The U.S. Treasury on March 13 did not extend a 60-day waiver that temporarily exempted Russia's largest banks from sanctions so they could process energy payments, such as purchases of Russian oil and gas, Reuters reported on March 14.

U.S., Russia: Russian Bank Exemptions From Energy Sanctions Expire

U.S., Russia: Russian Bank Exemptions From Energy Sanctions Expire | RANE

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The U.S. Treasury on March 13 did not extend a 60-day waiver that temporarily exempted Russia's largest banks from sanctions so they could process energy payments, such as purchases of Russian oil and gas, Reuters reported on March 14. 

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U.S., Russia: Russian Bank Exemptions From Energy Sanctions Expire

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