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The New Cold War: Risk, Sanctions, Compliance

Mar 16, 2022

On this week’s episode of “The New Cold War: Risk, Sanctions, Compliance,” Stroock Partner Tom Firestone talks to Ed Verona, an expert on Russian energy who previously served as President of the U.S.-Russia Business Council, Executive Director of the Moscow-based Petroleum Advisory, and Country Manager in Russia and Kazakhstan for a major U.S. oil company.

Ed and Tom discuss:

  • the latest round of U.S. sanctions on Russian energy imports;
  • what the sanctions mean for the Russian economy and global energy markets;
  • whether Russia will rely further on China as a source of demand;
  • whether the U.S. and Europe may lift sanctions on Venezuela and Iran to compensate for decreased supply; and
  • what additional sanctions may be coming.