The administration of US President Joe Biden is unraveling new, even harsher measures sanctions against surplus trade in naphtha with Russia. In this manner, the team is trying to put pressure on the Kremlin’s military industry ahead of Donald Trump’s return to the White House.
RBC-Ukraine reports this from a post on Bloomberg.
Details of the current new arrivals are still being assessed, but according to the data, Biden's team is looking at the possibility that various types of Russian naphtha exports could be affected.
The agency notes that the US President has long relied such a decision through the fear that it could provoke a drop in energy prices, especially ahead of the presidential elections in November.
“However, in the minds of the fall in naphtha prices due to the global surplus and the fear that Trump you can try it In order to prevent Ukraine from settling in favor of Russia, in order to put an end to the potential tri-war war, the Biden administration is now open to more aggressive actions,” Bloomberg said.
According to the agency's data, there was talk of a greater readiness of the Biden team to take risks in the conflict with Russia in the situation of the end of its term. Moreover, the readiness is based on the fact that early attempts to curb Russia’s energy income have yielded mixed results, and average gasoline prices in the United States have fallen to their lowest level since mid-2021.
During the rest of its work, the administration also decided to increase the military and financial support of Ukraine through doubts from the further support of the US side by the Trump team.
Behind the words According to Bloomberg, the Biden administration will also consider introducing new sanctions aimed at the tanker fleet that Russia uses to transport its oil. New exchanges for the title “shadow fleet” may become more common in the coming years.
The agency also adds that the European Union plans to implement similar exchanges with the “shadow fleet” of the Russian Federation until the end. It turns out that EU sanctions will also be aimed at individuals who will take part in the trade (Russian naphtha – ed.).
Russian naphtha “shadow fleet”
U In 2023, the United States first imposed sanctions against two Russian tankers, Primorye and Yasa Golden Bosphorus. They transported naphtha, which was sold at a price of 60 dollars per barrel. The price “stall” was proposed to exchange Russia's income from the oil trade.
This sanctioned list of tankers has expanded to 73 Russian vessels.
The Red Great Britain added 50 new items to the list, which included six ships of the so-called “shadow fleet.”
And in the meantime, London added 11 new sanctions for sea vessels within the sanctions regime.
About the creation Russia “shadow fleet” and about those for whom sanctions were unable to stop naphtha tankers – read in our author's material.
Read the terms and important information about the war between Russia and Ukraine on the channel RBC-Ukraine on Telegram.