U.S. sanctions on Russia News

Investors, Insurers Warned of Risk of U.S. Sanctions for Russian Pipeline Ties

U.S. Secretary of State Mike Pompeo on Wednesday warned investors in two Russian natural gas pipeline projects that they could face sanctions as the Trump administration seeks to curb the Kremlin’s economic leverage over Europe and Turkey. Pompeo told a …

Russia Aims to Complete Nord Stream Gas Pipeline, Despite U.S. Objections

Russia’s Gazprom PJSC has made a request with the Danish government to deploy new vessels in the Baltic Sea for work on the disputed Nord Stream 2 gas pipeline, Denmark’s environmental protection agency said. The application is the latest signal …

Senators Seek to Expand U.S. Sanctions to Insurance for Russia-Europe Pipeline

U.S. senators will announce a bill this week expanding sanctions on Russia’s Gazprom-led Nord Stream 2 project, Senate aides said, targeting a pipeline Washington says will make Europe too reliant on Russian gas. The Protecting Europe’s Energy Security Clarification Act …

Russian Industrial Plants Turn to State Reinsurer to Take More Risk after U.S. Sanctions

Dozens of industrial plants in Russia have turned to the state’s reinsurance company for cover after an extension of U.S. sanctions made it difficult to get reinsurance elsewhere, the head of that firm told Reuters. The Russian National Reinsurance Co. …

Russia Delays Proposal to Criminalize Compliance with U.S Sanctions

Russian lawmakers on Thursday voted to postpone the second reading of a bill being discussed in the lower house of parliament that would make it a crime to comply with Western sanctions on Russia. The lower house said it would …