US President Donald Trump in a meeting with Russian President Vladimir Putin in 2019
US goes after Russian gas money, part 2
While Donald Trump’s future sanctions policy is anything but certain, he may use a ‘carrot and stick’ approach to pursue an end to the war in Ukraine, although any changes will not happen overnight
Through its sanctioning of Gazprombank, the Biden administration has created an even higher threshold of restrictions for US President-elect Donald Trump to inherit in just under two months’ time. Regardless of whether or not Trump can achieve the swift end to fighting in Ukraine he has promised, there is unlikely to be any fast easing of sanctions pressure on the Russian energy sector, analysts agreed. “Sanctions policy under Trump remains a big unknown, but I expect this to be one of the bargaining tools in the Ukrainian peace agreements talks,” Anne-Sophie Corbeau, research scholar on global energy policy at Columbia University’s School of International and Public Affairs, told Petroleum
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