New York Fashion Week 2025-26, redefining luxury, creativity, and venue storytelling

New York — At New York Fashion Week 2025, Coach unveiled a groundbreaking...

Ralph Lauren unveils Spring 2026 collection at New York Fashion Week with timeless luxury

Ralph Lauren launched New York Fashion Week with an intimate studio show that...

Gun violence and domestic terrorism in the US – Experts call for safety

The Minneapolis Catholic school shooting has thrust gun violence and domestic terrorism back...

Nevada’s two-day shutdown shows how fragile state cyber defenses still are

The Nevada cyberattack, a Nevada ransomware attack detected on Sunday, August 24, forced...

US Congress pressures for stronger sanctions on Russia

US Congress questions equipment supply by SLB amid concerns of sanctions evasion and global oil market stability.

A bipartisan coalition in the US Congress has called on the Biden administration to tighten sanctions against Russia’s oilfield services industry.

Congressmen demanded that the US Department of the Treasury and the State Department clarify the situation with the supply of equipment to Russia by SLB for $17.5 million in the period from August to December last year.

Since December 2023, SLB has posted over 1,300 vacancies in Russia. The company said it complies with the sanctions regime, and the hiring of employees is related to the replacement of personnel due to staff turnover. The US Treasury Department emphasized that American companies are prohibited from making new investments in Russia.

According to the publication, the majority of the imported equipment—worth $13 million—came from China, and another $3 million came from India, which does not apply similar sanctions restrictions. The Financial Times reports.

Before this, the US decided not to react to the circumvention of sanctions by China and the UAE, which continue to actively purchase Iranian oil despite the restrictions. About 80% of Iranian oil exports go to China, and most payments are made in yuan. American authorities refrain from tougher measures, fearing destabilization of the global oil market.

More

Iran condemns Ecuador’s terrorist designation of IRGC

Tehran — Iran has strongly condemned Ecuador's recent decision...
Show your support if you like our work.

Author

News Room
News Room
The Eastern Herald’s Editorial Board validates, writes, and publishes the stories under this byline. That includes editorials, news stories, letters to the editor, and multimedia features on easternherald.com.

Comments

Editor's Picks

Trending Stories

Discover more from The Eastern Herald

Subscribe now to keep reading and get access to the full archive.

Continue reading