The St. Nikolas was transporting crude from Iraq to Turkey when it was boarded An oil tanker has been boarded and seized by Iranian forces in Gulf of Oman, Tehran’s Navy confirmed on Thursday. The St Nikolas – a Greek-owned vessel bearing the Marshall Islands flag – was taken in retaliation for last year’s incident…

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Major Russian steel and mining company Evraz announced on Wednesday the planned sale of its North American business, and began seeking buyers. According to a statement published on the company website, the process is being conducted under the Office of Financial Sanctions Implementation (OFSI) General License. “The possible transaction will be subject to regulatory and…