Why Latest US Sanctions on Russian Oil Are a Big Deal
In the final days of Joe Biden’s presidency, the US unveiled its most sweeping and aggressive effort yet to disrupt the oil shipments that are helping Russia to fund its war in Ukraine.
Occidental Petroleum: New Sanctions To Boost Oil Markets In 2025
Occidental Petroleum is poised for long-term growth and potential outperformance in 2025 due to stricter oil sanctions. Read more on OXY stock here.
Oil Prices Climb Above $80 Per Barrel Amid Biden's Latest Sanctions
Prices surged after the administration imposed what officials called "most significant sanctions yet on Russia's energy sector."
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.
Russian sanctions drive oil prices higher
Defying expectations, oil prices began 2025 on a strong note, propelled by tighter US sanctions on Russian oil, Opec+ production cuts, and heightened heati..
Oil gains for fourth-straight week on US sanctions
Oil prices closed lower on Friday but strengthened for a fourth-consecutive week, as the latest U.S. sanctions on Russian energy trade added to worries about oil supply disruptions. Brent crude futures dipped 50 cents,
Oil prices score a 4th straight weekly gain on supply fears
Oil futures settled lower on Friday, but scored a fourth straight week of gains after wider sanctions against Russia’s energy industry tightened supply.
Oil prices rise for fourth week amid supply concerns and policy uncertainty
Supply concerns and uncertainty over energy policies from the incoming president boosted oil prices this week for a fourth consecutive week. West Texas Intermediate rose only two trading days on the New York Mercantile Exchange but briefly touched the $80 barrier Wednesday.
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 ...
Tanker under US sanctions discharges oil at Chinese port, LSEG data shows
A tanker subject to the new U.S. sanctions is discharging Russian oil at a port operated by Shandong Port Group in east China ...
India's fraying Gulf oil ties get a fillip on US' sanctions on Russia
State-run refiners plan to renew or enhance optional volumes under existing contracts, struck on a fiscal basis, despite ...
Is it in Trump’s interest to implement latest oil sanctions against Russia?
The recently imposed US sanctions on Russian oil supply hold little if any advantage for President-elect Donald Trump.
Oil rallies, settles at multi-month high on US crude draw, Russia sanctions
Oil prices rose on Wednesday trimming losses from the previous day, as the focus turned back to potential supply disruptions ...
Crude Oil Prices2d
Oil Sanctions: Trump's Leverage in Ukraine-Russia Conflict?
The Trump administration is crafting a sanctions strategy aimed at achieving a Russia-Ukraine peace deal while maintaining ...
US sanctions on Venezuela: Debate continues over oil export permits
Venezuela's oil production is rebounding as tanker ships return to its coast, yet Maduro's recent election is criticized for ...
Mideast oil prices jump on robust China, India demand post-sanctions
Spot premiums for Middle East crude rose to their highest in more than two years as strong demand from top importers China ...