The Donald Trump administration does not intend to extend the exemptions from sanctions imposed on Russia in the banking and oil and gas sectors due to the war in Ukraine, which were applied during the term of President Biden.
Thus, CBS, citing its sources in the Trump administration, reports that the sanctions regime against Moscow will be tightened.
The report follows that the US Treasury Department has not extended the 60-day exemption established by the Joe Biden administration in January 2025. This exemption allowed the continuation of certain operations in the energy sector with the participation of Russian subprime banks.
In particular, Vnesheconombank, Otkritie Bank, Sovcombank, Sberbank, VTB Bank, Alfa-Bank, the Central Bank of Russia, and other banks have been restricted.
They will all be banned from accessing American payment systems to conduct energy transactions. Fox News White House correspondent Edward Lawrence wrote on his X account that due to the new restrictive measures, no European country can buy oil from Russia without the risk of falling under US sanctions.