Wednesday, December 7, 2022

externalUS extends several Russian banks' licenses for energy-related transactions.

This item is part of our running news digest

by The Kyiv Independent news deskJune 14, 2022 11:17 pm
Share

According to the U.S. Treasury Department, the list includes Russia's central bank, Sberbank, VTB Bank, Alfa-Bank, and a few others. The license, which allows purchases and production of oil and oil products, coal, and wood, was extended until Dec.5. Western countries have imposed sanctions on major Russian banks but have been criticized for creating a major exception for oil and gas transactions.

externalGo to the source of this newsSEE OUR NEWS DIGEST
The Kyiv Independent news desk
The Kyiv Independent news desk

We are here to make sure our readers get quick, essential updates about the events in Ukraine.

Independent journalism
for an independent Ukraine
Independence is an expensive currency. Both Ukraine and its journalists are paying a high price to preserve its independence. Support Ukraine's trusted journalism in its darkest hour.