Us Breaking News Russia Says It Will Continue Oil And Gas Projects Despite Us Sanctions

US sanctions on big Russian oil firms are having their intended effect, Treasury official says

The Trump administration said it is seeing signs that its sanctions on major Russian oil producers are crimping the economic engine that has allowed Moscow to continue to fund its war in Ukraine. Read More

Oil slides as US pushes for Russia-Ukraine peace deal

Oil prices edged higher on Thursday, recovering from losses in the previous session, as markets assessed the latest U.S. proposals to end the war in Ukraine and prepared for a U.S. deadline to cease ... 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 Treasury says sanctions on Rosneft, Lukoil cut Russia oil revenue

The U.S. Treasury said on Monday that U.S. sanctions against Russian oil majors Rosneft and Lukoil are already reducing Russian oil revenues and are likely to reduce the quantity of Russian oil sold ... Read More

Amid reports of US-Russia peace plan, Europeans say they and Ukraine must be involved

Top European diplomats stress that Ukraine and Europe must be involved in any efforts to end Russia’s invasion of Ukraine ... Read More

As Sanctions on Russian Oil Loom, India Prepares to End Its Buying Spree

India has been snapping up discounted Russian crude for three years, but U.S. sanctions that take effect on Friday are expected to end the lucrative trade. 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

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

Kremlin henchman’s PR tour backfires as Trump’s oil sanctions bite: ‘Feel the pain immediately’

WASHINGTON — Vladimir Putin is feeling the sting of President Trump’s new oil sanctions — so much so that he dispatched one of his top henchmen on a desperate charm offensive across the US. Kirill ... Read More

Hungary says it is looking to circumvent US sanctions on Russian oil and gas companies

Hungarian Prime Minister Viktor Orban on Friday said his government was working on ways to circumvent President Donald Trump's newest sanctions on Russian oil and gas companies. The United States ... Read More