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Oil retreats slightly
U.S. sanctions on Russia hit oil freight rates
On Jan. 10, the U.S. Treasury announced fresh measures to deplete Russia's energy revenues, including on 183 vessels, largely oil tankers.
Indian Oil Corp buys 7 million barrels of crude amid US sanctions on Russia
Indian Oil Corp has purchased 7 million barrels of Middle Eastern and African crude oil, including Abu Dhabi's Murban, amid U.S. sanctions on Russian oil.
Oil retreats slightly after boost from US crude draw, Russia sanctions
Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on U.S. President Joe Biden's latest sanctions targeting Russia and a larger than forecast fall in U.S. crude stocks.
Russia, sanctions
No convictions for breaching sanctions on Russia
Financial sanctions on Russia were introduced following the annexation of Crimea in 2014 and the wider invasion of Ukraine in 2022. They include bans on exporting weapons technology, facilitating the illegal trade of Russian oil and generally assisting President Vladimir Putin's government.
Bessent open to increasing sanctions on Russia
Treasury secretary nominee Scott Bessent told senators Thursday he would be “100 percent on board” with increasing sanctions on Russia’s major oil companies if President-elect Trump supports that
U.S. issues sanctions to combat Russian sanctions-evasion scheme
The Treasury Department on Wednesday announced sanctions connected with Russian secret payment channels created to skirt U.S. restrictions and a Kyrgyzstan financial institution that supports the Krem
17h
on MSN
China response key to crude oil after new sanctions on Russia: Russell
By Clyde Russell LAUNCESTON, Australia (Reuters) -"This time it's different" is a well-worn cliché that seems to be getting ...
6d
on MSN
Biden administration sanctions Russia’s oil giants and tanker fleet
The White House, now unconcerned about the effect on gas prices and inflation, blacklisted two of Russia’s biggest oil ...
2d
Oil Freight Traders Pile In as Russia Sanctions Push Rates Up
Oil-freight derivatives trading surged to the highest in at least a decade as the Biden administration’s sanctions on Russia ...
3h
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 ...
Transport Topics
18h
Trump Team Readies Oil Sanctions Plan for Russia Deal
Advisers to President-elect Donald Trump are crafting a wide-ranging sanctions strategy to facilitate a Russia-Ukraine ...
10h
on MSN
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 ...
Crude Oil Prices
2d
Oil Prices Remain Elevated After Russia Sanctions Sparked Supply Concerns
The size and scope of new U.S. sanctions on Russia sent oil prices spiking on Monday, and both Brent and WTI have retained ...
2d
Oil Could Hit $90, Goldman Sachs Says: 'Trump May Not Ease Sanctions' On Russia
Goldman Sachs is warning of potential upside risks to oil prices following U.S. sanctions on Russia's energy sector, with ...
1h
Trump Weighs Options to Squeeze Russia on Ukraine
Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union.
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