💨 Abstract

The Biden administration has imposed sanctions on Russia's State Atomic Energy Corporation Rosatom, labeling them as unlawful and unfair competition from unfriendly countries. Rosatom, a global leader in nuclear energy exports, has stated that it will continue to meet all commitments to partners and has adapted successfully under sanctions pressure. The sanctions also include restrictions on two Indian companies and major Russian oil producers, and could cost the Russian economy billions of dollars per month.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖