With the aim of shutting down further sources of revenue to finance Russia’s war of aggression on Ukraine, the United States and the UK have further restricted trade in aluminium, copper and nickel produced in Russia after 13 April 2024. As a result, Russia will no longer be trading on the world’s major trading venues for metals (New York Mercantile Exchange, COMEX and London Metal Exchange, LME). The EU has been discussing similar steps since then.