The Russia/Iran/DPRK sanctions bill, passed overwhelmingly by Congress this past July and sent to the White House for President Trump’s grudging approval, represents a significant escalation in Ukraine-related sanctions on Russia. Provisions in the legislation raise the possibility of U.S. sanctions being imposed on companies that partner with Russia in projects to build pipelines for energy exports. It is widely understood that the U.S. bill is specifically intended to undermine the project of five major European companies and Russia’s Gazprom to build the Nord Stream 2 gas pipeline between Russia and Germany.I cannot definitively assess how the U.S. bill might …read more
Source: The American Interest
