On Oct. 22, the U.S. Treasury Department’s Office of Foreign Assets Control imposed sanctions against Russian companies Rosneft and Lukoil, as well as several of their entities. The measures block all property and interests of these firms that are within U.S. jurisdiction or held by U.S. persons, effectively severing their access to American assets and […]
Why Russia Could Withstand New Sanctions
Moscow is banking on the near-impossibility of taking all its oil offline.
