Britain has imposed fresh sanctions on Russia, including asset freezes targeting directors of the oil trading firm Coral Energy Group, now known as 2Rivers Group.
The move comes as part of a broader effort to disrupt Russia's energy revenue and includes restrictions on around 100 tankers from its so-called shadow fleet.
Among those sanctioned are Ahmed Kerimov, Tahir Garayev, Anar Madatli, Talat Safarov, and Etibar Eyyub, named for benefiting from or supporting the Russian government through their roles at Coral Energy.
Founded by Garayev in 2010 with offices in Dubai and Singapore, Coral Energy was involved in the Russian energy sector. The company rebranded as 2Rivers Group after a 2024 management buyout. Britain had already sanctioned 2Rivers in December 2024, a move the company previously criticized.
Fears of wider escalation grow despite President Donald Trump saying U.S. strikes on Iran could end within weeks. Meanwhile ...
In a dramatic shake-up at the top of the U.S. Justice Department, President Donald Trump has removed Attorney General Pam Bondi from her post, a Wh...
Britain said on Thursday that around 40 countries are exploring ways to reopen the Strait of Hormuz, a vital oil shipping route effectively blocked...
American President Donald Trump threatened on Wednesday to pull the United States out of NATO after European nations refused to join a U.S.-led nav...
Former Kyrgyz MP Shairbek Tashiev has been detained in a corruption investigation linked to state oil firm Kyrgyzneftegaz, as the case expands to i...
Britain will explore ways to reopen the Strait of Hormuz by hosting talks on Thursday (2 April) with 35 countries after President Donald Trump said securing the vital waterway was a problem for other nations to resolve.
The UK will pay France £16.2 million to continue beach patrols for two months, as both sides race to agree a new deal to curb small boat crossings across the Channel amid rising migrant numbers and political pressure.
Russia has expelled a British diplomat, accusing him of economic espionage in a move that further strains already tense relations between Moscow and London. The United Kingdom described the action as intimidation and rejected the allegations outright, Reuters reports.
Georgia’s Minister of Economy, Mariam Kvrivishvili, met UK Ambassador Gareth Edward Ward in Tbilisi on 27–28 March to discuss trade, investment and transport links between Georgia and the United Kingdom.
Fears of wider escalation grow despite President Donald Trump saying U.S. strikes on Iran could end within weeks. Meanwhile missile attacks, tanker incidents and rising casualties across Israel, Lebanon and the Gulf heighten risks to regional stability and energy routes.
There are fears of an oil spill after a drone strike hit a Kuwaiti oil tanker near Dubai on Tuesday, while U.S.-Israeli strikes in Iran reportedly killed at least two people. A loud explosion was heard in Beirut in southern Lebanon early Wednesday, as oil prices climbed above $100 a barrel.
Russian-flagged tanker carrying approximately 700,000 barrels of crude oil docked at Cuba's Matanzas oil terminal on Tuesday, shipping data confirmed, marking a vital and controversial delivery to an island paralysed by severe energy shortages and a suffocating U.S. blockade.
Four astronauts blasted off from Florida on Wednesday on NASA's Artemis II mission, a high-stakes voyage around the moon that marks the United States' boldest step yet toward returning humans to the lunar surface later this decade in a race with China.
A Russian military An-26 aircraft has crashed in Crimea, killing all 30 people on board, Russia’s Defence Ministry has confirmed.
In a dramatic shake-up at the top of the U.S. Justice Department, President Donald Trump has removed Attorney General Pam Bondi from her post, a White House official confirmed on Thursday.
American President Donald Trump threatened on Wednesday to pull the United States out of NATO after European nations refused to join a U.S.-led naval mission to unblock the Strait of Hormuz.
France has unveiled a delayed wave of renewable energy tenders to boost energy independence and strengthen domestic and European industry.
China is emerging as one of the more stable economies amid the latest global oil shock, thanks to years of planning, diversified energy sources and a steady shift towards renewable power.
In a major policy reversal, the U.S. Treasury has removed Venezuela’s acting president, Delcy Rodríguez, from its sanctions list, signalling a sharp shift in Washington’s approach to Caracas.
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