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, as well as hundreds of oil tankers.
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.
Crude prices jump as U.S. imposes sweeping sanctions against Russia oil industry
The U.S. Treasury Department is sanctioning Russian oil companies, tankers, officials and executives. Oil prices jumped on worries that crude supplies would face disruptions. Oil prices jumped on Friday as the U.
US imposes sanctions on Russia's oil industry to weaken war effort
The United States on Friday imposed sweeping sanctions on Russia's energy sector to try to limit funding for Moscow's war in Ukraine. The sanctions target two of Russia's largest oil companies, Gazprom Neft and Surgutneftegas,
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.
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.
Zelenskyy welcomes US sanctions against Russian oil industry
Ukrainian President Volodymyr Zelenskyy has welcomed the upcoming package of US sanctions targeting Russia's oil refining industry, highlighting the impact on Surgutneftegas, referred to as the "wallet" of Kremlin leader Vladimir Putin.
US slaps Russian oil industry with toughest sanctions yet, UK joins bid
The US Treasury announced on Friday that some of the measures will be turned into a law which would effectively mean that if the incoming Trump administration decides to overturn them, they would have
Russian Oil Firm Shrugs off Sanctions, Insurer Says Dodgy Operators Will Profit
Russian oil producer Gazpromneft shrugged off the impact of major new U.S. sanctions on Friday, while insurance company Ingosstrakh said they would create a market vacuum that would benefit less reputable competitors.
US hits Russian oil with toughest sanctions yet in bid to give Ukraine, Trump leverage
By Timothy Gardner, Daphne Psaledakis, Nidhi Verma and Dmitry Zhdannikov WASHINGTON/NEW DELHI/LONDON (Reuters) -U.S. President Joe Biden's administration imposed its broadest package of sanctions so far targeting Russia's oil and gas revenues on Friday,
Sweeping new U.S. sanctions target Russia's oil production and exports
The U.S. Departments of Treasury and State Friday applied new sanctions on Russia's oil production and exports. Sanctioned were oil companies, 183 ships, dozens of oil traders, insurance companies and energy officials.
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 ...
US, UK Unveil Widespread Sanctions Against Russia's Energy Sector
The United States and Britain on Friday announced sanctions against Russia's energy sector, including oil giant Gazprom Neft, ...
Germany races to secure stricken 'Russian shadow fleet' oil tanker
Germany was racing Saturday to secure a heavily loaded tanker stranded off its northern coast, towing the stricken ship it ...
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Oil tanker in Russia’s ‘shadow fleet’ adrift off German coast
Foreign Minister Annalena Baerbock criticised Russia’s use of “dilapidated oil tankers” and labelled it a threat to European ...