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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Halls of Shrewd'm / US Policy
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Author: commonone ✹✹  😊 😞
Number: of 84359 
Subject: Re: New sanctions on Russia
Date: 03/13/25 3:50 PM
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Dope1: Biden had allowed the Russkies to see oil to the EU by giving their banks exceptions.


Marc Thiessen is an idiot who panders to fools.

Days before President Biden leaves the White House, the U.S. government has delivered a major blow against Russia. On January 10, 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced its most comprehensive sanctions to-date against Russia’s energy sector. OFAC’s sanctions were complemented by another sweeping sanctions action by the U.S. Department of State (State Department) on the same day.

Also, with ten days to go in President Biden’s term, his Treasury Department announced tough new sanctions on Russia:

Friday’s actions targeting Russia’s energy sector have the potential to significantly disrupt Russia’s ability to generate revenue from the sale of oil. Unlike previous efforts to restrict Russia’s oil profits, such as the sixty-dollar-per-barrel price cap and sanctions on financial institutions such as Gazprombank, the latest sanctions directly target Russia’s energy sector and its ability to export oil. Notably, the United States and the United Kingdom designated two important Russian oil producers and exporters, Gazprom Neft and Surgutneftegas, along with their subsidiaries, which handle more than a quarter of Russia’s seaborne oil exports. These entities were designated under two different authorities—Executive Order (EO) 14024 and EO 13662. This is significant because EO 13662 sanctions are codified in law, specifically the Countering America’s Adversaries through Sanctions Act of 2017. This means that the incoming Trump administration will need to confer with Congress if it wants to lift the sanctions on these companies.

troutman.com - A minefield in russias energy sector bidens final sanctions act may be game changing

atlanticcouncil.org - Five questions and expert answers about bidens final round of sanctions on russia

npr.org - Europe russian oil products ban

energyandcleanair.org - Russia sanction tracker
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This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
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