Following a meeting between Hungarian and US officials, a dispute has emerged regarding the scope of a sanctions waiver on Russian oil and gas imports. While Hungarian officials claimed an indefinite exemption, a White House official clarified that the waiver is only valid for one year. The US official also stated the agreement includes requirements for Hungary to diversify its energy sources, including the purchase of US liquefied natural gas. This disagreement arises amidst Hungary’s continued reliance on Russian energy imports, drawing criticism from its allies.
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Russia’s seaborne crude shipments have plummeted, marking the steepest decline since January 2024, following new US sanctions targeting major exporters and causing key buyers to pause purchases. This has significantly reduced Moscow’s oil revenue, with exports dropping to 3.58 million barrels per day. The sanctions have led to a build-up of Russian oil at sea, as refiners in major importing countries like China and India cancel cargoes and seek alternative suppliers. While some shipments continue, the future of Russian oil exports remains uncertain as buyers navigate the complex sanctions environment.
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Following an intense bombardment by Russia in Ukraine, the US announced new sanctions against Russia, targeting its two largest oil companies, Rosneft and Lukoil. President Trump stated the sanctions were “time” and aimed to pressure Moscow to negotiate a peace deal, while also criticizing Putin for unproductive conversations. The sanctions, lauded by NATO officials, include a focus on halting the war and could be withdrawn if Russia agrees to end the conflict. These measures come after similar actions by the UK and are part of a broader effort to pressure Russia, with discussions held regarding a peace plan.
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In a development that will likely intensify existing political friction, Brazilian prosecutors have brought charges against the son of former President Jair Bolsonaro. This action follows the recent escalation of a U.S. campaign targeting one of Brazil’s prominent justices. The Bolsonaros have long been associated with former U.S. President Donald Trump.
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US targets wife of Brazilian Supreme Court justice with sanctions, and it’s hard not to see the layers of complexity – and potential hypocrisy – wrapped around this move. It’s like a political drama, a bit of a dark comedy, and a whole lot of geopolitical maneuvering all rolled into one. The core of the issue is pretty straightforward: the United States has decided to impose sanctions on the wife of a prominent Brazilian Supreme Court justice.
This situation immediately brings to mind the context of the former U.S. president, who, himself, is facing serious legal challenges. It’s not lost on anyone that the U.S.… Continue reading
US Treasury Secretary Scott Bessent has indicated that the United States is prepared to take strong action against Russia in response to its ongoing war in Ukraine. These comments follow meetings with EU sanctions envoy David O’Sullivan, where discussions focused on intensifying sanctions targeting Russia. The US and EU are aligning on the importance of ending the war, with all options remaining on the table to support peace negotiations. The Treasury Secretary emphasized that increased pressure on Russia requires the full support of European partners, with potential economic sanctions and tariff actions being considered.
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According to sources, the White House has requested that European nations impose sanctions on India mirroring those of the US, specifically halting oil and gas purchases from India and levying secondary tariffs. This follows India’s objections to US tariffs on its Russian crude oil purchases and accusations of Western hypocrisy, given that other countries are also buying oil from Moscow. The US claims India is funding Russia’s war in Ukraine, and White House officials are reportedly frustrated with European leaders who they believe are secretly undermining efforts to end the conflict by pushing for unrealistic territorial concessions for Ukraine. Discussions on the matter are expected at the upcoming Shanghai Cooperation Organisation summit.
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In a recent decision, Brazil’s Supreme Court asserted that foreign legislation does not have jurisdiction within its borders, effectively nullifying US sanctions against one of its justices. The ruling was made after the United States, through the Magnitsky Act, sanctioned Supreme Court Justice Alexandre de Moraes, who is overseeing the trial of former President Jair Bolsonaro. The Brazilian court declared that foreign court decisions can only be enforced in Brazil through approved international cooperation mechanisms. This decision, though not explicitly referencing the Magnitsky Act, is interpreted by some as invalidating its application in Brazil, a move already contested by the US government.
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The Russian ambassador to India, Denis Alipov, has criticized the West for undermining its relationship with India through threats and sanctions related to India’s dealings with Moscow. Alipov stated that the US and EU’s actions, particularly sanction threats, reveal them as unreliable partners. He argued that these actions are perceived as illegitimate and are not fostering trust, while emphasizing that India’s energy security will guide its foreign policy decisions. Alipov further asserted that Russia has never pursued its relationship with India at the expense of others, unlike the US, which is undermining not only Russia’s interests but also India’s.
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The United States has imposed sanctions on Brazilian Supreme Federal Court Justice Alexandre de Moraes under the Magnitsky Act, citing concerns over human rights violations and censorship, which has led to the revocation of visas for Moraes and his family. This decision, spearheaded by the Trump administration and influenced by efforts from Brazilian Congressman Eduardo Bolsonaro, follows judicial actions taken by Moraes against former President Jair Bolsonaro and his supporters. The Brazilian government has condemned the sanctions as an interference in domestic affairs, while the STF has reaffirmed its independence, leading to escalating tensions between Brazil and the US and reigniting debates about national sovereignty. The impact could include a diplomatic crisis, impacting trade relations, and raising questions about the limits of international sanctions against judges.
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John Q. Hosedrinker 
Matt Underwood