# OFAC announces new sanctions targeting Belarus’ construction, coal, oil, tobacco, potash and transportation sector

> The US Treasury's OFAC announced new sanctions targeting Belarus's construction, coal, oil, tobacco, potash and transportation sectors. The measures add to earlier sanctions on Belarusian state enterprises.

- Date: 2021-08-12 · published 2021-08-12T12:00:00.000Z
- Category: geopolitics · region Belarus · magnitude medium
- Page: https://feedsoft.ai/events/45497-ofac-announces-new-sanctions-targeting-belarus-construction-coal-oil-tobacco
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Sanctions on Belarusian potash producers reduce available supply from a major exporter, supporting potash prices and adding pressure on an already tight market.

## Read by commodity

- POTASH: bullish ▲

## Sources

- eversheds-sutherland.com: https://www.eversheds-sutherland.com/en/united-states/insights/ofac-announces-new-sanctions-targeting-belarus-construction-coal-oil-tobacco-potash-and-transportati

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.