Since the invasion of Ukraine began, the increasing financial and reputational risks of doing business in Russia is leading Western brands to halt operations.
Category: Embargoes and Sanctions
-
Trump Wants U.S. Investment in Venezuela, but Sanctions Still Complicate It
With tight business restrictions still in place, companies may find it challenging to even assess what opportunities exist for them in the South American nation.
-
What’s Next for Cuba, Now That Its Main Oil Supplier Is Gone?
The Soviet Union was Cuba’s benefactor for decades. Venezuela took up the slack, and Mexico has supplied “humanitarian aid.” But the world is changing rapidly, our columnist says.
-
U.S. Refiners to Profit as Trump Asserts Control Over Venezuelan Oil
The companies that turn oil into gasoline and diesel are likely to benefit more, right away, than the businesses that pump oil out of the ground.
-
China’s Threat to Block Rare Earths Has Put Japan on High Alert
Tokyo is concerned at signs that Beijing may be laying the groundwork to restrict access to the metals vital to manufacturing.
-
How Venezuela’s Oil Could Shake Up the World Supply
The country could, eventually, attract investment and re-emerge as a force in the oil markets, but many analysts are concerned about an oversupply.
-
Chevron’s Risky Bet to Stay in Venezuela May Now Give It an Advantage
The second-largest U.S. oil company, which kept pumping oil in the country after others left, could find it relatively easy to expand its operations if the political conditions there improve.
-
China’s Oil Deal With Venezuela Faces Turning Point
Beijing has lent billions to Caracas in recent decades, and the fate of money it is owed is in question after the ouster of Venezuela’s leader.
-
Trump’s Goals for Reviving Venezuela’s Oil Industry Will Not Come Easily or Cheaply
It will take years and billions in investment to revitalize Venezuela’s oil industry, and energy producers will likely be cautious before stepping in.
-
Inside China’s Six-Decade Campaign to Dominate Rare Earths
From Deng Xiaoping to Xi Jinping, generations of Communist Party bosses and military leaders invested in a strategic but heavily polluting industry.
-
Trump’s Seizures of Oil Tankers Challenge Maritime Rules and Customs
Recent U.S. actions against ships near Venezuela may embolden other countries to seize or detain ships, legal experts said.
-
A Seized Oil Tanker and the Big Business of Dark Fleet Smuggling
The U.S. seizure of a vessel off Venezuela is likely to squeeze the country’s government, but do little to counter the tankers that secretively move oil from sanctioned countries.