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Bloomberg: US quietly asks some banks to keep working with Russia

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The U.S. Treasury and the State Department have reportedly asked major American banks, including JPMorgan and Citigroup, not to refuse to cooperate with "certain strategic Russian companies" to minimize the adverse effects of sanctions, Bloomberg reported on Nov. 7.

According to the story, officials called on banks not to refuse to provide "basic services," such as money transfers and conversion into dollars, to companies that are not directly targeted by sanctions, such as Gazprom, Uralkali, and PhosAgro.

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"I don't know if it’s gonna affect Russia, because he (Russian President Vladimir Putin) wants to obviously probably keep the war going, but we're gonna put tariffs and various things," U.S. President Donald Trump said.

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