"US Sanctions Russian Metals Trading on Exchanges"

1 min read
Source: Bloomberg
"US Sanctions Russian Metals Trading on Exchanges"
Photo: Bloomberg
TL;DR Summary

The US and UK have imposed new restrictions on trading Russian aluminum, copper, and nickel in an effort to limit President Putin's ability to finance military activities, with the London Metal Exchange and Chicago Mercantile Exchange barred from accepting new Russian supplies. The rules apply to metals produced on or after April 13, and the US is also prohibiting Russian imports of these metals.

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