Five questions (and expert answers) about Biden's final round of sanctions on Russia

Contributing sentiments towards policy:

54% : Now that US oil production has grown, and Europe has diversified away from Russian energy sources, the options for hitting Russia's oil industry are greater and the administration took them. -- Daniel Fried
53% : This is significant because EO 13662 sanctions are codified in law, specifically the Countering America's Adversaries through Sanctions Act of 2017.
53% : In addition, the sanctions target Russian liquefied natural gas (LNG) terminals and Chinese companies involved in Russia's Arctic LNG 2 project, with the aim of disrupting Russian LNG exports, as well as the Vostok oil project, coal companies, and other businesses in the metals sector.
50% : If the next administration enforces Friday's actions and takes further steps to target Russian oil, as well as the third countries importing and re-exporting Russian oil, then the Trump administration will be in a strong negotiating position to make a deal with Putin that is in the best interest for Ukraine and US national security interests. -- Kimberly Donovan The Biden administration has done the incoming Trump team a solid: increasing its leverage as the incoming team intensifies efforts to reach a sustainable settlement of the war.
48% : If Trump can persuade OPEC to boost production at the expense of Russian volumes -- a deal his predecessor was never able to strike -- he could secure leverage over Moscow, maintain low world energy prices, and keep US oil and gas companies and their customers happy. -- Joseph Webster is a senior fellow at the Atlantic Council's Global Energy Center and its Indo-Pacific Security Initiative.
44% : This was no doubt done partly in solidarity with a sovereign nation facing an invasion, but economic self-interest may have also played a role.
34% : If Trump completely relaxes oil sanctions on Russia, then it will impact US oil and gas companies, along with their employees and investors.
30% : In any case, the Trump team will not be able to rescind most of the sanctions without a fight: those sanctions issued under Executive Order 13662 are subject to the Countering America's Adversaries Through Sanctions Act legislation from 2017 that provides for a mandatory congressional review of rescinded sanctions.
24% : Don't be shocked, however, if Trump reinforces or intensifies oil sanctions on Russia instead of softening them.

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