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 sanctions were intended to force Russian President Vladimir Putin to the negotiating table and bring an end to the war that began when Russia invaded in February 2022. U.S. officials on Thursday ... Read More

Explainer: How US sanctions on Russian oil majors will impact the rouble and economy

Here is a look at how U.S. sanctions on Russian oil firms Rosneft and Lukoil, which take effect at 1701 GMT on Friday, may affect the Russian foreign currency market. 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

US to ramp up pressure on Russia, more sanctions on the way

As part of the continued efforts to end the Ukraine war, the Trump administration drew up a fresh set of sanctions ready to hit key sectors of Russia's economy to maintain pressure on President ... 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

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

Russia's Lukoil Says It Plans to Sell International Assets Due to Western Sanctions

MOSCOW (Reuters) -Russia's second-largest oil producer, Lukoil, said on Monday it would sell its international assets following sanctions over Ukraine announced last week by the United States. The ... 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

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

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