Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Al Mayadeen's correspondent in South Lebanon: Three martyrs in strike that targeted vehicle on Shoukin-Kfar Dejjal road, Nabatieh District.
Iranian Judiciary Spokesperson: Israeli aggression on Evin Prison a war crime.
Iranian Judiciary Spokesperson: A number of employees, civilians martyred in Israeli aggression on Evin Prison yesterday.
Netanyahu: "Israel" has agreed to the US proposal for a bilateral ceasefire with Iran.
Al Mayadeen's correspondent in South Lebanon: Israeli drone strikes Shoukin-Kfar Dejjal road, Nabatieh District.
Al Mayadeen's correspondent: 25 martyrs, more than 150 injured in Israeli targeting of aid seekers near Netzarim Axis, central Gaza Strip.
The ceasefire between Iran and "Israel" has officially begun.
Sirens sound in northern occupied Palestine.
Israeli media: Iran used missiles that have never been launched before in its latest attacks.
Israeli military command reports the detection of a fifth launch from Iran.

US Treasury sanctions 5 Turkish firms over Russia ties

  • By Al Mayadeen English
  • Source: Agencies
  • 15 Sep 2023 13:46
3 Min Read

The US sanctions will target companies based in Finland, the United Arab Emirates, and Turkey hoping to disrupt technology supply chains.

  • x
  • US Treasury sanctions 5 Turkish firms in a new comprehensive package against Russia.
     US Secretary of the Treasury Janet Yellen delivers an address during the second annual Committee on Foreign Investment in the United States (CFIUS) Conference at the Treasury Department, Washington D.C., United States, on September 14, 2023. (AFP)

The US Treasury and the State Department have imposed sanctions on five Turkish corporations and one Turkish national, alleging their involvement in aiding Russia in bypassing unilateral US sanctions.

The shipping firms in question have been accused by the Biden administration of servicing vessels linked to Russia's Ministry of Defense and transporting Russian dual-use equipment, such as drones and sensors.

These sanctions are part of a broader package aimed at undermining Moscow's economy, energy, and military sectors, encompassing over 150 targets, including entities in Turkey, the United Arab Emirates, and Georgia. The package is one of the most extensive sanctions packages in the history of the US State and Treasury departments.

By sanctioning major Turkish companies for alleged collaboration with Russia, the United States further strains its already complicated relationship with Ankara.

Turkish President Recep Tayyip Erdogan has navigated a delicate balance between the United States, its Western NATO allies, and Russia, a challenge that has intensified since Russia launched its Special military Operation in Ukraine. While Turkey has provided military support to Ukraine, it has also maintained trade and diplomatic ties with Moscow.

Related News

Supreme Court lets Trump resume migrant deportations abroad

Iran moves to suspend cooperation with IAEA over politicized stance

The new sanctions package aims to disrupt supply chains that go into Russia's defense industry. They have even targeted Finland-based Siberica and Luminor as well as the former's owner Gabriel Temin for selling electornics to Russians.

Read more: Pentagon blames Russian e-warfare for failed Ukraine counteroffensive

Turkey pressured to take anti-Russia stance

On Thursday, Ankara slammed the European Parliament's insistence on Turkey's collaboration in imposing sanctions against Russia as Turkey and the European Union embarked on a new endeavor to restart the country's stalled membership negotiations, Bloomberg reported.

The news website indicated that the European Union and the United States are putting pressure on Turkey to join the sanctions campaign against Russia over the war in Ukraine.

While committing to enforceable United Nations sanctions, Turkey is refusing to participate in any additional sanctions activities for fear of complicating its mediation efforts between Kiev and Moscow.

Last weekend, at the Group of 20 summit in New Delhi, Turkish President Recep Tayyip Erdogan called on leaders to satisfy some of Russia's requests to resurrect the Black Sea agreement, which permitted Ukrainian grain supplies and reduced global food costs. However, the US and its allies have rebuffed his proposal to remove sanctions and today's events have shown more clearly the US's approach to the war in Ukraine.

Read more: Turkey slams European Parliament for pressure on anti-Russia sanctions

  • United States
  • Turkey
  • US sanctions on Russia
  • Department of State
  • Russia
  • US Treasury
  • Ukraine

Most Read

Israeli workers survey the site where a missile launched from Iran struck in Haifa on Sunday, June 22, 2025. (AP)

True Promise 3, wave 20: 40 missiles launched, Kheibar-Shekan in first

  • Politics
  • 22 Jun 2025
Rescue team work at the site where a missile launched from Iran struck Tel Aviv, Israel, Monday, June 16, 2025 (AP)

Wave 12 of Operation True Promise 3 launched, Sejjil deployed: IRGC

  • Politics
  • 18 Jun 2025
Iran launches missile barrage to Tel Aviv, casualties reported

True Promise 3, wave 14: Tel Aviv targeted, casualties reported

  • Politics
  • 19 Jun 2025
Iran's heavy barrages impact multiple Israeli targets overnight

Iran's heavy barrages impact multiple Israeli targets overnight

  • Palestine
  • 18 Jun 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
President Donald Trump speaks with reporters upon arriving at Morristown Municipal Airport in Morristown, N.J., Friday, June 20, 2025. (AP Photo/Manuel Balce Ceneta)
Politics

Trump lashes out at media outlets for downplaying Iran strike impact

ap
Politics

Turkey denies role in US-Israeli strikes on Iran nuclear sites

Iran targets US air base in Qatar with 'destructive' missile strike
MENA

Iran retaliates, targets US air base in Qatar with missiles

Demonstrators hold up a banner during a protest by Palestine Action group in London, Monday, June 23, 2025. (AP Photo/Frank Augstein)
Politics

UK signals 'terror' ban on 'Palestine Action', sparking protests

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS