The United States, European Union, and United Kingdom have significantly escalated Russia-related sanctions the past month, including the Trump Administration’s first sanctions directly imposed on Russia. These coordinated actions—which particularly target the Russian energy sector—indicate that Russia sanctions remain on the geopolitical agenda and require multinational companies to remain vigilant in their compliance with those
EU Adopts 19th Sanctions Package Against Russia
- LNG Import Ban: The EU will prohibit the purchase, import, or transfer, directly or indirectly, of Russian liquified natural gas (LNG) from 25
UK Sanctions Lukoil, Rosneft in Major Russia Sanctions Expansion
On October 15, 2025, the UK announced a significant expansion of its Russia-related sanctions regime, designating Lukoil and Rosneft—Russia’s two largest oil companies—as asset freeze targets.
This is the first time Lukoil and Rosneft have been subjected to full asset freezing sanctions by any of the UK, U.S., or EU, and follows earlier UK measures
Global Trade Talks Podcast: Frustration on the Ground
Global Trade Talks co-hosts Nicole Simonian and Dj Wolff welcome Karen Gerwitz, President of the World Trade Center Denver, as she provides insight to our listeners on how companies are managing and operating in this uncertain trade environment where they are often waiting for the next shoe to drop. Global Trade Talks is a podcast
Client Alert: Impending Deadline for UN Action on Iran: What the “Snapback” of Iran Sanctions Could Mean for Global Business
On August 28, France, Germany, and the UK (the E3) initiated a “snapback” process that will reimpose UN sanctions on Iran on September 27 unless the Security Council acts. On September 19, a resolution to extend sanctions relief failed to receive sufficient votes at the Security Council and was not adopted. If snapback occurs, previously
Global Trade Talks: Tariffs-IEEPA Litigation Update
Continuing to focus on the Trump Administration tariffs, in this session, Crowell hosts Nicole Simonian and Dj Wolff, Co-Chairs of the International Trade Group, talk with Daniel Wolff, Crowell’s Litigation and Trial partner, as they review and consider the impact of the Court of International Trade’s recent decision on the tariffs imposed pursuant to the
Client Alert: U.S. Departments of State and Treasury Issue Immediate Sanctions Relief for Syria
On May 23, 2025, the U.S. Departments of State (“State”) and the Treasury (“Treasury”) took actions that resulted in immediate sanctions relief for Syria. Specifically, Treasury’s Office of Foreign Assets Control (“OFAC”) issued General License 25 (“GL 25”) pursuant to the Syrian Sanctions Regulations (“SySR”), the Weapons of Mass Destruction Proliferators Sanctions Regulations (“NPWMD”), the
Global Trade Talks: Tariff Relief: Update on the U.S. – China Tariffs
Considering the impact of U.S. – China tariffs on our economy and the global supply chain, Nicole Simonian and Dj Wolff, Co-Chairs of the International Trade Group, talk with Alex Schaefer, International Trade partner, as he helps us understand the details and impact of the recent U.S. – China tariffs deal, as well as what
Newly Announced Section 232 Investigation into Commercial Aircraft and Parts
With so much fast-moving activity on the tariffs front, Crowell hosts Nicole Simonian and Dj Wolff continue their conversation with Crowell attorney Dan Cannistra in this episode discusses the newly announced Section 232 Investigation focusing on commercial aircraft and parts, including a summary review of 232 investigations, why this one came as a surprise, how
Global Trade Talks: Automotive Tariffs
Crowell hosts Nicole Simonian and Dj Wolff continue their conversation with Dan Cannistra on the Trump Administration tariffs. This session focuses on recent modifications to the automotive/auto parts tariffs, including discussion about the impact of the recent Executive Order “Addressing Certain Tariffs on Imported Articles” and other related guidance. Global Trade Talks is a podcast