US tightens sanctions on Russian energy trade | Global Trade Review (GTR)
The US has tightened sanctions on Russian energy trade transactions, removing an exemption introduced in 2022 designed to keep fuel prices stable, although legal experts doubt the reforms will have a widespread effect on banks. When the Office of Foreign Assets Control (OFAC) introduced sweeping sanctions on Russian entities in early 2022, it allowed an…| Global Trade Review (GTR)
