Russia sanctions. The U.S. Treasury Department sanctioned Russia’s two largest oil companies, Rosneft and Lukoil, citing the Kremlin’s “refusal” to end the Russia-Ukraine war. Separately, the European Union approved a ban on imports of Russian liquefied natural gas. Long-term contracts will be prohibited from 2027, while a ban on short-term contracts will go into effect […]
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Daily Memo: New Sanctions on Russian Energy
Washington sanctioned Russia's two largest oil companies and Brussels banned LNG imports.
