{"id":12709,"date":"2025-03-13T21:01:20","date_gmt":"2025-03-13T21:01:20","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/trump-administration-toughens-sanctions-on-russian-oil-gas-and-banking-sectors\/"},"modified":"2025-03-13T21:01:20","modified_gmt":"2025-03-13T21:01:20","slug":"trump-administration-toughens-sanctions-on-russian-oil-gas-and-banking-sectors","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/trump-administration-toughens-sanctions-on-russian-oil-gas-and-banking-sectors\/","title":{"rendered":"Trump administration toughens sanctions on Russian oil, gas and banking sectors"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     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class=\"lazyload embed__frame\" data-width=\"1920\" data-height=\"1080\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\" id=\"putin-says-he-agrees-in-principle-to-ukraine-ceasefire-points-out-issues-pending--hero\" title=\"Video: Putin says he agrees in principle to Ukraine ceasefire, points out issues pending\" data-sort-time=\"1741886101000\" data-update-time=\"1741886101000\"><\/iframe><\/p><\/div>\n<p>          <button class=\"player-overlay__button--icon-close__mobile\" data-target=\"\" aria-label=\"Close sticky player\"><br \/>\n        <svg class=\"player-overlay__button--icon\">\n          <use xlink:href=\"#player-icon-close\"\/>\n        <\/svg><br \/>\n      <\/button><\/p><\/div>\n<\/p><\/div><figcaption class=\"embed__caption-container\">\n                              <a href=\"https:\/\/www.cbsnews.com\/video\/putin-says-he-agrees-in-principle-to-ukraine-ceasefire-points-out-issues-pending\/\" class=\"embed__headline-link\" data-invalid-url-rewritten-http=\"\"><\/p>\n<p>          <span class=\"embed__icon\"><br \/>\n            <svg viewbox=\"0 0 32 32\" aria-hidden=\"true\">\n              <use xlink:href=\"#icon-video\"\/>\n            <\/svg><br \/>\n          <\/span><\/p>\n<p>          <span class=\"embed__headline\">Putin says he agrees in principle to Ukraine ceasefire, points out issues pending<\/span><\/p>\n<p>          <span class=\"embed__video-duration\">05:14<\/span><\/p>\n<p>                      <\/a><\/p>\n<\/figcaption><\/figure>\n<section class=\"content__body\">\n<p><em>Washington <\/em>\u2014 The Trump administration is placing more restrictions on Russia&#8217;s oil, gas and banking sectors by further restricting Russian access to U.S. payment systems, according to four people familiar with the plans.\u00a0<\/p>\n<p>The Treasury Department on Wednesday let lapse a 60-day <a href=\"https:\/\/ofac.treasury.gov\/faqs\/976\" target=\"_blank\" rel=\"nofollow noopener\">exemption<\/a>\u00a0put in place by the Biden administration in January that allowed specific energy transactions involving sanctioned Russian banks to continue. By letting the waiver lapse, the banks may no longer access U.S. payment systems to conduct major energy transactions.<\/p>\n<p>The Russian financial institutions that had been exempt from sanctions included Vnesheconombank, Bank Financial Corporation Otkritie, Sovcombank, Sberbank, VTB Bank, Alfa-Bank, Rosbank, Bank Zenit, Bank Saint-Petersburg and the Central Bank of Russia.<\/p>\n<p>The decision to further restrict access to American banking systems makes it harder for other countries to buy Russian oil, thus limiting its global supply. It could lead to a price spike of up to $5 per barrel more, a notable jump after lower prices in recent weeks.<\/p>\n<p>But the stiffer restrictions also come as the Trump administration is trying to convince Russia to accept terms of a <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/russia-ukraine-war-trump-us-ceasefire-push-putin-forces-advance\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">proposed 30-day ceasefire<\/a><\/span> to end the war in Ukraine. President Trump on Thursday said U.S. officials are meeting with &#8220;President Putin and others&#8221; and having &#8220;very serious discussions.&#8221;\u00a0<\/p>\n<p>    <!-- data-recirc-source=\"queryly\" --><\/p>\n<aside class=\"component list recirculation component--type-recirculation \">\n<p><h3 class=\"component__title\">More from CBS News<\/h3>\n<\/p>\n<\/aside>\n<p>    <!-- tags --><\/p>\n<div class=\"content-author\">\n      <a href=\"https:\/\/www.cbsnews.com\/team\/jennifer-jacobs\/\" class=\"content-author__name\" data-invalid-url-rewritten-http=\"\">Jennifer Jacobs<\/a><\/p>\n<div class=\"content-author__bio\">\n<div class=\"content-author__full-information\">\n<p class=\"content-author__text\">Jennifer Jacobs is a senior White House reporter at CBS News.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/section><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     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Washington<\/p>\n","protected":false},"author":1,"featured_media":12710,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[],"class_list":["post-12709","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Trump administration toughens sanctions on Russian oil, gas and banking sectors - World News<\/title>\n<meta name=\"description\" content=\"The stiffer restrictions come as the Trump administration is trying to convince Russia to accept terms of a proposed 30-day ceasefire.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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