6WS.SG,0P0001MVOP,0

Payment service Wise <a href="https://wise.com/help/articles/6KoVCechMSzTAHwsKoJfVQ/wise-card-restrictions-for-russian-and-belarusian-customers">announced</a> restrictions for Russians and Belarusians living in the EU. The company temporarily blocked accounts and cards for passport holders of these countries. To unblock accounts and cards, bank customers will have to confirm citizenship of the EU or Switzerland or permanent residence in them.

Wise will close the cards of Russians and Belarusians without residence permits in the EU

Many Russians living in Europe still have accounts and cards in Russian sub-sanctioned banks. But EU countries are gradually introducing <a href="https://eur-lex.europa.eu/eli/dir/2024/1226/oj/eng">liability</a> for circumventing anti-Russian sanctions, which raises the question of whether having an account in such a bank and using it is considered a criminal offense. Lawyers from the EU and Russia have presented two scenarios for the application of this norm - optimistic and pessimistic.

Life in the EU and an account in the Russian sanctions bank: lawyers' opinions on risks and action plan

Chevron Corporation

Exxon Mobil Corporation

Exxon Mobil Oil Corporation is among the companies that are interested in international assets of Lukoil, which has fallen under U.S. sanctions, Bloomberg sources <a href="https://www.bloomberg.com/news/articles/2025-11-18/lukoil-s-suitor-list-grows-to-include-exxon-chevron-abu-dhabi?srnd=homepage-europe&amp;sref=Y0jVLcFo">said </a>. The possibility of buying part of the Russian oil giant's foreign business is also being studied by Chevron, Reuters <a href="https://oninvest.com/article/chevron-izucaet-vozmoznost-vykupa-aktivov-popavsego-pod-sankcii-lukojla-reuters">wrote the</a> day before, also citing sources. Exxon and Chevron are considering Lukoil's stake in Iraq's West Qurna-2 field, two Bloomberg sources said.

Exxon joins Chevron as bidders for Russian Lukoil assets

On the night of November 1, citizens of Russia and Belarus living in Europe faced blocking of accounts and cards of Revolut, one of the key banks for citizens of these countries in the EU. This is not the first time that Neobank has blocked the accounts of passport holders of these countries. Oninvest spoke to two people who had previously managed to get their accounts unblocked at Revolut. In one case, the issue was solved by an official appeal to the regulator, in the second case - by uploading documents to the bank's system in the right combination.

How to get Revolut to unlock your account? Here are two success stories 

Sibanye Stillwater Limited

Lynas Rare Earths Limited

Range Resources Corporation

Active negotiations between the US and China, sanctions policy and the US shutdown determine the composition of the portfolio in November. Alexander Orlov, Managing Director of Arbat Capital, proposed a strategy that balances both investors' expectations and the results of specific companies.

Where to invest $10,000 in November: Between America and China

The largest U.S. military presence in decades is off the coast of Venezuela: two U.S. destroyers are stationed near the country's maritime borders. The U.S. claims to be fighting drug trafficking - ships suspected of carrying drugs have been struck. President Trump said "the sea is under total control, now looking at land". Venezuela says Washington is determined to overthrow the government of Nicolas Maduro. The country has been under US sanctions for many years, but it could have interesting investment potential if the political situation changes. Oninvest asked Alexey Golubovich and Alexander Orlov to analyze which sectors and assets are worth looking at

Off the coast of Venezuela, the U.S. fleet and aviation: what it means for the investor

Oil prices up more than 5% due to new restrictions 

Chinese state-owned companies suspend Russian oil purchases due to sanctions - Reuters

The EU plans to impose a 19th package of sanctions on Oct. 23 to stop imports of Russian LNG by 2027

Oil soared 5% after new US sanctions. They will affect crude exports from Russia

Meta Platforms, Inc.

International Business Machines Corporation

Reddit, Inc.

Brent crude oil futures soared almost 6% after new US sanctions affected Russia's largest crude producers. Meta laid off about 600 employees from its AI division. IBM posted gains: beating Wall Street forecasts, raising its full-year revenue guidance and reporting a record $9.5 billion in AI orders in its portfolio, while shares plummeted. These and other topics - in the review of key events for the morning of October 23.

Highlights for the morning: new US sanctions, Meta cuts AI staff, IBM grows, Reddit sues

This is the first package of restrictions on Russia passed under the Trump administration, Bloomberg notes

The US imposed sanctions against Russia's largest oil companies. Oil prices rose

The U.S. will announce a new round of sanctions against Russia, Treasury Secretary Scott Bessent warned, signaling that President Donald Trump is preparing to increase pressure on Ma, Bloomberg <a href="https://www.bloomberg.com/news/articles/2025-10-22/white-house-to-ratchet-up-russia-sanctions-bessent-says?srnd=homepage-europe">reports </a>. "We're going to announce - either after the markets close today or tomorrow morning - a significant expansion of sanctions against Ma," Bessent told reporters at the White House on Wednesday, October 22. He did not specify which measures he was referring to.

U.S. will significantly expand sanctions against Russia - the head of the Ministry of Finance Bessent

Raiffeisen Bank International AG

Shares of Austria's Raiffeisen Bank showed the biggest growth in two months after reports that the European Union may transfer to the bank frozen assets that have been linked to Russian businessman Oleg Deripaska. According to the FT, it is about a €2 billion stake in construction concern Strabag, which could offset the bank's losses in Russia. Raiffeisen is the largest Western bank that continues to operate in that country.