US sanctions will not force Russia to reduce oil exports

“These are not new sanctions. These are sanctions imposed by the previous Biden administration. On January 10, he introduced a rather strict package of restrictions. There were tankers, banks, Russian energy companies, which had never happened before. They are in a blocking package of sanctions. So you can’t have any contact with them. And banking.” According to Yushkov, there were expectations that Trump’s license, which would help circumvent sanctions, would extend. These expectations were based on the fact that the Trump administration is very cautious in negotiating with Russia and is clearly afraid to scare Russia into the negotiation process. “The fact that these sanctions have earned does not mean that Russia will reduce exports of oil, gas, coal, hydrocarbons, and this will mean a possible increase in the costs of exporting these hydrocarbons,” the expert added. The United States imposes new sanctions against Russia, as a result of which energy and banks will fall under restrictions.

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