Oil rises as traders assess sanctions impact
Oil prices rose on Wednesday as the market focused on potential supply disruptions from U.S. sanctions on Russian energy companies and tankers carrying Russian oil. Brent crude futures were up 65 cents,
Oil Jumps on Fresh U.S. Sanctions Against Russia
A fresh wave of U.S. sanctions against Russia’s oil industry threatened to disrupt global supplies, sending crude prices to their highest in more than four months.
Oil prices climb 2% to 4-month high with sanctions expected to disrupt Russian supplies
Oil prices climbed about 2% to a four-month high on Monday on expectations that wider U.S. sanctions on Russian oil would force buyers in India and China to seek other suppliers.
Oil gains capped by uncertainty over sanctions impact
Oil prices crept higher on Wednesday as the market focused on potential supply disruptions from sanctions on Russian tankers, though gains were tempered by a lack of clarity on their impact. Brent crude futures rose 16 cents,
US Sanctions May Impact Russian, Iranian Oil Supplies: IEA
A colder winter has pushed global oil demand higher while new US sanctions on Russia and Iran could tighten supplies from those countries, the International Energy Agency said Wednesday.
What The Latest Russia Sanctions Mean For Oil Markets
The outgoing Biden administration fired a parting salvo of enhanced sanctions at Russia last Friday, January 10. In so doing, it surprised the oil market and shifted the prevailing bearish market zeitgeist.
IEA says new US sanctions could significantly disrupt Russian supply
The latest round of U.S. sanctions against Russian oil could significantly disrupt the country's oil supply chains, the International Energy Agency said in a monthly report on Wednesday, potentially tightening the global market.
US sanctions against Russian oil halt billions at sea
Sanctions imposed by the United States on 10th January against the Russian oil sector have halted about one-tenth of Russia's shadow fleet. The value of the oil it transports could exceed £2.9 billion.
IEA expects new US sanctions on Russia to strain global oil supply
New and more expansive US sanctions against Russia are likely to significantly disrupt oil supplies, the International Energy Agency said on Wednesday. The IEA said in its monthly Oil Market Report: Washington targeted two major oil producers (Gazprom Neft and Surgutneftegaz),
US steps up Russia sanctions, placing threat of more sanctions on businesses partnering with Russia
The U.S. Treasury Department says it’s expanding the web of sanctions on companies and institutions supporting Russia’s war ...
Biden Administration Hardens Russia Sanctions Before Departing
The Biden administration took action Wednesday to make it harder for President-elect Donald Trump to lift some sanctions on ...
U.S. issues fresh round of sanctions against Russia
The United States on Wednesday took fresh action targeting Russia over its invasion of Ukraine, taking aim at efforts to ...
UN human rights chief calls for lifting Western sanctions on Syria as country rebuilds after Assad
The United Nations human rights chief has called for the lifting of Western sanctions imposed on Syria over its yearslong ...
Oil Edges Higher Amid Uncertainty About Effect of U.S. Sanctions
Oil prices were edging up as traders await more clarity on the effect of U.S. sanctions on Russia. Brent crude was up 0.4% at ...
US issues new Russia-related sanctions, Treasury website shows
The United States issued new Russia-related sanctions on Wednesday targeting multiple individuals, a China-based entity and a ...
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 ...
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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 ...
Russia faces higher costs on sea-borne oil exports due to new US sanctions
Sweeping U.S. sanctions on Russia's oil industry will make it more expensive for Moscow to sell its oil and complicate ...
Tanker rates extend rise on sanctions, strong demand to load Mideast oil
Oil shipping rates continued their rally Wednesday on expectations of a tightening in global tanker supply from the latest ...