Finally, the China problem: supplying components, raw materials, chemicals, and facilitating payments. The only way to influence this is via secondary sanctions against financial institutions — blocking payments and excluding from the global market anyone who wants to do business with Russia. 6/6

Another key action the Trump Administration can take to devastate Russia’s war chest is to end US business ties with Russian energy. Oilfield services companies like #SLB / #Schlumberger have expanded their operations in Russia, supplying tens of millions’ worth of materials. 5/6 ⤵️

There are other clear options—targeting oil majors; Russian banks that handle oil & gas payments, starting with Gazprombank; critical components and the defense industry; payment systems, including alternative channels, such as cryptocurrency; and Russia’s strategic projects in the Arctic. 4/6 ⤵️

Additionally, the US is still buying $3.5B worth of oil products made from Russian crude, totally legal. Russian oil flows to India and Turkey, gets refined into jet fuel, then heads right back to America. The EU has banned this loophole. The US? Not yet. 3/6 ⤵️

While it’s true that the EU can and must do more to curb Russia's shadow fleet of oil tankers, harmonising shadow fleet sanctions across the US, EU, and other allies is a practical, low-cost step that could significantly reduce Russia's oil export revenues. 2/6 ⤵️

🟦 Arbitration cases confirm that new government decrees or sanctions can trigger force majeure.
🟦 Clear EU guidance will help avoid legal disputes and ensure consistent application across member states.

Full analysis: bit.ly/47XQk1a

🟦 The force majeure principle provides a legal shield for firms forced to comply with the new ban.
🟦 Under European civil law systems (Germany, France, Spain, Belgium) force majeure is broadly recognised in national laws.
🟦 Instruments like the UNIDROIT Principles, CISG, PECL support the same view.

The research findings counter some of the geopolitical and corporate arguments being made against RePowerEU:

🟦 The regulation banning Russian gas imports will likely override existing contracts without exposing EU companies to legal penalties.

These firms are undercutting the German public’s steadfast support for Ukraine. They should be forced to stop doing biz in and with Russia once and for all ❗

More in the @euronews.com: bit.ly/47nLzyT

Despite pledging to suspend new investments in the country, Pepsi last year opened a new Russian megafactory.

As an investor that prides itself on responsibility, Nordea should divest from PepsiCo, which has failed to address the human rights risks linked to its operations in Russia!

#PepsiKills