The US Treasury has authorized transactions with major Russian banks for energy transactions
The US Treasury has temporarily lifted restrictions on transactions with major Russian banks, including the Bank of Russia, VTB and Sberbank, for transactions related to the energy sector. The permit is valid until April 30, 2025.
The U.S. Treasury Department, through OFAC, has temporarily authorized transactions with major Russian banks such as the Bank of Russia, VTB, Sberbank, Rosbank and others as part of transactions related to the energy sector. This authorization applies exclusively to transactions related to energy transactions and will be valid until April 30, 2025.
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