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US sanctions

News about US sanctions: events, facts and developments on tafs uz.

10 stories

Russian shareholders of NIS signed an agreement to sell their stake to Hungary's MOL

Russian shareholders of the Serbian oil company NIS have signed an agreement to sell a controlling stake (56.15%) to Hungary's MOL. The deal still needs approval from the antitrust authorities of Serbia and Bosnia and Herzegovina, as well as the US Treasury's OFAC, since NIS is under American sanctions. Serbia has agreed to increase its stake from about 30% to 35%.

2 min read

MOL says no changes in negotiations over sale of NIS shares

Hungarian MOL reported that there are no significant changes in the deal concerning Serbian NIS that would require disclosure to the market. Earlier, Serbian Deputy Prime Minister Sinisa Mali announced the signing of an agreement to sell the controlling stake of Gazprom Neft (56.15% of shares) to MOL.

2 min read

European Parliament awards Sakharov Prize to the International Criminal Court amid US sanctions

The European Parliament awarded the Sakharov Prize for Freedom of Thought to the International Criminal Court and its officials. The decision was made against the backdrop of US sanctions against the ICC announced on October 9. The court beat Tanzanian lawyer Tundu Lissu and Iranian sisters Taraneh and Romina Rahimi. The ceremony will take place in December in Strasbourg.

3 min read

Serbia announced the signing of an agreement to sell the controlling stake in NIS to Hungary's MOL

Serbia's First Deputy Prime Minister Sinisa Mali said that the agreement to sell the controlling stake in NIS to Hungary's MOL has been signed. What remains is to obtain approval from the antitrust authorities of Serbia and Bosnia and Herzegovina, as well as approval from the US authorities. The deal concerns a 56.15% stake owned by Gazprom Neft.

1 min read

The Economist: US sanctions and military blockade have plunged Iran into its most severe economic crisis

According to The Economist, the Iranian rial has lost half its value in a year, inflation has reached 90%, and last month, for the first time since 1979, no oil was shipped for export. The US has supplemented sanctions with a military blockade of ports. Whether the pressure will force Tehran to stop the war now in its eighth month remains unknown.

2 min read

58 MEPs urged the European Commission to protect the ICC from US sanctions

Members of the European Parliament sent a letter to Ursula von der Leyen calling for shielding the International Criminal Court from American sanctions, including through the EU blocking statute. The sanctions announced by the Trump administration, after a six-month grace period, could complicate the court's financial operations. Kaja Kallas called the sanctions threat 'unacceptable', but the EU has not yet taken concrete steps.

3 min read