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00:00Gracias, Karen.
00:00On the Russian sanctions again,
00:02how much pressure do you think
00:04this sanctioning these two Russian companies
00:06actually puts on President Putin?
00:08Because the last administration
00:09sanctioned two other oil companies.
00:11How much again of my pressure is this really?
00:13A lot.
00:14If you read the sanctions and look at them,
00:15they're pretty hefty.
00:17And I saw some international news
00:19out of China this morning
00:20that they're scaling back oil purchases from Russia.
00:23We know India has done the same
00:24at the request of the President.
00:26The President has also pushed European countries,
00:28our allies, to please stop their purchases
00:31of Russian oil as well.
00:32So it's full court press for sure.
00:35And we expect that these sanctions
00:36are going to do harm,
00:37as the Secretary of Treasury said yesterday.
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