On October 22, 2025, the U.S. Department of Treasury, Office of Foreign Assets Control (OFAC) announced historic sanctions against Russia’s largest oil companies to further undercut the Kremlin’s ability to support its war in Ukraine.
Authors:
Daniel B. Pickard
Email: daniel.pickard@bipc.com
Joseph C. Pickard
Email: joseph.pickard@bipc.com
Jordan A. Yeagley, CAMS
Email: jordan.yeagley@bipc.com