US Sanctions Block Flow Of Russian Diamonds To India

The sanctions placed by the US OFAC on Russian diamond producer Alrosa PJSC earlier this month have blocked the flow of Russian diamonds to India.

Do you have diamonds in your possession? It could be time to contact your local jeweler and get them re-evaluated. This is why:

The US Treasury's Office of Foreign Assets Control (OFAC) sanctioned Russian diamond producer Alrosa PJSC earlier this month, removing a third of the world's rough diamond supply.

According to Bloomberg, raw sto...

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