EconomicRussia·Unpinned14 Oct 2026
The role of US sanction exemptions in the Russian diesel trade
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The US Treasury’s Office of Foreign Assets Control (OFAC), led by Director Bradley Smith, issued a general license authorizing the import and delivery of Russian diesel fuel until April 2027. This action occurred alongside the European Union’s 22nd sanctions package and new US punitive measures under the 'Hellish Sanctions Act' amidst the ongoing conflict…
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