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US Expands Sanctions on Russia, Targeting Key Energy Exports

Summary

The United States announced expanded sanctions on Russia’s energy sector today, aiming to curb Moscow’s revenue amid ongoing geopolitical tensions. The new measures specifically re

The United States announced expanded sanctions on Russia’s energy sector today, aiming to curb Moscow’s revenue amid ongoing geopolitical tensions. The new measures specifically restrict Russian oil exports to the US and allied countries, affecting roughly 15% of Russia’s total energy shipments, according to the Treasury Department. These sanctions follow recent diplomatic efforts to pressure Russia over its actions in Eastern Europe. Bloomberg notes the move could disrupt global energy markets, pushing prices higher and impacting supply chains worldwide.
Feb 15
US Expands Sanctions on Russia, Targeting Key Energy Exports

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