Is it true, do you have a credible source or some news for this information or just fud?
Well they have sanctions against them. So regardless of what legit sources say, it is a really bad idea to touch their cryptocurrency regardless of what country you are from. National sanctions isn't something you can just ignore and shrug off, its a serious thing.
It seems like a scamcoin to me anyway, because it is tethered to their oil supply but it is POW? How will they ensure they always accumulate the same amount of oil as they have coins in existence ? It really does not add up