The United States has imposed sanctions on entities in Iran, Hong Kong, Turkey, and the United Arab Emirates that the U.S. Treasury Department says comprise a network for the procurement of parts for Iran’s drone program. The network has facilitated shipments and financial transactions in support of a critical component used in Iran’s Shahed drones,...
Acording to British academic Matthew Hedges, the United Arab Emirates (UAE) has deepened its friendship with the Russian Federation since Russia invaded Ukraine. A fact that taken together with the UAE joining the BRICS alliance, may prove to be a major test of the strength of the West to maintain hegemony over the world order. Just in...
The United Arab Emirates is considering introducing export licenses for a list of items including chips and other components that are sanctioned by the US and European Union and used by Russia’s military in Ukraine, according to people familiar with the matter. Read more: bloomberg.com Photo: bloomberg.com
Russian oil producers supplied their first cargoes of CPC Blend crude to the United Arab Emirates (UAE) in August and September, four traders told Reuters, opening up a new export route as Moscow looks to find new customers and skirt Western sanctions. Moscow has found new markets for its oil despite sanctions imposed by G7...
Russia became the United Arab Emirates’ top source of gold last year after Western countries imposed sanctions on supplies following the Kremlin’s invasion of Ukraine. The UAE last year imported 96.4 tons of gold from Russia, more than any other country, according to the United Nations’ Comtrade database. That’s roughly a third of Russia’s annual...
The UAE’s biggest oil producer is pushing to build its fledgling trading operations into a multibillion-dollar business this decade by bolstering its presence in Europe and Africa, and expanding in other forms of energy. In a bid to catch up with long-established rivals, Abu Dhabi National Oil Co. wants to take advantage of the hole...
The Dangerous Loophole in Western Sanctions on Russia. Putin’s weaponry runs on advanced electronic components obtained from a hidden international market. Through a rare, hydra-headed blend of government sanctions and the historic stampede of 1,100 multinational firms out of the country, the economic blockade of Russia has proved highly effective. Russian President Vladimir Putin’s war campaign struggles onward,...
As the annual COP climate summit approaches in Dubai next month, one prominent figure conspicuously absent from past conferences may decide to attend COP28 – Russian President Vladimir Putin. However, there are good reasons why the ICC suspect feels comfortable enough to potentially skirt international justice and visit the UAE. Some context – in March,...
ExxonMobil, the fifth-leading producer of greenhouse gas emissions in the world from 1880 to 2010, has been planning since 2018 to raise its yearly carbon dioxide emissions by as much as 17% by 2025, according to internal documents reviewed by Bloomberg. The news comes in stark contrast to efforts to slow down the pace of...
Russia, Iran, and the Territorial Dispute with the UAE. Under President Ebrahim Raisi, Iran has carved out an overseas agenda that is a patent departure from the country’s 1979 Revolution-era notion of “neither East nor West,” reflected in a seemingly irreversible estrangement from Europe. It had alarmed tensions with the United States, and a disproportionate...