Corporate ‘Self-Sanctioning’ of Russia Has US Fearing Economic Blowback - Bloomberg
▻https://www.bloomberg.com/news/articles/2022-06-14/corporate-self-sanctioning-of-russia-has-us-fearing-economic-blowback
So while Ukrainian President Volodymyr Zelenskiy has urged US businesses to cease operations in Russia, telling a joint session of Congress that the Russian market was “flooded with our blood,’’ the Biden administration has been encouraging some commerce, including for agriculture, medicine and telecommunications. For instance, the US government is quietly encouraging agricultural and shipping companies to buy and carry more Russian fertilizer, according to people familiar with the efforts, as sanctions fears have led to a sharp drop in supplies, pressuring food costs.