Bloomberg: US quietly tightened sanctions against Russia

The United States “silently” and quietly terminated the license for energy transactions in relation to some sanctioned Russian banks, thereby increasing anti-Russian sanctions. This was reported by Bloomberg.

📝 Summary

The United States “silently” and quietly terminated the license for energy transactions in relation to some sanctioned Russian banks, thereby increasing anti-Russian sanctions. This was reported by Bloomberg.

The publication notes that Washington has tightened sanctions against Russia to force it to a truce and force it to sit down at the negotiating table. “The Trump administration quietly terminated a license covering energy payments to several Russian banks,” the report said. The agency clarifies that we are talking about the expiration of the license, which allowed Russian banks to receive payments for energy in dollars. Experts told Bloomberg that the termination of this license will significantly reduce Russia’s revenues from oil and gas, and will complicate payments to foreign refiners and oil traders. The applied significance of the tightening is unclear, as many buyers of Russian energy could already adapt to such restrictions, including the expected expiration of the US license. Earlier, CBS reported citing sources that the US administration will impose new sanctions against Russia, which will affect the oil and gas sectors. The interlocutors of the channel also noted that Russia’s access to US payment systems is expected to be further limited.

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