Russia, sanctions and Oil

India is staring at an 'oil shock' as U.S. sanctions on Russian crude loom
India is now staring at the possibility of an oil shock after the U.S. decided to implement sweeping sanctions on Russia's oil industry.
Oil retreats slightly after boost from US crude draw, Russia sanctions
Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on U.S. President Joe Biden's latest sanctions targeting Russia and a larger than forecast fall in U.S. crude stocks.
US imposes more sanctions on Russia
The outgoing US government has announced additional sanctions on Russia shortly before the end of President Joe Biden's term. The measures are directed against around 250 individuals and entities associated with the Russian defence industry,
Russian oil transport costs triple under new US sanctions
The cost of transporting Russian oil through the "shadow fleet" has tripled following the implementation of the latest American sanctions package, Bloomberg reported on Thursday, noting that experts anticipate further price increases.
US sanctions hit Russian oil fleet, $3.5B cargo stranded at sea
The sanctions imposed by the United States on January 10 against the Russian oil sector have halted about one-tenth of Russia's shadow fleet. The value of the oil it transports could exceed $3.5 billion.
US sanctions stall Russian oil fleet, $3.5B in limbo
Sanctions imposed by the United States on January 10 against the Russian oil sector have halted about one-tenth of Russia's shadow fleet, which transports oil worth up to $3.5 billion. The new sanctions may significantly disrupt Russian oil supplies,
No convictions for breaching sanctions on Russia
A law was introduced four years ago to allow the UK to convict those breaching the sanctions. However, in a letter to MPs, ...
Trump's Treasury Pick Bessent Calls for Stronger Sanctions on Russia Over Ukraine War
Scott Bessent, U.S. President-elect Donald Trump's nominee to be secretary of treasury, speaks as he testifies during a ...
Trump Treasury Nominee Scott Bessent: More Sanctions Could Bring Russia "To The Table" On Ukraine
Scott Bessent, Donald Trump's nominee for Treasury Secretary, said during a confirmation hearing Thursday that he is ...
US steps up Russia sanctions, placing threat of more sanctions on businesses partnering with Russia
The U.S. Treasury Department is expanding the web of sanctions on companies and institutions supporting Russia’s war efforts ...
US Issues Fresh Round of Sanctions Against Russia Ahead of Trump Return to White House
The Treasury in a statement said Washington was imposing fresh sanctions on almost 100 critical Russian entities - including ...
Kyiv Independent on MSN12h
How Trump could use sanctions in negotiations with Russia
In the run-up to his departure from the White House, President Joe Biden has slapped a number of major new sanctions on ...
Bessent open to increasing sanctions on Russia
Treasury secretary nominee Scott Bessent told senators Thursday he would be “100 percent on board” with increasing sanctions ...
Trump Weighs Options to Squeeze Russia on Ukraine
Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union.
IEA says new US sanctions could significantly disrupt Russian supply
The latest round of U.S. sanctions against Russian oil announced last Friday could significantly disrupt the country's oil ...