Russia Sanctions

Oil prices are heating up, and so are the stocks of major energy companies. Shares of Chevron Corporation (NYSE:CVX), Occidental Petroleum (NYSE:OXY), and ConocoPhillips (NYSE:COP) were trading in the green at the last check on Friday. The rally follows a Reuters report suggesting the U.S. is...

In the wake of Western sanctions against Russia, countries worldwide are repatriating gold, Reuters reports. This trend, driven by a desire for financial security amidst geopolitical tensions, has seen nations like Hungary, Poland, and Turkey bring their gold reserves home from the U.K. and the U....

A former F.B.I. counter-intelligence official was arrested for money laundering offences and connections to a Russian oligarch. What Happened: Federal prosecutors, in an indictment on Monday, said Charles McGonigal violated U.S. sanctions by taking secret payments from Russian businessman and...

Cryptocurrency forensics firm Elliptic has found millions of cryptocurrency wallets possibly linked to criminals in Russia, Bloomberg reported on Monday, citing its co-founder Tom Robinson. What Happened: Elliptic identified over 15 million digital wallet addresses...

Brookings, an institute described as one of America’s most prestigious think-tanks, believes that law enforcement has a misguided perception of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) as a way to evade sanctions. What Happened: In a report...

Russia's invasion of Ukraine and resulting sanctions on Russia are putting pressure on several sectors including commodities. Two precious metals that could be affected by the global crisis are palladium and platinum. What Happened: The U.S. and other countries are imposing sanctions on Russia...

The U.S. State Department's Bureau of International Security and Nonproliferation said it will move forward with the imposition of a second round of trade sanctions against Russia for its alleged role last year in poisoning a former Russian spy and his daughter in the United Kingdom. In a notice...

President Donald Trump on Wednesday signed legislation passed overwhelmingly by Congress that slaps Russia with new sanctions and restricts the scandal-plagued president’s ability to weaken them. Under enormous pressure to sign the bill into law while a special prosecutor probes Trump’s...

Exxon Mobil Corporation (NYSE: XOM) has filed a lawsuit against the U.S. government in response to a $2 million fine imposed on the oil company for violating sanctions prohibiting deals with Russia. The U.S. Treasury Department levied the fine on Thursday after reviewing the company’s joint...

Russia's President Vladimir Putin is fed up with the rampant use of American technology within the government. According to a Bloomberg report, Putin is urging authorities across the country to reduce their dependence on U.S. technology given the current geopolitical tension. The Russian leader...