The Biden administration is cracking down on the Russian “shadow fleet” and taking steps to curb oil and gas production.
The United States and Britain on Friday announced sanctions against Russia's energy sector, including oil giant Gazprom Neft, just days before outgoing President Joe Biden leaves office. - Strong economy influenced timing - Friday's announcement comes just 10 days before US President Biden is due to step down,
Biden administration officials say the sanctions are being imposed now because they are not likely to add to inflation
The White House, now unconcerned about the effect on gas prices and inflation, blacklisted two of Russia’s biggest oil producers and nearly 200 tanker ships.
The United States on Friday imposed sweeping sanctions on Russia's energy sector to try to limit funding for Moscow's war in Ukraine. The sanctions target two of Russia's largest oil companies, Gazprom Neft and Surgutneftegas,
Joe Biden is expected to unveil new sanctions targeting Russia's economy as part of measures to bolster Kyiv's war effort before Donald Trump takes office.
Brussels is reportedly assessing the potential impact of President-elect Donald Trump reversing Biden-era sanctions on Russia.
President-elect Donald Trump should get tough on countries using chemical weapons in breach of agreed international conventions, such as Russia.
Oil prices surged on Friday and were on track for a third straight week of gains as traders focused on potential supply disruptions from more sanctions on Russia. Brent crude futures gained $2.50, or 3.
The second Donald Trump administration assumes office at a moment of great peril for the United States, according to the Council on Foreign Relations’ (CFR) annual Preventive Priorities Survey. The
Russian-based Fly Drones has been deploying an anti-drone laser system—which could be employed to automatically detect, track, identify, and engage the airborne platforms.
President Joe Biden is expected to unveil new sanctions targeting Russia's economy this week, according to a U.S. official, as part of measures to bolster Kyiv's war effort against Moscow before Donald Trump takes office.