financetom
Business
financetom
/
Business
/
US Treasury confirms expiration of Russian energy financing license
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US Treasury confirms expiration of Russian energy financing license
Mar 13, 2025 12:43 PM

WASHINGTON, March 13 (Reuters) - The U.S. Treasury on

Thursday confirmed that a license allowing a wind-down of energy

transactions with Russian financial institutions expired as

scheduled this week under stiff sanctions imposed in the final

days of Joe Biden's presidency.

A Treasury spokesperson said that General License 8L expired

at 12:01 a.m. EDT on Wednesday. The Biden administration granted

the license on January 10 to clear remaining transactions as it

banned energy financing deals with Russian banks, including

Sberbank, VTB and the Central Bank of the Russian Federation.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Comfort Systems USA Insider Sold Shares Worth $1,023,650, According to a Recent SEC Filing
Comfort Systems USA Insider Sold Shares Worth $1,023,650, According to a Recent SEC Filing
Nov 9, 2024
10:36 AM EST, 11/07/2024 (MT Newswires) -- Pablo G. Mercado, Director, on November 05, 2024, sold 2,500 shares in Comfort Systems USA ( FIX ) for $1,023,650. Following the Form 4 filing with the SEC, Mercado has control over a total of 9,036 shares of the company, with 9,036 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1035983/000141588924026298/xslF345X05/form4-11072024_031134.xml Price: 440.64, Change: +3.36, Percent...
FAA to strengthen oversight as Boeing prepares to resume 737 production
FAA to strengthen oversight as Boeing prepares to resume 737 production
Nov 9, 2024
WASHINGTON, Nov 7 (Reuters) - The Federal Aviation Administration said Thursday it will boost oversight as Boeing ( BA ) prepares to resume 737 MAX production following a 53-day strike that ended earlier this week. The FAA said Administrator Mike Whitaker spoke with Boeing ( BA ) CEO Kelly Ortberg this week and stressed the importance of Boeing ( BA...
Taboola.com Shares Fall After Q3 Loss Narrows, Revenue Gains; 2024 Guidance Reiterated
Taboola.com Shares Fall After Q3 Loss Narrows, Revenue Gains; 2024 Guidance Reiterated
Nov 9, 2024
10:37 AM EST, 11/07/2024 (MT Newswires) -- Taboola.com ( TBLA ) shares were down more than 6% in recent Thursday trading after the company posted a Q3 loss that narrowed year-over-year but fell short of analysts' expectations. The company reported a Q3 net loss of $0.02 per share, compared with a loss of $0.07 a year earlier. Analysts polled by...
Cars.com Shares Rise After Q3 Results, Outlook Reaffirmed
Cars.com Shares Rise After Q3 Results, Outlook Reaffirmed
Nov 9, 2024
10:36 AM EST, 11/07/2024 (MT Newswires) -- Cars.com ( CARS ) shares were up nearly 3% in recent Thursday trading following its Q3 results. The company reported Q3 adjusted diluted earnings of $0.41 per share, up from $0.40 a year earlier. Analysts polled by Capital IQ expected $0.45. Revenue for the quarter ended Sept. 30 was $179.7 million, up from...
Copyright 2023-2026 - www.financetom.com All Rights Reserved