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India is staring at an oil shock

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 oil industry.

Reuters · 18h

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.

Bloomberg L.P. · 1d

India Rushes to Pay for Russian Oil Ahead of Sanctions Cutoff

India’s state refiners are rushing to speed up payments for Russian crude, hoping to complete their trades before a dramatic expansion of Washington’s curbs on Moscow’s oil industry effectively comes into force next month,

Russia, sanctions and Trump

Reuters · 1d

US issues fresh round of sanctions against Russia ahead of Trump return to White House

The United States on Wednesday imposed hundreds of sanctions targeting Russia in an action that seeks to increase pressure on Moscow in the final days of the Biden administration and protects some of the sanctions it has already imposed ahead of Donald Trump's second presidential term.

Santa Rosa Press Democrat · 3d

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 its war in Ukraine.

RBC Ukraine on MSN · 1d

US imposes new sanctions on Russia

The US Treasury Department announced new sanctions against Russia. The list includes, among others, the Zaporizhzhia Nuclear Power Plant and the Federal Service for Military-Technical Cooperation of the Russian Federation,

1don MSN

US steps up Russia sanctions, placing threat of more sanctions on businesses partnering with Russia

The U.S. Treasury Department is expanding the web of sanctions on companies and institutions supporting Russia’s war efforts ...

6hon MSN

No convictions for breaching sanctions on Russia

A law was introduced four years ago to allow the UK to convict those breaching the sanctions. However, in a letter to MPs, ...

14h

Trump's Treasury Pick Bessent Calls for Stronger Sanctions on Russia Over Ukraine War

Scott Bessent, U.S. President-elect Donald Trump's nominee to be secretary of treasury, speaks as he testifies during a ...

12h

Trump Treasury Nominee Scott Bessent: More Sanctions Could Bring Russia "To The Table" On Ukraine

Scott Bessent, Donald Trump's nominee for Treasury Secretary, said during a confirmation hearing Thursday that he is ...

14hon MSN

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 ...

9hon MSN

Scott Bessent ‘100% on board’ with tougher Russia sanctions

The treasury secretary nominee said he has no qualms about tightening sanctions against Russia and Russian energy products if Trump is in favor of doing so.

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 ...

The National Law Review14h

Biden Administration Issues Sweeping Salvo of Sanctions Against the Russian Energy Sector

On January 10, 2025, in a final action to, among other things, deter Russian aggression on the international stage, the US ...

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India is staring at an oil shock

Russia, sanctions and Trump

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