Tag: OFAC

OFAC License Renews, Chevron To Continue Operating in Venezuela
General license No. 41, issued by the US Office of Foreign Assets Control (OFAC), was automatically renewed on Saturday, allowing the US oil company Chevron to continue conducting a group of operations in Venezuela. RELATED: Venezuela Condemns U.S. Cancellation of Chevron’s License On 25 February, President Trump declared that he would end the oil export […]
March 2, 2025

New Sanctions Against Russia on Ukrainian Conflict Anniversary
On Friday, the United States imposed the largest package of sanctions against President Vladimir Putin’s administration since the beginning of the Russian-Ukrainian conflict. RELATED: Belarus and Russia to Hold Joint Military Drills in 2025 The sanctions aim to undermine Russia’s financial infrastructure, limit energy production and exports, prevent sanctions evasion, restrict income from mining, limit […]