Russia, Oil and Iran

Trump Team Readies Oil Sanctions Plan for Russia Deal, Iran Squeeze
Advisers to President-elect Donald Trump are crafting a wide-ranging sanctions strategy to facilitate a Russia-Ukraine diplomatic accord in the coming months while at the same time squeezing Iran and Venezuela,
Oil prices slip as Russia sanctions stay in focus
Oil prices slipped on Tuesday from the previous day's four-month highs but the market remained supported by continuing focus on the impact of new U.S. sanctions on Russian oil exports to key buyers India and China.
New U.S. Sanctions on Russia, Iran Oil Could Support Oil Prices
Oil futures edged higher and Phillip Nova said the potential impact of the new U.S. sanctions on Iranian and Russian crude oil exports could be bullish for prices.
Why Latest US Sanctions on Russian Oil Are a Big Deal
In the final days of Joe Biden’s presidency, the US unveiled its most sweeping and aggressive effort yet to disrupt the oil shipments that are helping Russia to fund its war in Ukraine.
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,
LPG exports by Russia's Sibur via Ust-Luga fell 37% in 2024, data shows
Sibur, Russia's largest liquefied petroleum gas (LPG) producer, cut exports through the Baltic Sea port of Ust-Luga, its main ...
Oil Jumps on Fresh U.S. Sanctions Against Russia
A fresh wave of U.S. sanctions against Russia’s oil industry threatened to disrupt global supplies, sending crude prices to ...
Oil Hits Five-Month High as US Sanctions on Russia Menace Supply
Oil settled near $79 a barrel — a five-month high — as a fresh wave of US sanctions against Russia’s energy industry ...
The US is tightening its grip on one of the key pillars of Russia's economy
Oil and gas revenue is expected to account for around 27% of Russia's federal revenue in 2025, according to a draft budget ...
Crude prices jump as U.S. imposes sweeping sanctions against Russia oil industry
Oil prices jumped more than 4% on Friday, with global benchmark Brent breaking $80 per barrel for the first time since ...
Bessent Says He Would Support Sanctioning Russian Oil Majors
Scott Bessent, President-elect Donald Trump’s nominee for Treasury secretary, said he would support dialing up sanctions on ...
Oil producers rush to hedge as US sanctions on Russia send prices higher
Energy producers have rushed to lock in oil prices since the United States announced its harshest sanctions yet on Russian ...
Biden admin imposes harsh sanctions on Russian oil industry to cut off funding for Ukraine war effort
The Biden administration on Friday targeted Russia’s energy sector, including its oil industry, with some of its harshest ...
Cost to Ship Russian ESPO Oil to China Triples After Sanctions
The cost of shipping Russian ESPO crude to China has more than tripled after the US imposed aggressive sanctions on Moscow’s oil industry last week, with rates expected to climb even higher, according ...
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U.S. Cripples Russia’s Arctic Oil Industry
These measures have halted crude oil deliveries to Asian buyers, leading to logistical challenges and growing stockpiles, ...
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Oil prices rise on low US stockpiles, Russia sanctions; Israel-Gaza ceasefire impact unclear
Oil prices shot up Wednesday by more than 3% on fears of low US stockpiles and the lingering effect of US sanctions on Russia ...