Foreign Affairs

from countries enforcing the sanctions.

In the past week Joe also discussed enforcing sanctions on the black fleet ships transporting oil. If the fleet is disrupted or if the price of oil falls below the $60 per barrel cap, then it's possible that the reserve fund could be depleted by the end of next year. However, with the price of oil hovering around $75 a barrel it will require decades before the assets in the reserve fund are depleted.