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.