The US Congress will severely punish any attempt to circumvent oil sanctions against Russia.
The US Congress will severely punish any attempt to circumvent oil sanctions against Russia. The WSJ writes that the US Congress is preparing a bipartisan proposal to strengthen the agreement on a price ceiling for Russian oil. It is noted that Senators Chris Van Hollen and Pat Toomey want to warn all foreign firms, not just those based in G7 countries, that they face possible sanctions if they buy, insure, or finance Russian oil above the price ceiling. Meanwhile, Van Hollen and Toomey say they are concerned that major buyers of Russian oil, such as India and China, could easily circumvent the price cap. If buyers use financial services from non-Western countries, they can buy Russian oil above the established price limit. This is why the US Congress feels that secondary sanctions are necessary.
The costs of rebuilding Ukraine are going to be significant and will require government and private funding of massive reconstruction projects. If you would like to learn more about how you can help, and earn a significant passive income by purchasing a corporate income bond focused on the rebuilding of Ukraine offered by Andesite Blue, please email Benjamin Z Miller at ben.miller@andesiteblue.co.uk
Or contact any of our team at www.andesiteblue.co.uk/team
I hope that helps and good luck with your investing!
-
4:31
RT
1 year agoRussia sanctions cause more damage to countries that impose them – Putin
1.24K41 -
1:21
Pirateprepping
1 year agoUS Fails to Cap Russia Oil
13 -
8:39
Pirateprepping
1 year agoUS to Sanction Russia Again
7 -
6:20
RT
2 years agoGlobal impact of sanctions on Russia
1.41K22 -
0:59
MineralRoyalties
1 year agoSanctioning Oil and Natural Gas Sanctions Society
24 -
2:19
boodieugwumba
11 months agoRussia Mocks US Sanctions.
4 -
5:54
Arcadia Economics
1 year agoUS sanctions push Russia into first foreign debt default since Bolshevik Revolution
533 -
3:44
Remix News & Views
1 year agoPutin Says Sanctions Have Failed Against Russia
108 -
1:47
Mr Producer Media
2 years agoSen Cotton: We Need To Impose Sanctions on Russian Oil And Gas!
1494 -
6:38
crcook84
1 year agoRussian oil will continue to flow despite sanctions and price caps
20