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Oil at 4-Month High Amid New Sanctions on Russia
Oil jumps as new US sanctions to curb Russian supply to China, India
Oil prices extended gains for a third session on Monday, with Brent rising above $81 a barrel to its highest in more than four months, as wider U.S. sanctions are expected to affect Russian crude exports to top buyers China and India.
Biden administration sanctions Russia’s oil giants and tanker fleet
The White House, now unconcerned about the effect on gas prices and inflation, blacklisted two of Russia’s biggest oil producers and nearly 200 tanker ships.
Russia says it will continue oil and gas projects despite US sanctions
Russia's Foreign Ministry has denounced U.S. sanctions against Moscow's energy sector and said the country would carry on with large oil and gas projects.
Oil jumps on expectations new US sanctions to cut Russian supply
Oil prices extended gains for a third session on Monday, with Brent rising above $81 a barrel to its highest in more than four months, as wider U.S. sanctions are expected to affect Russian crude exports to top buyers China and India.
US and UK toughen sanctions on Russian oil industry
The Biden administration has imposed some of its toughest sanctions yet on Russia, in a move designed to hit Moscow's energy revenue that is fuelling its war in Ukraine. The measures target more than 200 entities and individuals ranging from traders and officials to insurance companies, as well as hundreds of oil tankers.
Shadow Fleet of Tankers Keeps Russia's Oil Money Flowing Despite Western Sanctions
The Group of Seven democracies have sought to crimp Russia’s oil export earnings that help fund the war against Ukraine
Oil at Four-Month High Amid New Sanctions on Russia
Talk us through the impact that these sanctions have had on the global oil markets, the details why they are proving significant. Well, this is the first time that the Biden administration, as their last sort of act,
Oil hits more than 3-month high as US sanctions hit Russia exports
Oil prices hit their highest level in more than three months on Monday's open, extending their rally on expectations that wider U.S. sanctions will affect Russian crude supplies to the world's top and third largest importers China and India.
US sanctions on Russian oil to hit China and India hard
China and India became the largest buyers of Russian crude after the European Union pulled back following the 2022 invasion of Ukraine.
Sanctioned Tankers Carrying Russia Oil Now Idling Off China
Three tankers carrying more than 2 million barrels of Russian oil are floating in waters off eastern China after they were sanctioned by the US on Friday, according to ship-tracking data.
New U.S. Sanctions on Russian Oil Disrupt Global Market Dynamics
China and India are set to increase oil imports from the Middle East, Africa, and the Americas following new U.S. sanctions targeting Russian oil producers and shipping. These sanctions, imposed on companies like
Russia, sanctions
Reactions to new U.S. sanctions against Russian energy interests
The U.S. Treasury on Friday announced sweeping new sanctions against the Russian energy sector, including oil majors Gazprom Neft and Surgutneftegaz , to try to hinder Moscow in its war with Ukraine.
Biden levies new sanctions against Russian energy sector, but it’s up to Trump whether to keep them
President Joe Biden's administration says it's expanding sanctions against Russia's critically important energy sector over its war in Ukraine.
US and UK will target Russia’s energy sector with new sanctions as Biden prepares to leave office
Biden administration officials say the sanctions are being imposed now because they are not likely to add to inflation
2d
on MSN
Biden admin imposes harsh sanctions on Russian oil industry to cut off funding for Ukraine war effort
The Biden administration on Friday targeted Russia’s energy sector, including its oil industry, with some of its harshest ...
3d
on MSN
Russia is feeling the full impact of sanctions and the strain could force an end to the war this year, think tank says
After three years of war, strict sanctions, and dwindling oil prices, the odds are stacked against the Kremlin in 2025, a ...
20h
Hungary plans talks with allies to combat higher oil prices after new US sanctions on Russia
Hungary plans to hold talks with regional allies to counter the impact of higher oil prices resulting from a new round of US ...
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