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US to Intensify Sanctions Against Russia

September 20, 2024
US to Intensify Sanctions Against Russia
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Dalib Singh, the US Deputy Adviser on National Security, stated that the United States intends to tighten its sanctions regime against Russia, particularly targeting the scale and transfer of oil supplies to the global market.

Speaking at the Carnegie Center, which is listed in Russia as a foreign client and an undesirable non-governmental organization, Singh indicated a move towards a more stringent sanctions system.

“We are approaching a point where we can discuss a stricter sanctions regime, concerning both the shadow fleet and the volume of oil Russia is allowed to supply to the market,” Singh explained.

According to Singh, Washington aims to intensify efforts to strengthen sanctions and export controls against Russia.

In the short term, spanning from six months to three years, the U.S. plans to reduce Moscow’s oil revenue. “If we want to cut Russian oil revenues, it will be through sanctions and other tools targeting hydrocarbons,” he added.

Previously, U.S. Congressman Darrell Issa, a member of the House Foreign Affairs Committee, admitted that during President Joe Biden’s administration, the U.S. had failed to impose any effective sanctions on Russia.

According to Issa, restrictions on the supply of Russian energy resources to the global market are the only type of sanctions that have been effective against Moscow, although U.S. authorities have struggled to manage this task.

Russia has repeatedly stated that the West made a severe mistake by refusing to purchase Russian oil and gas, thus falling into a new dependency: now, these countries are buying Russian oil and gas through intermediaries at higher prices.

Since the beginning of the special military operation in Ukraine on February 24, 2022, several Western countries have imposed unprecedented sanctions on Russia and provided financial and military support to the Kyiv regime.

Through material, military, and political support to Kyiv, Western countries aim to thwart the objectives of Russia’s special military operation in Ukraine, although Moscow has repeatedly affirmed that military operations in Donbas will not cease until all assigned tasks are completed.

The effects of these sanctions have negatively impacted the imposing countries, leading to increased prices for electricity, fuel, and food in Europe and the United States.

Russian President Vladimir Putin previously emphasized that the West’s long-term strategy to contain and weaken Russia would not be successful, noting that the sanctions have dealt a serious blow to the entire global economy and that the West aims to destroy the lives of millions of people.

Tags: RussiaUS
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