US Imposes Farewell Sanctions on Russian Oil
Oil had a dramatic day as the US imposed its most aggressive sanctions on Russia’s industry and prices surpassed $80 a barrel. Brent futures at one point hit their highest mark since early October. The sweeping penalties are part of an effort by the outgoing Biden administration to boost Ukraine’s leverage in possible peace negotiations after Donald Trump takes office.
US imposes new wide-ranging sanctions on Russian oil
The United States of America has announced new sanctions that will hit Russia's oil refining industry. Source: European Pravda with reference to a US Treasury Department press release Details: Sanctions have been announced against Gazprom Neft and Surgutneftegas.
The outgoing Biden administration imposed restrictions on two major Russian oil producers and more than 180 oil-carrying ...
2hon MSN
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