The still evolving US sanctions (as well as the EU and now also separate UK sanctions) continue to challenge Russia-related business. The sanctions frameworks are complex, changing, and, at times, inconsistent as well as overlapping. Navigating this complex global framework is made even more difficult by the ongoing unpredictable and reactionary geopolitical environment as the Biden Administration gets underway.

This presentation highlights the most recent developments and then provides a detailed overview of the relevant frameworks and their possible implications—including a focus on the energy sector—as of 20 April 2021.