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U.S. Treasury Lifts Restrictions on Some Energy-Related Transactions with Russia

The U.S. Treasury has announced an easing of restrictions on a number of Russian banks for “authorized” energy-related transactions. The announcement was made Oct. 30 by the Office of Foreign Assets Control of the U.S. Treasury, reported TASS.

The institutions include the Central Bank of Russia, Sberbank, Alfa-Bank, VTB, the National Clearing Center, Sovcombank, and other entities. These transactions will be allowed until April 30, 2025.

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