Leaked documents reveal COP28 president and UAE national oil company boss Sultan Al Jaber’s plans to discuss boosting fossil fuel business in bilateral meetings about the climate summit.. The United Arab Emirates’ COP28 president, Sultan Al Jaber, sought to lobby on oil and gas deals during meetings with foreign governments about the UN climate summit,...
The US Treasury department has imposed sanctions on three shipowners based in the United Arab Emirates, accusing them of exporting Russian crude oil priced above the $60 per barrel limit set by the G7 and Australia.The move by Washington comes as it tries to increase enforcement of the Russian oil price cap following evidence that...
A US citizen established front companies in Iran, the UAE and Panama, purchased oil tankers and used false shipping documents to carry out two multi-year schemes to evade sanctions on Iranian petroleum trade, US authorities say. The US Department of Justice says Behrouz Mokhtari, a 72-year-old Virginia resident with ties to Tehran, pleaded guilty to...