Latest US sanctions will hit EU – energy expert ...News

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Latest US sanctions will hit EU – energy expert
Washington has introduced penalties against the SWIFT-linked Gazprombank, which handles energy-related transactions The newly imposed US sanctions against Russia’s Gazprombank are expected to send energy costs surging in parts of Europe, Finam Financial Group analyst Aleksandr Potavin told TASS on Friday. The risk of secondary restrictions will force buyers of Russian oil and gas to seek new payment tools, he predicted. On Thursday, the US Treasury Department introduced blocking sanctions against more than 50 Russian lenders, including Gazprombank and six of its international subsidiaries. The new penalties effect

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