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Finland Says More Pressure Needed on Russia After Oil Sanctions

Finland’s Foreign Minister Elina Valtonen touted recent sanctions by the US and European Union targeting Russia’s energy sector, but said more pressure is needed if allies are to force Moscow to end ... Read More

Russia's Crude Deliveries Plunge as US Sanctions Begin to Bite

Russia’s seaborne crude shipments fell sharply, dropping by the most since January 2024, as the latest US sanctions led key buyers to shy away from Moscow’s oil. Cargo discharges have been hit even ... Read More

Europe joins Trump in squeezing more sanctions on Russia as Ukraine war rages on

The European Union joined the US in heaping more economic sanctions on Russia Thursday — adding to President Trump’s latest punitive measures to choke off the revenue that’s funding Moscow’s invasion ... Read More

Trump to Enforce Russia Sanctions, US NATO Envoy Says

(Bloomberg) -- US President Donald Trump will follow through and enforce harsh new oil sanctions on Russia to pressure Vladimir Putin into negotiations to end the Russia-Ukraine war, the US ambassador ... Read More

Trump's turnaround on sanctions targets Russia's oil companies that fund the war in Ukraine

The U.S. and the European Union are hitting Russia with another round of sanctions, aiming to cut into oil and gas export earnings that fund Moscow's war against Ukraine. More than 3 1/2 years into ... Read More

US delays sanctions on Russian oil giant Lukoil, Bloomberg reports

The U.S. Treasury Department has delayed the implementation of sanctions against Russian oil giant Lukoil, allowing the company time to sell its international assets, Bloomberg reported on Nov. 14. Read More