Review of US Sanctions against Russia in 2023
In 2023, the US imposed unprecedented controls and sanctions on Russia, profoundly affecting the economy and posing challenges to global cooperation.
The US Imposes New Sanctions on the Maritime Network of the Iranian Quds Force
The OFAC of the US Department of Commerce sanctions the maritime network of the Iranian Quds Force that supports the Houthi rebels, including two companies and four vessels.
The US increases sanctions against Russia: Signs a new executive order
The U.S. President signed Executive Order 14114, expanding sanctions on foreign financial institutions engaged in transactions with Russias military-industrial base. The new regulations cover a wide range of financial entities and critical items, aiming to further restrict Russias access to military support resources.
G7 announces new sanctions on Russian diamonds to be implemented next year
According to reports from Reuters and AFP, the G7 plans to ban the direct import of Russian diamonds from January 1, 2024, and gradually restrict the import of Russian diamonds processed in third countries starting from March 1.
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