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“The sanctions will not target the oil flows as we go forward,” Amos Hochstein, senior energy security adviser of the State Department, told Bloomberg in an interview.

White House pledges to avoid future sanctions on Russian crude oil

Strategy aims to put pressure on Putin while avoiding fallout in US

By Arghyadeep Dutta
Published - Feb 25, 2022, 09:17 PM ET
Last Updated - Feb 15, 2024, 01:35 PM EST
  • Strategy aims to put pressure on Putin while avoiding fallout in US 
  • Not enforcing crude sanctions calmed oil markets on Friday 
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