The restrictions goal two main Russian producers, together with what Washington calls a “shadow fleet” transporting Russian oil
The US Treasury on Friday introduced a recent spherical of sanctions in opposition to Russia, imposed together with the UK. The restrictions goal Russia’s oil trade, together with two main producers – Gazprom Neft and Surgutheftegaz – in addition to their subsidiaries and entities offering numerous providers to the oil corporations, together with insurance coverage and transportation.
“America is taking sweeping motion in opposition to Russia’s key income,” Treasury Secretary Janet Yellen mentioned in a press release accompanying the announcement. “With at present’s actions, we’re ratcheting up the sanctions danger related to Russia’s oil commerce, together with transport and monetary facilitation in help of Russia’s oil exports.”
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