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5 - US Economic and Financial Sanctions against the Russian Federation

Published online by Cambridge University Press:  22 March 2025

Caf Dowlah
Affiliation:
University of Miami Law School
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Summary

This chapter explores the intricate landscape of US economic and financial sanctions directed at Russia, a former geo-political rival, particularly due to post–Cold War European reconfiguration conflicts. Tracing the evolution of US sanctions against Russia, it highlights phases triggered by events like the annexation of Crimea in 2014 and the invasion of Ukraine in 2022. The chapter delves into legislative and executive actions driving these sanctions and Russia’s countersanctions. It illuminates dynamics involving the energy dependence of western Europe on Russia and Russia’s strategies in energy sectors. Legal interpretations cover the UN Charter, ARSIWA, and countermeasure laws. Perspectives from Russia and Ukraine offer varied insights on the unilateral sanctions regimes of the US and the EU.

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Publisher: Cambridge University Press
Print publication year: 2025

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