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Full coverage: Sanctions

How Russian energy giant Lukoil has manoeuvred through financial markets via Ireland

Lukoil Capital DAC was registered months before the war in Ukraine and raises money that’s funnelled back to the Russian firm, which is a major player in the Kremlin's economy.

Jonathan Keane
28th May, 2025 - 6 min read

Niall Sargent: Exclusion of services from Occupied Territories Bill a major step back by Government

Why is the inclusion of services in the Occupied Territories Bill sending a shiver down the spine of the cabinet? And why would removal of services from the bill be so damaging?

Niall Sargent
27th May, 2025 - 6 min read

“Pirate hijacking” and a $200m court order: How Ireland fits in the puzzle of a sanctioned Russian airline

Volga-Dnepr’s Irish arm is tangled up in legal disputes in Canada and the UK. Questions linger over what the airline’s Irish company is doing now.

Jonathan Keane
21st May, 2025 - 5 min read

Sanctions and loan notes: The GTLK collapse works its way through the courts

Two creditors of two formerly Kremlin-controlled leasing firms want to be in a position to trade loan notes if sanctions are lifted against GTLK debt. They have sought approval over their role as members of the company’s committee of inspection.

Ian Kehoe
21st Feb, 2025 - 3 min read

One of Britain’s largest individual taxpayers has a Russian problem in Ireland

XTX Markets, the British trading firm led by Alex Gerko, wanted to subscribe to an Irish fund run by Aviva. However, it was rejected due to the economic sanctions placed on Russia after its invasion of Ukraine. The decision has triggered legal action.

Ian Kehoe
15th Nov, 2024 - 3 min read

Peter Kinsella: How Russia overcame Western sanctions

Russia has managed to largely get around the sanctions regime because of its vast energy export network and its physical borders with many Asian and Central Asian countries, which are willing to act as conduits for the re-export of goods and services. 

Peter Kinsella
2nd Jul, 2024 - 5 min read

A full-throttled defence: Fighting a multi-billion Russian aviation claim

For seven days, the world's biggest aircraft lessors laid out their claims to recover losses on planes beached in Russia due to the war in Ukraine. From sanctions to settlements, the defendants will now argue why cover is being denied.

Francesca Comyn
20th Jun, 2024 - 7 min read

Europe is preparing yet another round of Russian sanctions. What will it mean for Russia, the EU, and energy prices?

The proposed sanctions come as the bloc is under increasing pressure from Ukraine to boost its military support. But could it just harden Russia’s position?

Constantin Gurdgiev
13th May, 2024 - 6 min read

Ireland’s international spyware pact has no commitment on export controls

US officials approached Ireland about joining an initiative on spyware just as the US was preparing sanctions against Irish-registered firm Intellexa.

Jonathan Keane
1st May, 2024 - 3 min read

Former Kremlin-backed aircraft lessor claims nearly €2 billion in losses

Liquidators were appointed last May to GTLK Europe, an Irish-based subsidiary of sanctioned Russian transport leasing giant JSC GTLK. They are now claiming insurance cover on 37 jets stuck in the Russian Federation.

Francesca Comyn
22nd Jan, 2024 - 2 min read
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