Biden's Farewell Russian Oil Trade Sanctions Are a Big Deal

Why Biden’s Farewell Russian Oil Trade Sanctions Are a Big Deal
The US on Friday announced the most sweeping and aggressive sanctions yet on Russia’s oil trade, just ten days before Joe Biden leaves the White House to be replaced by Donald Trump as president.
US hits Russian oil with toughest sanctions yet in bid to give Ukraine, Trump leverage
U.S. President Joe Biden's administration imposed its broadest package of sanctions so far targeting Russia's oil and gas revenues on Friday, in an effort to give Kyiv and Donald Trump's incoming team leverage to reach a deal for peace in Ukraine.
China and India Stand To Lose From U.S. Sanctions on Russian Oil Trade
The United States is set to impose some of the harshest sanctions yet on Russia's oil industry, Reuters has reported. According to a purported U.S. Treasury document circulating among traders in Europe and Asia,
Biden Administration Hits Indian Firms for Violating Russian Trade Sanctions
The Biden administration has imposed sweeping sanctions on more than 200 entities and individuals connected to Russia’s energy sector. This move is aimed at choking off revenue streams that fund Russia’s ongoing conflict in Ukraine.
US to impose sanctions on Russian oil fleet and traders, document shows
The United States will impose some of the harshest sanctions yet on Russia's oil industry, according to a purported U.S. Treasury document circulating among traders in Europe and Asia that drove global oil prices 3% higher on Friday.
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.
Biden admin. imposes new sanctions on Russia in final days of presidency
The Biden administration has imposed new sanctions on Russia’s energy sector that it expects will cost the Kremlin billions of dollars per month as it continues to wage war against Ukraine. Michael McFaul,
US and UK toughens 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,
Biden levies new sanctions against Russian energy sector, but it's up to Trump whether to keep them
President Joe Biden's administration announced Friday that it's expanding sanctions against Russia's critically important energy sector, unveiling a new effort to inflict pain on Moscow for its grinding war in Ukraine as President-elect Donald Trump gets set to return to office vowing to quickly end the conflict.
U.S. Imposes New Sanctions to Squeeze Russia’s Energy Sector
The Biden administration is cracking down on the Russian “shadow fleet” and taking steps to curb oil and gas production.
People smugglers to have finances targeted with sanctions
New sanctions targeting the finances of people smuggling networks will make it harder for gangs to profit from the deadly ...
Europe Rethinks Russia Strategy Over Fears Trump Will Cut Sanctions: Report
Brussels is reportedly assessing the potential impact of President-elect Donald Trump reversing Biden-era sanctions on Russia.
Zelenskiy: Sanctions on Russian oil significantly affect Moscow's war financing
Ukrainian President Volodymyr Zelenskiy on Friday welcomed new U.S. sanctions against Russia's oil sector and its so-called ...
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 ...
Britain threatens sanctions on Chinese companies whose engines are used for 'small boats' Channel crossings
Foreign Secretary David Lammy announced the crackdown as the Government steps up action to try to reduce the number of people ...
US hits Russian oil in toughest sanctions yet in bid to give Ukraine, Trump leverage
The U.S. Treasury slapped sanctions on Russian companies Gazprom Neft and Surgutneftegas that explore, produce and sell oil ...
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Fresh VLCC sanctions threaten to leave up to 12% of global fleet on blacklist, analyst warns
Nearly 19m dwt-worth of VLCCs are under US sanctions, with more likely on the way. ABG Sundal Collier analyst Petter Haugen ...