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US fears consequences of seizing Russian assets – NYT

The White House fears that the confiscation of Russian assets could damage its reputation, the New York Times reported on Tuesday. According to the newspaper’s sources, top officials in President Joe Biden’s administration believe the seizure of assets would be illegal and could discourage other countries from relying on the United States …

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Seizing Russian assets to rebuild Ukraine illegal – US

US Treasury Secretary Janet Yellen said on Wednesday that it would not be legal for the United States to seize frozen Russian central bank assets to help rebuild Ukraine. Yellen was referring to an estimated $300 billion in assets from Russia’s central bank that have been blocked by the United …

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Ukraine accused of seizing foreign ships

The Donetsk People’s Republic (DPR) said on Sunday that Ukrainian fighters seized two foreign ships in the Azov Sea port of Mariupol and are holding their crews hostage. DPR forces backed by Russia have been fighting with Ukrainians for control of the port since late February. Mariupol is part of …

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US weighs seizing Venezuelan oil – reports

Washington is considering a proposal by US oil major Chevron to allow the company to accept and trade Venezuelan oil cargoes to recoup unpaid debt, Reuters reported on Monday, citing its sources. People close to the discussions said that Chevron representatives in recent months held at least one high-level meeting …

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