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Friday, February 23, 2024

Sanctions

 Washington Post: U.S. imposes more than 500 new Russia sanctions after Navalny’s death - The move represents the most aggressive new penalties on the Kremlin in months, but their effectiveness is uncertain By Jeff Stein and Catherine Belton

Most importantly, the U.S. government will aim to tighten an existing Western “price cap” that requires purchasers to buy Russian oil at a discounted rate or face severe financial penalties. Energy sales are by far the biggest source of revenue for the Kremlin...

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