International sanctions

The government believes it has found a way to disrupt the sanctions-busting operations taking place off the southern coast of the Greek mainland that allow Russian oil exports.

The Hellenic Navy has issued a navigational guidance closing off the Laconian Gulf, off the southeastern coast of the Peloponnese, for naval exercises from May 1-9. 

A recent report by a group of Western insurers has shed light on Russia's ability to circumvent Western oil sanctions, revealing that measures aimed at capping Russian oil prices have proven ineffective and have inadvertently fueled a surge in gray zone activities.

Russian oil and products have become trapped at sea on four tankers after the United States hit the vessels with fresh Iran-related sanctions, LSEG data showed on Friday.

The European Commission has asked EU countries for feedback on a limited extension of temporary state aid rules for the agricultural sector as it cited persisting market disturbances and following months of farmers' protests across the European Union.

Russia and Türkiye are trying to remedy problems with bank transfers due to anti-Russian sanctions, TASS quoted Russian presidential spokesman Dmitry Peskov as saying.

The mythical villa in Varkiza, his wife's gallery and luxury cars - Accused of setting up a network of shipping companies and breaking the Venezuelan oil embargo - Twice arrested for the same case and released

The Kremlin protested the voting of measures in Switzerland on the use of frozen Russian assets to finance repairs in Ukraine

In a bid to bolster enforcement of European Union (EU) sanctions against third countries, the European Parliament has approved stringent measures, making the circumvention and violation of these sanctions a criminal offense punishable by a minimum prison sentence of five years.

In a significant move reflecting shifting dynamics in global oil trade, Turkey's Dortyol terminal, a key Mediterranean oil hub, has announced its decision to cease accepting Russian oil imports. This decision comes in response to mounting pressure from US sanctions and signals a notable departure from Turkey's recent reliance on Russian crude.

Turkey's exports to Russia in February fell 33% year on year to $670 million, trade ministry data showed on Saturday.

That was down from $1.1 billion in February 2023.

Imports from Russia fell 36.65% to $1.3 billion from $2 billion a year earlier.