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The EU Council sanctions another two Libyan oil entities

The European Union on Thursday has included two Libyan companies in a sanction blacklist, accusing them of “acting on behalf of or at the direction of the [Gaddafi] regime”

read more... 12/08/2011

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Russia and China against sanctions to Syria over its nuclear programme

Syria’s international reputation suffered on Thursday after the United Nations nuclear watchdog voted to report the country to the Security Council, accusing Syria of a covert nuclear reactor construction and its unwillingness to cooperate with investigators.

read more... 10/06/2011

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EU intensifies sanctions against Iran following nuclear program

The European Union tightened its restrictive measures against Iran, following the concerns about its nuclear program, after Iran refused to enter constructive talks with the United States and E.U.

read more... 24/05/2011

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Libyan trade affected by U.S. sanctions

Recent events in Libya have led the United States and other countries to impose sanctions on Libya. Due to these sanctions, a number of U.S. oil trading companies have pulled back from trading crude and refined products in and out of Libya and some large banks have withdrawn their funds.

read more... 10/03/2011

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