Geopolitics ❯ Russia

Western Sanctions

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Gunvor Withdraws $22 Billion Lukoil Bid After U.S. Treasury Vows No License

Public claims that Gunvor is a Kremlin proxy made U.S. approval implausible, leaving Lukoil’s overseas operations in limbo.

UK Sanctions Kyrgyz Banks and Crypto Firms Over Ruble Stablecoin Used to Evade Russia Curbs