Oil Hits Five-Month High as US Sanctions on Russia Menace Supply
Oil settled near $79 a barrel — a five-month high — as a fresh wave of US sanctions against Russia’s energy industry threatened to crimp supplies from one of the world’s top producers.Most Read from BloombergThese Homes Withstood the LA Fires.
Russia's seaborne oil product exports fell by 9.1% to 113.7 million metric tons last year as the country's oil refineries ...
Ukraine has targeted Russia's fossil fuel infrastructure as part of its strategy to undermine a key funding source for Russia ...
Oil and gas revenue is expected to account for around 27% of Russia's federal revenue in 2025, according to a draft budget ...
The Group of Seven democracies have sought to crimp Russia’s oil export earnings that help fund the war against Ukraine.
The main target of the sanctions, done in coordination with the UK, are major Russian energy companies — Gazprom Neft and ...
The outgoing U.S. Administration on Friday slapped the most severe sanctions on Russia’s oil yet. Russia: new U.S. sanctions risk destabilising global markets. The sanctions have already started ...
The Biden administration on Friday targeted Russia’s energy sector, including its oil industry, with some of its harshest ...
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U.S. Cripples Russia’s Arctic Oil IndustryThese measures have halted crude oil deliveries to Asian buyers, leading to logistical challenges and growing stockpiles, ...
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