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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 Wednesday 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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