Sanctions

US seizes oil tanker off coast of Venezuela, Trump says

[WASHINGTON] The US has seized an oil tanker off the coast of Venezuela, President Donald Trump said on Wednesday, ratcheting up tensions with Caracas in a move that also raised oil prices.

The latest list of entities sanctioned, announced on Nov 20, include three based in Singapore.

At least 10 Singapore-linked entities face US sanctions over alleged links to Iranian oil trade

They are among a list of more than 70 people and firms worldwide the US accused in Oct–Nov of trading Iranian oil and petrochemicals

US sanctions on Venezuela are accelerating the Latin American country's geopolitical realignment away from Washington.

The hemispheric toll of the US-Venezuela crisis

Washington’s economic pressure has entrenched the autocratic regime and exported the costs

In 2016, the Cambricon project was spun off and founded as a company, with the academy as an early financial backer.

US sanctions propel Chinese AI prodigy to US$23 billion fortune

Shares of the chip designer Cambricon Technologies have surged more than 765% over the past 24 months

Russian President Vladimir Putin derided the sanctions as an unfriendly act, saying they would not significantly affect the Russian economy and talked up Russia’s importance to the global oil market.

Putin defiant after Trump sanctions Russian oil majors over Ukraine

[MOSCOW] Russian President Vladimir Putin remained defiant on Thursday after US President Donald Trump hit Russia’s two biggest oil companies with sanctions to pressure the Kremlin leader to end the w...

The US Treasury Department said Russia’s two largest oil companies, Rosneft and Lukoil, were targeted in a bid to damage Moscow’s ability to fund its war machine.

US sanctions Russian oil companies as Moscow holds nuclear drills

[MOSCOW] The United States hit Russia’s major oil companies with sanctions on Wednesday and accused the Russians of a lack of commitment toward ending the war in Ukraine, as Moscow conducted a major t...

Karen Chen and two other Singaporeans are allegedly involved in the business dealings of Chen Zhi, a Cambodian national and founder of Prince Holding Group, one of the country’s largest conglomerates.

Karen Chen quits SGX-listed 17Live’s board after US sanction for alleged ties to Cambodian scam empire

[SINGAPORE] An independent director of Singapore-listed 17Live Group has resigned after she was added to a US sanctions list for her alleged links with a Cambodian businessman accused of running a glo...

The Court of Appeal says the arbitration tribunal made findings “contrary to the factual position” that the parties had made.

Singapore court sets aside US$307.8 million award in Vietnam state firm’s dispute with US-sanctioned Russian contractor

The Court of Appeal finds an arbitration tribunal had failed to give the parties a fair hearing in the case of a failed power plant project

The terminal, on China’s east coast, can handle 56 million tonnes of oil a year – more than one million barrels a day.

US hits firms moving Iranian oil and major China crude terminal

The latest designations by the Treasury Department mark the latest effort by Washington to target the Beijing-Tehran energy trade