CBS News It has been reported On Thursday, the Trump administration showed that the European Union is considering further restrictions on Russian oil, gas and banks, despite preparing to remove some ultra-rich Russian oligarchs from the list of sanctions under pressure from Hungary and Slovakia.
Among the Biden administration's final acts were 60 days. Waiver This allowed dozens of authorized Russian banks to carry out financial transactions related to energy purchases with European banks. The exemption extended the Biden-era bank sanctions exemption to allow European consumers to continue to buy Russian oil and gas in the US dollar and minimize damage to the European economy.
The Biden administration was exaggerated Impressive New sanctions on Russian oil, which President Joe Biden prepared to quit his job in January, have confirmed that the sculpture is still quietly in place for European energy purchases. However, exemptions are given an unusually short expiration date of just two months, with six months more common.
The 60-day exemption expired midnight Wednesday, and the Trump Treasury Department chose not to update it, according to “four people familiar with the plan” who spoke to CBS News.
“The decision to further limit access to the US banking system will make it difficult for other countries to buy Russian oil, which will limit global supply. It could lead to a surge in prices of up to $5 per barrel, a notable jump after low prices in recent weeks,” CBS said.
Bloomberg News I heard it The same story from sources that predicted its effectiveness involves pushing up the price of oil, which increases by a few dollars per barrel.
“If you're a foreign oil refiner or oil trader, or someone who's buying Russian gas and the bank wants to pay Russia in dollars or, by extension, other Western currencies, you'll find it very difficult,” explained former State Department civil servant Edward Fishman.
“It's definitely a tightening, but the question is how influential this is in terms of the hard dollars and values of the actual oil trade. Daniel Tannebaum, a former Treasury official and partner in Oliver Wyman's consulting firm, said:
Senate Foreign Affairs Committee applause President Donald Trump has put a little pressure on Russian President Vladimir Putin to accept the ceasefire contract.
“Yesterday, President Trump closed the loophole in sanctions created by the Biden administration, which allows Russian oil and gas to be sold to Europe, despite the fact that Russia's energy revenues fund the war in Ukraine. This was a major step towards increasing President Trump's pressure on Russia,” the committee said.
Friday EU update Most sanctions against Russian elites, but under pressure from Hungary and Slovakia, they removed four oligarchs from the list.
Hungary had threatened to block the scheduled six-month sanctions on President Vladimir Putin, Foreign President Sergei Lavrov, and hundreds of other Russian political leaders, wealthy business tycoons and businesses, unless the list of eight specific individuals was removed from the sanctions list.
After a few days of negotiations, and at a deadline of March 15th, with rollovers approaching, EU negotiators have cut Hungary's list Three names: Mikhail Degtyaryov, Russian sports minister Mikhail Degtyaryov, billionaire businessman and former world president of the Jewish Congress, President Viatchesslav Moshe Kantor, and Gulbakhor Ismailova, sister to Uzbek Russian billionaire and Putin Komphi Alisher Usmanov.
The fourth individual, businessman Vladimir Rashevsky, was removed from the sanctions list on Friday after the legal case of putting him on the list was deemed weak. Hungary was not involved in asking for Rashevsky's removal from the list. Hungarian officials have not made publicly clear why it is so important to abolish the other people they mentioned.
“The Hungarians say, 'Look, Trump looks like he's going to make a peace deal,' but for us there's no even the beginning of a condition to contemplate lifting sanctions,” an unknown EU diplomat said. I complained Going to politics on Friday.
Estonian equally unfortunate foreign minister Margus Tsakna; Requested Hungarian voting rights to “work systematically against European common security interests.”
Tuna said Estonia will take its own unilateral actions, including banning entry into Estonia against the three Russians who have been removed from the sanctions list.
