NPR News: The U.S. has tried to weaken Russia’s wartime economy. Are sanctions working?
January 14, 2025
Erik Broekhuizen says “The fleet has grown quickly from (inaudible) to maybe 600 – between 600 and a thousand now, and that has allowed Russia to maintain their exports at pretty much the pre-invasion levels.”
Broekhuizen says this latest round of sanctions significantly strengthens penalties, effectively barring any individual or company from the U.S. financial system if it deals with about 200 newly sanctioned shadow fleet vessels.
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