MenuTelling the BBC that he is “disappointed but not done with Vladimir Putin,” President Donald Trump has threatened 100% tariffs against Russia, including secondary tariffs against countries that help dodge sanctions on the Kremlin’s energy exports., The U.S. Senate is considering a bill to give the president the ability to impose additional “sledgehammer” measures with up to 500 percent secondary sanctions. Under pressure, Moscow is expanding its hydrocarbon exports by boosting LNG shipments to the Asian markets from Siberia’s Yamal Peninsula. On June 26th, the Russian tanker Iris docked at Arctic LNG 2 terminal, a joint venture between Russia’s Novatek, Chinese CNPC and CNOOC, and Mitsui and JOGMEC, marking the first departure from the sanctioned facility since October 2024.
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