(Bloomberg) — US sanctions on Russia’s energy giants are sending shockwaves deep into the heart of China’s oil industry, where both state and private refiners face heightened pressure to keep up supplies while steering clear of penalties. As much as 20% of China’s crude imports — about 2 million barrels a day in the first nine months of this year …
Read More »U.S. sanctions Russia’s 2 biggest oil firms after Trump cancels Putin summit Axios Brent crude jumps about 5% after Trump administration sanctions big Russian oil companies CNBC Trump’s sanctions are no slap on the wrist – they’re a punch to the gut of Moscow’s war economy Sky News US Sanctions Rosneft and Lukoil in Push For Ukraine Talks Bloomberg.com Trump news at a glance: …
Read More »U.S. Imposes Substantial New Sanctions on Russian Oil Giants The Wall Street Journal Brent crude jumps about 5% after Trump administration sanctions big Russian oil companies CNBC White House to Ratchet Up Russia Sanctions, Bessent Says Bloomberg.com US sanctions Russia’s two largest oil companies and calls on Moscow to agree to immediate ceasefire CNN US imposes sanctions on Russian oil over Putin’s ‘refusal’ to …
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The US has sanctioned Rosneft and Lukoil, Russia’s two largest oil companies, as the Trump administration increased pressure on the Kremlin to negotiate an end to its war against Ukraine. The sanctions were the first against Russia since Donald Trump returned to the White House in January, and were targeted to cut key revenues from oil sales that finance the …
Read More »US hits top Russian oil companies Rosneft and Lukoil with sanctions Reuters U.S. Imposes Substantial New Sanctions on Russian Oil Giants The Wall Street Journal US announces sanctions on Russia’s largest oil companies BBC US sanctions Russia’s two largest oil companies and calls on Moscow to agree to immediate ceasefire CNN Trump hits Russian oil companies with sanctions: ‘It was time’ ABC News – Breaking …
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The US will announce a “substantial” new round of sanctions against Russia, Treasury Secretary Scott Bessent said, signaling President Donald Trump is preparing to ratchet up pressure on Moscow a day after backing off plans for a meeting with President Vladimir Putin in the near future. “We are going to either announce, after the close this afternoon or first thing …
Read More »Treasury secretary says Russia sanctions announcement imminent Politico Bessent Says U.S. Plans ‘Substantial’ New Sanctions on Russia The Wall Street Journal US sanctions Russia’s two largest oil companies and calls on Moscow to agree to immediate ceasefire CNN US imposes sanctions on Russian oil over Putin’s ‘refusal’ to end war in Ukraine The Guardian Trump hits Russian oil companies with sanctions: ‘It was time’ ABC …
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The Trump administration on Wednesday imposed sanctions on Russia’s two largest oil companies as it called on Moscow to agree to an immediate ceasefire in the war with Ukraine. President Donald Trump had for weeks signaled he could impose penalties against Russia for its continuation of the war but had failed to take major punitive measures until Wednesday. In remarks …
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The Trump administration on Wednesday imposed further sanctions on Russia’s two largest oil companies, citing “Russia’s lack of serious commitment to a peace process to end the war in Ukraine.” “Now is the time to stop the killing and for an immediate ceasefire,” Treasury Secretary Scott Bessent said as he announced the sanctions on Rosneft and Lukoil. Treasury is prepared …
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WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is imposing further sanctions as a result of Russia’s lack of serious commitment to a peace process to end the war in Ukraine. Today’s actions increase pressure on Russia’s energy sector and degrade the Kremlin’s ability to raise revenue for its war machine and support …
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