Oil at 4-Month High Amid New Sanctions on Russia

Oil jumps as new US sanctions to curb Russian supply to China, India
Oil prices extended gains for a third session on Monday, with Brent rising above $81 a barrel to its highest in more than four months, as wider U.S. sanctions are expected to affect Russian crude exports to top buyers China and India.
New U.S. Sanctions on Russian Oil Disrupt Global Market Dynamics
China and India are set to increase oil imports from the Middle East, Africa, and the Americas following new U.S. sanctions targeting Russian oil producers and shipping. These sanctions, imposed on companies like
Oil at Four-Month High Amid New Sanctions on Russia
Talk us through the impact that these sanctions have had on the global oil markets, the details why they are proving significant. Well, this is the first time that the Biden administration, as their last sort of act,
Oil jumps on expectations new US sanctions to cut Russian supply
Oil prices extended gains for a third session on Monday, with Brent rising above $81 a barrel to its highest in more than four months, as wider U.S. sanctions are expected to affect Russian crude exports to top buyers China and India.
US sanctions on Russian oil to hit China and India hard
China and India became the largest buyers of Russian crude after the European Union pulled back following the 2022 invasion of Ukraine.
Sanctioned Tankers Carrying Russia Oil Now Idling Off China
Three tankers carrying more than 2 million barrels of Russian oil are floating in waters off eastern China after they were sanctioned by the US on Friday, according to ship-tracking data.
Oil hits more than 3-month high as US sanctions hit Russia exports
Oil prices hit their highest level in more than three months on Monday's open, extending their rally on expectations that wider U.S. sanctions will affect Russian crude supplies to the world's top and third largest importers China and India.
Reactions to new U.S. sanctions against Russian energy interests
The U.S. Treasury on Friday announced sweeping new sanctions against the Russian energy sector, including oil majors Gazprom ...
Oil Sanctions Send a Jolt Through Market as Bear Case Challenged
For months, the consensus in the global oil market was that 2025 would be a year marked by a bulky surplus and flat-to-soft ...
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 ...
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Lame Duck Biden Imposes New Russian Sanctions Now That Energy Prices, Ukraine War Escalation Won’t Hurt Dems
The Biden administration announced major sanctions against the Russian energy sector on Friday, escalating tensions with ...
Germany's top diplomat calls for 'smart approach' to sanctions at start of Riyadh meeting on Syria
Germany’s foreign minister says sanctions against Syrian officials responsible for war crimes must remain in place but called ...
Hungary plans talks with allies to combat higher oil prices after new US sanctions on Russia
Hungary plans to hold talks with regional allies to counter the impact of higher oil prices resulting from a new round of US ...
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 ...
Biden levies new sanctions against Russian energy sector, but it’s up to Trump whether to keep them
President Joe Biden's administration says it's expanding sanctions against Russia's critically important energy sector over ...
EU eyeing easing of Syrian sanctions
The sanctions currently in place are primarily against the former government of Bashar al-Assad and his allies.
Saudi Arabia presses EU diplomats to lift sanctions on Syria after Assad’s fall
But Germany's foreign minister said sanctions against “Assad’s henchmen who committed serious crimes” must remain in place.