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Kremlin Says Sanctions Have Limited Effect on Russia

(MENAFN) The Kremlin stated on Thursday that Russia has become adept at reducing the effects of international sanctions imposed against it.

Responding to comments made by US Treasury Secretary Scott Bessent, who announced on Wednesday that Washington would not extend its waiver on Russian oil, Kremlin spokesperson Dmitry Peskov described the development as both “predictable” and “possible.”

“We have been living under the weight of sanctions for months and years … and we have already learned to act in a way that minimizes the consequences of such measures for our interests,” Peskov said.

Last month, the United States had temporarily allowed the purchase of Russian oil already stranded at sea as part of efforts to stabilize global energy markets.

At the time, Bessent characterized the exemption as a “narrowly tailored, short-term measure” applying only to crude oil already in transit. The waiver permitting such purchases began on March 12 and expired on April 11.

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