Oil prices rose over 2% on Friday as investors weighed a tight short-term market against the potential surplus this year forecast by the IEA, while U.S. tariffs and possible further sanctions on Russia were also in focus.

In today’s volatile geopolitical environment, financial institutions face an unprecedented challenge: staying compliant amid increasingly complex, extraterritorial, and rapidly evolving sanctions regimes.

The State Department confirmed sanctions were imposed on UN official Francesca Albanese over efforts targeting U.S. and Israeli officials through the ICC.

The Public Company Accounting Oversight Board today sanctioned Goldman & Company, CPA's, Raymond Chabot Grant Thornton, and PWR CPAs.

Momentum has been building behind a bipartisan bill to impose sanctions on countries that purchase Russian oil, as Republicans work behind the scenes to win President Trump’s support.

President Donald Trump’s desire to have unchecked authority over the next wave of Russia sanctions could throw a wrench in the Senate’s hopes of passing a bipartisan sanctions bill before August recess.

(Reuters) -Ukrainian President Volodymyr Zelenskiy said he had discussed improved air defences and intensified sanctions against Russia with two U.S. lawmakers who are backing a bill to impose tougher punitive measures against Moscow.