US and UK toughen 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.
Russia Says It Will Continue Oil and Gas Projects Despite US Sanctions
Russia's Foreign Ministry on Saturday denounced new U.S. sanctions against Moscow's energy sector as an attempt to harm Russia's economy at the risk of destabilising global markets and said the country would press on with large oil and gas projects.
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,
Fresh U.S. sanctions show 'crackdown' on Russia's oil exports
Fresh U.S. sanctions on Russia’s oil sector looked to threaten global supplies, lifting prices for both U.S. and global benchmark crude sharply on Friday. The [U.S. Department of Treas
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, just days before outgoing President Joe Biden leaves office.Ukrainian President Volodymyr Zelensky on Friday praised the United States for introducing the sanctions.
UK Sanctions Two Russian Oil Giants Including Gazprom Neft: Govt
The UK government on Friday announced sanctions against Russian oil giants Gazprom Neft and PJSC Surgutneftegas, saying their profits were "lining Putin's war chest and facilitating the war".
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