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🎯 Russian oil producers send CPC Blend to UAE, open new export route. Russia has rerouted most of its oil to China, India and Turkey over the past year, and sent cargoes to Brazil, Sri Lanka and Pakistan. Reuters
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💥 Iran’s Oil Exports Have Soared During Quiet Diplomacy With U.S. Iran’s state shipping company, National Iranian Tanker Company, a target of U.S. sanctions, has been able to ship oil to its biggest customer, China, unimpeded. WSJ
💥 Russia’s Largest Bank Tries to Seize Glencore Assets Over Oil Debt. Sberbank was sanctioned by the US and EU and is barred from the SWIFT banking network, preventing payments to the lender from its former business partners. Bloomberg
💥 Saudi Crown Prince on Iran acquiring nuclear weapons: ‘If they get one, we have to get one’. The crown prince argued that if Iran is able to obtain a nuclear weapon and its authoritarian regime decides to use it, the country would quickly find itself at war with the world. NY Post
💥 On Shaky Grounds: The Secret, Slipshod Evidence the EU Uses to Sanction Russian Oligarchs. Hastily compiled dossiers leave the bloc vulnerable to legal challenges. Politico
💥 US lawmakers push for security review of China-linked battery company. Republicans urged the U.S. Treasury Department to conduct a security review over China-linked ownership of Gotion Inc, which plans to build electric vehicle battery plants in Michigan and Illinois. Reuters
💥 Here’s How FTX Founder Sam Bankman-Fried’s Trial May Play Out. The estimated six-week trial itself is scheduled to kick off on Oct. 3, 2023, a mere 10 months after Bankman-Fried was first arrested and not even 11 months after FTX collapsed. CoinDesk
💥 ‘Just Rock’: Moti Group Suspected Zimbabwe Concessions Held No Lithium Before Announcing $1B Battery Factory. A flashy tycoon with a penchant for luxury cars, Moti has built a business empire spanning sectors such as real estate, security, and aviation, as well as mining. OCCRP
💥 Metropolitan Museum of Art secretly sold $70M Van Gogh looted by Nazis in attempted cover-up. The painting was bought by the Met in 1956 from Brooke Astor — the socialite who died at age 105 in 2007 — then sold secretly in 1972 and vanished from public view. NY Post
💥 Singapore police uncover more gold bars, watches and other assets from money laundering scheme. Police launched further operations related to a group of foreign nationals suspected in laundering the proceeds of their organized criminal activities, including scams and online gambling. AP
💥 FATF-INTERPOL partnership: Putting trillions in illicit profits back into legitimate economies. Since the launch in 2022 of INTERPOL’s Global Rapid Intervention of Payments stop-payment mechanism, countries have intercepted more than $200M, stemming largely from cyber-enabled fraud. Interpol
📘 REPORT: Convergence Zone – The Evolution of Targeted Sanctions Against Organized Crime Global Initiative
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