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India is staring at an oil shock as U.S. sanctions on Russian crude loom
The U.S. recently announced sanctions on Russian oil producers, along with vessels that have been shipping barrels of Russian crude. India will be hit the hardest by the sanctions, more so than China which has also been snapping up Moscow's cheap oil,
Oil retreats slightly after boost from US crude draw, Russia sanctions
Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on U.S. President Joe Biden's latest sanctions targeting Russia and a larger than forecast fall in U.S. crude stocks.
U.S. sanctions on Russia hit oil freight rates
On Jan. 10, the U.S. Treasury announced fresh measures to deplete Russia’s energy revenues, including on 183 vessels, largely oil tankers.
U.S. oil reserves fall, sanctions on Russia drive prices
Oil prices on the New York fuel exchange remain high due to concerns about threats to the global supply of this resource, with U.S. oil reserves experiencing the longest series of declines since 2021,
11h
US issues sanctions on Sudanese army chief Burhan
The United States on Thursday imposed sanctions on Sudan's leader, army chief Abdel Fattah al-Burhan, accusing him of ...
10h
on MSN
New US sanctions target Sudan’s warring military leader
The U.S. has imposed sanctions on the leader of Sudan’s military in a devastating war that is spreading famine in that ...
10h
on MSN
U.S. puts sanctions on Sudan’s military chief, citing civilian suffering
The Biden administration takes action against Gen. Abdel Fattah al-Burhan, accusing Sudan’s leaders of “blatant disregard of ...
6h
Tanker under US sanctions discharges oil at Chinese port, LSEG data shows
A tanker subject to the new U.S. sanctions is discharging Russian oil at a port operated by Shandong Port Group in east China ...
11h
Trump Treasury Nominee Scott Bessent: More Sanctions Could Bring Russia "To The Table" On Ukraine
Scott Bessent, Donald Trump's nominee for Treasury Secretary, said during a confirmation hearing Thursday that he is ...
13h
Trump's Treasury Pick Bessent Calls for Stronger Sanctions on Russia Over Ukraine War
Scott Bessent, U.S. President-elect Donald Trump's nominee to be secretary of treasury, speaks as he testifies during a ...
1h
on MSN
Global diesel prices spike as US hits Russia with new sanctions
By Ahmad Ghaddar, Shariq Khan, Trixie Yap and Enes Tunagur LONDON (Reuters) - Global diesel prices and refining margins ...
9h
on MSN
Trump treasury pick Scott Bessent calls for stronger Russia sanctions, Fed independence at confirmation panel
Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax ...
1d
UN human rights chief calls for lifting Western sanctions on Syria as country rebuilds after Assad
The United Nations human rights chief has called for the lifting of Western sanctions imposed on Syria over its yearslong ...
13h
on MSN
Bessent open to increasing sanctions on Russia
Treasury secretary nominee Scott Bessent told senators Thursday he would be “100 percent on board” with increasing sanctions ...
6h
on MSN
Treasury secretary nominee Bessent favors tax cuts, China tariffs, Russia sanctions
President-elect Donald Trump's Treasury secretary nominee Scott Bessent favors imposing tariffs on China, sanctions on Russia ...
5h
on MSN
No convictions for breaching sanctions on Russia
A law was introduced four years ago to allow the UK to convict those breaching the sanctions. However, in a letter to MPs, ...
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