How Russian Oil Trade Circumvents Western Sanctions

How Russian Oil Trade Circumvents Western Sanctions

ByGTCrepost

After 18 months of Western sanctions imposed on Russia in response to the country’s aggression against Ukraine, the effect on the Russian economy appears to be fading, particularly on the federal budget’s oil income. This is due to Russia’s ability to find ways around the sanctions, keeping the oil trade flowing smoothly. In this article,…

Export Controls Aircraft Private and Public
| | |

Commercial and Private Aircraft Exported to Russia in Apparent Violation of U.S. Export Controls

ByGTCrepost

The U.S. Commerce Department, through its Bureau of Industry and Security (BIS), publicly identified commercial and private aircraft that have flown into Russia in apparent violation of the Export Administration Regulations (EAR).  In so doing, BIS is notifying the public that providing any form of service to these aircraft requires authorization. Absent such authorization, any…