Latest US Sanctions on Russian Oil Are a Big Deal

Ratcheting up sanctions on Russian oil may be the key to Trump's plan to end the war in Ukraine
"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.
U.S. Sanctions Could Hit 1.5 Million Bpd of Russian Oil Exports
Many of the vessels transporting Russia’s oil from the Arctic and Far East Pacific fields and production clusters to Asia have now been sanctioned.
Oil Tankers U-Turn and Buyers Go Elsewhere as Russia Sanctions Bite
On Jan. 10 the US Treasury’s Office of Foreign Assets Control sanctioned 161 tankers and traders involved in about 2,000 shipments since the invasion began. It also acted against Moscow-based ship insurers and two companies — Surgutneftgas and Gazpromneft — which in the first 10 months of last year accounted for almost 30% of Russia’s oil exports.
Oil Set for Weekly Gains on Russia Sanctions Fears
Oil prices were on track for weekly gains of more than 2%, boosted by supply disruption concerns following the latest round of U.S. sanctions against Russia. Brent crude was up 0.3% at $81.59 a barrel,
Oil headed for weekly gain amid new energy sanctions on Russia
Oil prices edged higher on Friday and were headed for a weekly gain on supply concerns, as the US imposes new sanctions on Russia’s energy industry amid the war with Ukraine. Brent, the benchmark for two thirds of the world’s oil,
Joe Biden Trump-Proofs Russia Sanctions in Parting Shot
In his final week in the White House, the president has made it much more difficult for his successor to undo Russian ...
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, ...
SLB says its Russia business aligns with new US sanctions as revenue drops
Oilfield service provider SLB on Friday said its current business in Russia still aligns with U.S. sanctions issued this ...
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, looks on as he sits near his son Cole ...
Treasury nominee calls for stronger Russia sanctions and Fed independence at confirmation panel
U.S. Treasury nominee Scott Bessent plans to say at his confirmation hearing that President-elect Donald Trump has an ...
Global diesel prices spike as US hits Russia with new sanctions
Global diesel prices and refining margins spiked following the latest round of U.S. sanctions on Russia's oil trade on ...
Kyiv Independent on MSN2d
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 ...
Trump treasury pick Scott Bessent calls for stronger Russia sanctions, Fed independence at confirmation panel
Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax ...
US issues fresh round of sanctions against Russia ahead of Trump return to White House
The United States on Wednesday imposed hundreds of sanctions targeting Russia, seeking to increase pressure on Moscow in the ...