US plans additional sanctions to limit energy trade with russia - media

US plans additional sanctions to limit energy trade with russia - media

Kyiv  •  UNN

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The Biden administration is considering new sanctions against russia, prohibiting U.S. banks from working with Gazprombank.

The United States may impose additional financial sanctions against кussia before the end of the presidential term of Joe Biden. This was reported by Nikkei citing sources among EU officials, UNN reports.

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The administration of outgoing US President Joe Biden is reportedly considering additional financial sanctions against кussia. The U.S. administration is taking measures to prohibit U.S. banks from cooperating with Gazprombank, a major кussian lender that plays a key role in many energy deals.

The U.S. has notified other G7 countries that it will decide on the measures no earlier than the end of the month.

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It is noted that the Biden administration intends to increase pressure on кussia before President-elect Donald Trump takes office. In particular, European leaders are urging the Biden administration to provide more weapons and strengthen sanctions against russia before the end of the presidential term in preparation for a possible reduction in support for Ukraine under Trump.

The U.S. Department of Defense plans to provide Ukraine with $7.1 billion in military aid by the end of Biden's cadence. The aid packages will arrive almost every week for the next 70 days.

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