Economy News U S Sanctions Haven T Actually Hurt Russia S Economy Much Will New Ones Work
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US treasury strikes Kremlin’s money lifeline — Rosneft and Lukoil hit hard as oil prices plunge
The United States Treasury has announced that its new sanctions on Russian oil giants Rosneft and Lukoil are already reducing Russia’s earnings from crude sales. These sanctions, introduced on October ... 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
Oil Prices Rebound as U.S. Sanctions on Russia Offset Oversupply Concerns
Oil prices rose in Asian trading on Friday, recovering from a three-week low and erasing much of their recent declines. The rebound came as traders grew more confident that strict U.S. sanctions on ... Read More
IMF sees no 'bounce back' in Russian economy, warns of further damage if sanctions expanded
Russia's economy will not recover anytime soon from sweeping sanctions imposed by Western nations over its war in Ukraine, and could see further damage if those sanctions are expanded to hit energy ... 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
Why the latest Russia oil sanctions could actually hurt its war economy
When it comes to sanctions on Russia, the Trump administration has a reputation for chickening out and the EU for pulling its punches. But the latest measures against Russian oil and gas sales look ... 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
Trump Sanctions Look to Tighten the Screw on Russia’s Oil Income
When the US imposed its first major sanctions on Russia's petroleum industry since Donald Trump’s return to the White House, the oil market briefly dived into chaos. Refiners in India, a major market ... Read More
Crude oil extends gains as Russia begins to feel pain from latest U.S. sanctions
Crude oil futures gained for a third straight session on signals that US sanctions are starting to have an impact on Russian oil exports. Read More
Trump's U-turns on Russia and Ukraine, and the significance of new sanctions: ANALYSIS
Experts call the sanctions significant but question impact on Putin's aims. For the first time in his presidency, Donald Trump this week imposed new sanctions on Russia in an attempt to push Vladimir ... Read More
Russia’s Lukoil to Sell International Assets to Gunvor in Wake of U.S. Sanctions
The Trump administration imposed new sanctions on Russian oil companies Lukoil and Rosneft as the talks to end the Russia-Ukraine war have stalled. Photo: Alex Brandon/Associated Press Russia’s Lukoil ... Read More
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