US is placing more restrictions on Russia's oil, gas and banking sectors by further restricting Russian access to US payment systems, according to four people familiar with the plans cited by CBS
"The Treasury Department on Wednesday let lapse a 60-day exemption put in place by the Biden administration in January that allowed specific energy transactions involving sanctioned Russian banks to continue. By letting the waiver lapse, the banks may no longer access U.S. payment systems to conduct major energy transactions."
13 Mar 2025 - 20:36- EnergyGeopolitical- Source: CBS
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