a Russian oil tanker, and dozens of countries denounced Russia at the UN over a drone incident in Romania.
The French navy, with UK support, intercepted the oil tanker Tagor in the Atlantic, suspected of being part of Russia's 'shadow fleet' evading sanctions. French President Macron announced the boarding, stating the vessel falsely flew a Cameroonian flag and was heading to Cameroon.
France has detained a suspected Russian oil tanker, the Tagor, in the Atlantic Ocean with help from the UK and other partners. The vessel was found to be flying a false Cameroonian flag and is subject to EU and US sanctions.
Ukrainian drones struck the Syzran oil refinery in Russia, over 800km inside the country, causing a fire and killing two people. President Zelenskyy stated this is part of a broader plan targeting Russian oil revenues amid escalating attacks.
North Korea’s UN envoy said his country was not bound by the non-proliferation treaty (NPT) on nuclear weapons and external pressure would not change its status as a nuclear-armed state, official media reported on Thursday. Pyongyang threatened to withdraw from the treaty in 1993 and formally did so in 2003. It has since conducted six nuclear tests – prompting a raft of international sanctions – and is believed to possess dozens of nuclear warheads. Signatories of the NPT have been holding a...
Iran can fully satisfy its commercial needs despite international economic restrictions, according to the head of the Iran-Iraq Joint Chamber of Commerce. Yahya Al-e-Eshaq told ISNA that Iran's geographic position and ties with 15 neighboring countries, combined with developed water and land borders, allow the country to meet its needs through combined sea and land routes. He claimed a detailed plan to overcome economic restrictions and sanctions has been developed, with logistic and transport systems created to soften their consequences. Al-e-Eshaq predicted US and European economic restrictions cannot last more than 45 days as these measures also adversely affect Western economies.
