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Russia Sanctions Update – March 28, 2022 | Foley Hoag LLP

US Sanctions Target Russia s Energy Sector and Ban Imports of Russian Oil, LNG, and Coal as Enforcement Efforts Increase and Agencies Consider Cryptocurrency and Other Digital Assets

US Sanctions Target Russian Energy

President Biden issued an Executive Order prohibiting the importation of Russian-origin oil, liquified natural gas LNG, and coal into the United States and prohibiting US persons from making new investments in Russia’s energy sector.

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