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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

The U.S. recently announced sanctions on Russian oil producers, along with vessels that have been shipping barrels of Russian crude. India will be hit the hardest by the sanctions, more so than China which has also been snapping up Moscow's cheap oil,

Reuters · 17h

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. · 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 continued to propel supertanker rates higher.

US Issues Fresh Round of Sanctions Against Russia

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.

UPI News on MSN · 1d

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

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 ...

13h

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 ...

1hon MSN

Global diesel prices spike as US hits Russia with new sanctions

By Ahmad Ghaddar, Shariq Khan, Trixie Yap and Enes Tunagur LONDON (Reuters) - Global diesel prices and refining margins ...

11h

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 ...

7hon MSN

Treasury nominee calls for stronger Russia sanctions and Fed independence at confirmation panel

Scott Bessent to say at his confirmation hearing that Donald Trump has opportunity to unleash “new economic golden age.” ...

37m

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.

13hon 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 ...

The National Law Review13h

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 ...

5hon 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, ...

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India is staring at an oil shock

US Issues Fresh Round of Sanctions Against Russia

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