Trump administration temporarily suspends sanctions against a number of Russian banks
US Presidential Administration Donald Trump temporarily suspended sanctions against a number of Russian banks. These are financial institutions involved in international payments, particularly in the energy sector.
Which banks have been affected by the easing
According to the published information, sanctions restrictions are temporarily not applied to such entities:
▪️ Gazprombank
▪️ Sberbank
▪️ Alfa-Bank
▪️ Sovcombank
▪️ bank «Discovery»
▪️ Rosbank
▪️ bank «Zenit»
▪️ Bank Saint Petersburg«
▪️ Central Bank of the Russian Federation, and a number of other financial institutions.
Validity of the decision
Issued by the US authorities the licence allows to conduct transactions with these banks until 18 June 2026.
Reasons for suspension
Washington explained that full-fledged sanctions against banks involved in the settlements related to nuclear power and nuclear fuel supply, can create Risks to the stability of the energy sector, In particular, for US partner countries.
Context.
The decision comes amid discussions on the balance between sanctions pressure on Russia and ensuring uninterrupted operation of critical energy infrastructure, including nuclear power plants in Europe and other regions.
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