As announced during his State of the Union, President Biden and U.S. Allies and partners, announced additional sanctions against Russia and Belarus. In recognition of the impact of the sanctions and export controls on the energy industry, the United States and Allies released 60 million barrels of oil from strategic reserves.
The new restrictions include:
Expansion of BIS Sanctions from Russia to Belarus : The United States Department of Commerce plans to extend to Belarus the stringent export control policies implemented against Russia last week. These export controls cover a wide array of technology products, including high tech products […]
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