Economy News U S Sanctions Haven T Actually Hurt Russia S Economy Much Will New Ones Work

Cracks In Russia’s War Economy

After nearly four years of fiscal overreach caused by injecting trillions of rubles into the Russian economy, the Kremlin can no longer disguise its distress. Read More

How Trump’s Attack on Russia’s Economy Is Ricocheting Through Oil Markets

U.S. sanctions on Russia’s largest oil producers, Lukoil and Rosneft, have kicked in and are starting to test Moscow’s ability to sell crude, its economic lifeblood. Read More

Putin weighing tax hikes amid U.S. sanctions pressure, NATO chief Rutte says

The official highlighted the sweeping impact of Washington's penalties on two of Russia's largest oil producers, Rosneft and Lukoil. "This has a significant effect because what President Trump did ... Read More

Sanctions have choked Russia's oil industry, a key source of Kremlin funds, U.S. Treasury finds

A Treasury Department analysis indicates that new U.S. sanctions on Russian oil producers have sent prices there tumbling, choking off a key revenue source that Russia has used to fund its war in ... Read More

US’s tougher Russian sanctions

The ruble’s pricing and oil options’ volatility indicate the crude market expects limited long-term disruption from U.S. sanctions on Russia’s top oil firms, with Indian and Chinese sales mostly ... Read More

How the U.S.'s new sanctions on Russia could impact the war in Ukraine

The Trump administration has levied new sanctions against Russia, targeting the country's oil industry. NPR's Ayesha Rascoe speaks with journalist Stephanie Baker about the implications. The Trump ... Read More

Could U.S. Sanctions Finally Cripple Russia’s War Economy?

The U.S., EU, and U.K. imposed sweeping sanctions on Rosneft, LUKoil, and Gazpromneft to target Moscow’s oil revenues. Analysts say the short-term effects will be limited as Russia shifts exports to ... Read More

Oil prices jumped this week — and now U.S. consumers may be the ones to feel the pain from Trump’s Russia sanctions

Oil prices this past week marked their biggest weekly gain since June, as new U.S. sanctions on Russia’s two largest crude producers triggered the rally — raising the potential for tighter global ... Read More

How Will U.S. Sanctions on Russia Impact OPEC+ Strategy?

OPEC+ will meet this weekend to decide December output levels, with sources suggesting a modest 137,000 bpd increase. New U.S. sanctions on Rosneft and Lukoil have injected fresh uncertainty into ... Read More

U.S. Sanctions Loosen Russia’s Grip on Serbia by Forcing Sale of Oil Company

The Abu Dhabi National Oil Company is in talks to buy Russia’s stake in energy behemoth NIS, according to an official U.S. document seen by The Wall Street Journal. Read More

EU puts more sanctions on Russia

BRUSSELS -- The European Union on Thursday heaped more economic sanctions on Russia, adding to U.S. President Donald Trump's new punitive measures the previous day against the Russian oil industry. Read More