Us Breaking News Us And Uk Toughens Sanctions On Russian Oil Industry

UK Targets Three Smaller Russian Oil Producers in Latest Curbs

The UK government imposed sanctions on three smaller Russian oil producers, as a US-brokered peace deal between Moscow and Kyiv remains elusive. Read More

UK expands anti-Russian sanctions, adding more oil companies to list

The UK has expanded its sanctions against Russia to cover 24 new entities and individuals, including additional oil companies. Source: the UK Foreign Office's updated sanctions list, as reported by ... Read More

Oil Prices Edge up After Reports of Possible US Sanctions on Russia, Venezuela Blockade

The Venezuela blockade could affect 600,000 barrels per day of Venezuelan oil exports, mostly to China, but 160,000 bpd of exports to the U.S. would likely continue, ING said. Chevron vessels were ... Read More

US allows oil sales from Russia's Sakhalin-2 project through June 18

The U.S. extended on Wednesday a waiver allowing oil sales from Russia's Sakhalin-2 project through June 18 next year, a move that likely allows production of liquefied natural gas from the project to ... 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

Russia's oil revenues plunge just as US sanctions hit when Moscow can least afford it

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UK sanctions Russian regional oil giant

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