New US sanctions poised to target Russia's energy and banking
American officials have prepared a new package of sanctions against Russia, targeting the energy and banking sectors, Reuters reports. The new restrictions aim to persuade Vladimir Putin to end the war against Ukraine. However, it remains unknown whether Donald Trump will approve them.
What you need to know
- New sanctions: American officials have developed sanctions against Russia, covering the energy and banking sectors. The aim is to compel Russia to end the war in Ukraine.
- Decision uncertainty: It is unclear whether President Trump will approve the new restrictions, despite previous threats against Russia.
- Political pressure: There is strong support in Congress for imposing new sanctions, but the bill has not yet been brought to a vote.
The potential targets of the new restrictions include Gazprom and other large entities. Reuters reports that the aim of imposing sanctions would be to compel Russia to make concessions and accept the American proposal for a ceasefire.
Despite the preparation of sanctions, it is not certain whether President Trump will decide to approve them. The agency recalls that in recent weeks, the US President has repeatedly threatened sanctions against Russia, including those on the energy and banking sectors, but has not yet acted.
Will Trump strike Russia? Congress is "in favor"
There is widespread support in Congress for imposing new sanctions on Russia. More than 60 out of 100 senators have already supported the next round of restrictions. Nevertheless, it has not yet been brought to a vote.
