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US imposes new sanctions on Russia's energy sector

US imposes new sanctions on Russia's energy sector

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The Biden administration has announced new sanctions targeting Russia's energy sector, specifically the "shadow fleet" of oil tankers and individuals involved in the production and export of liquefied natural gas. The sanctions aim to significantly reduce Russia's petrodollar income and inflict pain on Moscow's oil and liquefied natural gas sectors. The measures include targeting 80 individuals and entities, two major Russian oil producers, and 183 vessels suspected of being part of the shadow fleet. This move is seen as a new effort by the administration to solidify its legacy in defense of Ukraine, following the release of billions of dollars in US military assistance to Kyiv.

British Foreign Office
1. Every blow we strike against Russia's oil revenues is another step towards a just and sustainable peace in Ukraine, and a step towards security and prosperity in the UK and beyond.
David Lammy
British Home Office
1. Taking on Russian oil companies will drain Russia's war chest -- and every ruble we take from Putin's hands helps save Ukrainian lives.
Dmitry Peskov
Kremlin
1. Of course, we are aware that the administration will try to leave the most difficult legacy possible in bilateral relations to Trump and his associates.
Volodymyr Zelenskiy
Ukraine Government
1. We are deeply grateful for America's leadership in holding Russia accountable. I am confident these steps will significantly reduce Russia's petrodollar income and, with it, its ability to continue its aggression.
2. Energy resources should never be used as weapons, as Russia does. Countries that respect international law can and should ensure stable and reliable energy supplies for the entire world.
Joe Biden
Democratic Party
1. I know that there are a significant number of Democrats and Republicans on the Hill who think we should continue to support Ukraine.
2. It is my hope and expectation they will speak up...if Trump decides to cut off funding for Ukraine.
3. Putin is in tough shape right now, and I think it's really important that he not have any breathing room to continue to do the god-awful things he continued to do.
Jake Sullivan
US National Security Agency
1. I think it's evident that if the U.S. pulls the rug out from under Ukraine, that will have an impact on the health of our European alliances and it will have reverberations in the Indo-Pacific.
Janet Yellen
US Treasury Department
1. Oil revenues are the lifeblood of Putin's war economy. We will not stand by and let oil profits endanger the lives of Ukrainians, nor will we let Russia keep filling its coffers as it continues to threaten our collective security.
John Kirby
White House National Security Council
1. We have at every step and on every major issue been keeping the transition team informed of our decisions, what we're doing and why we're doing it.
2. And so the time was propitious for this decision, and that's why the president made it.

US imposes new sanctions on Russia's energy sector

US Support to Ukraine

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