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US Issues New Russia-Related Sanctions
#OOTT | US Issues New Russia-Related Sanctions – Tsy Department Website
— LiveSquawk (@LiveSquawk) January 10, 2025
- Sanctions Entities Tied To Gazprom Nefthttps://t.co/al48omAkZd
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BREAKING: US imposes wide-range fresh oil sanctions on Russia, including, several companies (notably, Gazprom Neft and Surgutneftegas), more than 150 oil tankers, traders, two key insurance companies, and individuals | #Russia #OOTT https://t.co/tbhnCUMNF9
— Javier Blas (@JavierBlas) January 10, 2025
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Treasury Intensifies Sanctions Against Russia by Targeting Russia’s Oil Production and Exports
Today, the U.S. Department of the Treasury took sweeping action to fulfill the G7 commitment to reduce Russian revenues from energy, including blocking two major Russian oil producers. Today’s actions also impose sanctions on an unprecedented number of oil-carrying vessels, many of which are part of the “shadow fleet,” opaque traders of Russian oil, Russia-based oilfield service providers, and Russian energy officials. Today’s actions are underpinned by the issuance of a new determination that authorizes sanctions pursuant to Executive Order (E.O.) 14024 against persons operating or having operated in the ... (full story)
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