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U.S. Temporarily Allows Energy Transactions with Russian Banks: What This Means for Russia?
... Department of the Treasury has temporarily eased sanctions on energy-related operations for a number of Russian banks, including the Central Bank, Sberbank, VTB, and Rosbank. This decision, effective until April 30, also includes lifting sanctions on Prominvestbank. This measure allows the continuation of transactions related to the supply of oil, gas, and other raw materials.
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This move demonstrates flexibility in U.S. sanctions policy towards Russian energy. It underscores the ...
The United States has allowed transactions with Russian banks in the energy sector: what does this mean
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The U.S. Treasury Department has temporarily eased sanctions on energy-related operations for several Russian banks, including the Central Bank of Russia, Sberbank, VTB, and Rosbank. This decision, effective until April 30, also lifts sanctions on Prominvestbank. The measure allows for the continuation of transactions related to the supply of oil, gas, and other raw materials.
This move demonstrates the flexibility of U.S. sanctions policy towards Russian energy. It highlights the importance ...