EIB Export News

EIB EXPORT NEWS - PODCAST 27 - Treasury Dept. Sanctions On Russia's Oil Production & Exports

Nicolette

Learn about the recent Treasury Dept. Sanctions On Russia's Oil Production & Exports

This is a set of sanctions that President Biden has implemented on his way out that will put added pressure on Putin.

These sanctions are done in conjunction with the UK.  It seems like a last ditch effort to end the war, but it is unclear what affect it will actually have.  These sanctions go deep and globally into trying to stop the Russian funding of their war with Ukraine.

LINK TO TREASURY PRESS RELEASE:

https://home.treasury.gov/news/press-releases/jy2777