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Russia, sanctions
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.
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.
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.
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.
Stricter US sanctions threaten Russia's oil trade with India and China: Report
The new sanctions are likely to severely affect Russia's oil exports, as many tankers previously used for shipments to India and China will now face restrictions.
India to Rely on Middle Eastern Oil Amid Tougher US Sanctions on Russia
India's oil import strategy is set for a major overhaul as the latest US sanctions on Russian producers and vessels threaten to disrupt supply lines. With nearly 36% of India's total oil imports coming from Russia last year,
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 ...
2d
on MSN
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 ...
2d
on MSN
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 ...
14h
on MSN
Tougher U.S. sanctions to curb Russian oil supply to China and India
By Nidhi Verma, Chen Aizhu, Siyi Liu and Florence Tan NEW DELHI/SINGAPORE (Reuters) - Chinese and Indian refiners will source ...
2d
on MSN
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 ...
1d
on MSN
Biden Administration Fires Parting-Shot Sanctions at Russia’s Energy Sector
Washington now has freer hand in restricting Russian oil amid predictions of a global glut.
2d
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 ...
16h
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 ...
1d
on MSN
Ukraine says it has hit one of Russia’s largest oil refineries in a drone strike
Ukraine claimed Saturday to have struck one of Russia’s largest oil refineries in a drone attack, starting a fire at the ...
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