The White House, now unconcerned about the effect on gas prices and inflation, blacklisted two of Russia’s biggest oil producers and nearly 200 tanker ships.

In the run-up to his departure from the White House, President Joe Biden has slapped a number of major new sanctions on Russia’s financial systems and energy sector. The U.S. originally threatened Russia with “the mother of all sanctions” as Moscow prepared to invade Ukraine in February 2022.

The United States government has introduced powerful measures to ensure that sanctions placed on Russia cannot easily be undone by future administrations. These new actions are designed to stop attempts to weaken penalties targeting key parts of the country’s economy,

The new sanctions package aims to counteract evasion schemes and strengthen previous measures. The Treasury has reimposed restrictions on nearly 100 organizations, focusing on three key sectors: ・Finance: Including Sberbank,

President Joe Biden just dropped a sanctions bomb on Russia; one so tightly sealed it’s built to survive Donald Trump’s reign. Especially as the president-elect seems dead set on fixing his friendship with Russia’s president Vlad Putin.