Another piece on how to better financialize critical mineral markets like cobalt from Morgan Bazilian and Colorado School of Mines colleagues delineates the challenges and why changes in metal markets needed to allow physical trading and tags to delineate envir/labor elements of product

.TankerTrackers.com, Inc. on the extensive STS activity in South East Asia. Response to increased sanctions enforcement or worries thereof? Continuation of return of Teapot demand? Eitherway they are right that environmental risks up

Important to clarify that this is not an easing of sanctions but a reissuing of a general license that allows select energy trade from Russia.

The newly issued general license -8I - seems basically identical to predecessor 8H aside from expiry date - nov 1 vs May 1. No policy change, this is the generic exemption to sanctions for energy trade, unless other sanctions specifically forbid anything

ofac.treasury.gov/media/932846/d…

UAE case on joining BRICS as having more friends. Shows hedging interest but also reinforces limits of how much BRICS group can do together especially re active large sanctions busting.

Good qs. I think a focus on “full deglobalization is a strawman since not realistic. Issue is where value chains are, mix between IP and procuction and how globalization and trade being rerouted

DOJ indictment for pdvsa officials and others those accused of circumventing US export controls and sanctions relating to aircraft parts. Covers activity through late 2021.
Shows a long tail of potential legal exposure even after partial sanctions relief
justice.gov/usao-sdfl/pr/t…