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UK Sanctions Dubai Oil Trader Paramount, Including 29 Entities with Russian Links: According to the Financial Times, the UK government announced sanctions against Dubai oil trader Paramount Energy & Commodities DMCC as part of a series of actions tar

2025-10-23

UK Sanctions Dubai Oil Trader Paramount, Including 29 Entities with Russian Links: According to the Financial Times, the UK government announced sanctions against Dubai oil trader Paramount Energy & Commodities DMCC as part of a series of actions targeting companies and individuals accused of supporting Russia's gold, oil, and financial sectors. A total of 29 entities and individuals were added to the sanctions list, including several UAE companies. The UK Foreign Secretary stated that these sanctions will "target those who support Putin by helping him mitigate the impact of existing sanctions on Russian gold and oil." According to media reports in March, Paramount Energy & Commodities SA, a Swiss company founded by veteran Dutch trader Niels Troost, has transferred its Russian oil trading operations to its Dubai subsidiary, Paramount DMCC.

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2025-10-24

U.S. President Trump: (Responding to reports that B-1 bombers appeared in the airspace near Venezuela) The report is inaccurate.

U.S. President Trump: (Responding to reports that B-1 bombers appeared in the airspace near Venezuela) The report is inaccurate.
2025-10-23

China's Swift RMB accounted for 3.17% of global payments in September, compared with 2.93% in the previous month.

China's Swift RMB accounted for 3.17% of global payments in September, compared with 2.93% in the previous month.
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