UAE banks closing Russian accounts – media — RT Business News

UAE banks closing Russian accounts – media — RT Business News

Source link Lenders are wary of secondary Western sanctions for dealing with Moscow, sources told the news outlet Vedomosti Several large banks in the United Arab Emirates have begun limiting transactions with Russia and closing the accounts of Russian companies and individuals due to the risk of secondary Western sanctions, the news outlet Vedomosti reported […]

Washington sanctions UAE firm over Russian oil shipments — RT Business News

Washington sanctions UAE firm over Russian oil shipments — RT Business News

Source link The US Treasury Department has blocked the bulk carriers and oil tankers of an Abu-Dhabi-based firm Washington has imposed sanctions on a company registered in the United Arab Emirates for its alleged oil deals with Russia, the US Treasury Department’s Office of Foreign Assets Control (OFAC) announced on its website on Thursday. OFAC […]