RE:RE:RE:RE:RE:down the road ..Have the Russian oil sanctions been implemented or are the effective starting in June as some reports seem to indicate? I base that on a WSJ oped yesterday by Kim Strassel that said
First, Strassel noted that the administration was slow in applying sanctions in the first place. Initially, Biden completely refused to impose sanctions in the lead-up to the invasion, citing ‘multilateralism’ and blaming European allies’ reluctance. On Friday, the Treasury Department quietly clarified that the new sanctions won’t even start applying to most energy transactions until June 24th — meaning Wall Street can keep buying and selling Russian oil and gas for now.