THE JOURNAL OF EXPORT CONTROLS AND SANCTIONS

Issue 76, February 2019

An update on US and EU Russia sanctions and the energy market

Sanctions imposed on Russia by the United States and European Union present considerable challenges to many businesses – the oil and gas sector being amongst the most significantly affected. Recent..

Sanctions imposed on Russia by the United States and European Union present considerable challenges to many businesses – the oil and gas sector being amongst the most significantly affected. Recent divergence of law and approach only adds to the complexity, writes Brett Hillis.   In 2014, the US and the European Union introduced sanctions against Russia in response to Russian activity in Crimea and Eastern Ukraine. Initially, the US and EU regimes developed in step, and while there were always differences as to the targets of sanctions and detailed differences of interpretation, the broad approach of the regimes was aligned....

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