Biden Levies New Sanctions Against Russian Energy Sector
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.
Oil prices jumped more than 4% on Friday, with global benchmark Brent breaking $80 per barrel for the first time since October on fears that tougher U.S. sanctions on Russia will disrupt crude supplies.
In the capital of Transnistria, a Kremlin-backed microstate sandwiched between Moldova and Ukraine, the festive New Year’s lights have gone dark ahead of schedule. This separatist sliver of Moldova will run out of energy in three weeks,
Russia's financial watchdog has rejected a request to remove late opposition leader Alexei Navalny from its list of "terrorists and extremists" even though he is dead, his widow Yulia Navalnaya said on Friday.
Britain has imposed new sanctions on Russian oil majors Gazprom Neft and Surgutneftegaz , the foreign ministry on Friday.
As the drone whirrs into the sky, something unusual trails behind it: a fibre optic cable barely visible to the naked eye.
After three years of war, strict sanctions, and dwindling oil prices, the odds are stacked against the Kremlin in 2025, a think tank fellow argues.
Russia is "watching this rather dramatic development of the situation very closely," President Vladimir Putin's spokesperson said.
Oil prices jumped more than 4% on Friday, with global benchmark Brent breaking $80 per barrel for the first time since October on fears that tougher U.S. sanctions on Russia will disrupt crude supplies.
Winning the space race is far more important than remaining committed to any one contractor. U.S. decision makers should do what needs to be done without delay.