Oil at 4-Month High Amid New Sanctions on Russia

Sanctioned Tankers Carrying Russia Oil Now Idling Off China
Three tankers carrying more than 2 million barrels of Russian oil are floating in waters off eastern China after they were sanctioned by the US on Friday, according to ship-tracking data.
Stricter US sanctions threaten Russia's oil trade with India and China: Report
The new sanctions are likely to severely affect Russia's oil exports, as many tankers previously used for shipments to India and China will now face restrictions.
Oil hits more than 3-month high as US sanctions hit Russia exports
Oil prices hit their highest level in more than three months on Monday's open, extending their rally on expectations that wider U.S. sanctions will affect Russian crude supplies to the world's top and third largest importers China and India.
Tougher U.S. Sanctions to Curb Russian Oil Supply to China and India
The U.S. Treasury on Friday imposed sanctions on Russian oil producers Gazprom Neft and Surgutneftegas, as well as 183 vessels that have shipped Russian oil, targeting the revenues Moscow has used to fund its war with Ukraine.
Oil at Four-Month High Amid New Sanctions on Russia
Talk us through the impact that these sanctions have had on the global oil markets, the details why they are proving significant. Well, this is the first time that the Biden administration, as their last sort of act,
Oil jumps on expectations new US sanctions to cut Russian supply
Oil prices extended gains for a third session on Monday, with Brent rising above $81 a barrel to its highest in more than four months, as wider U.S. sanctions are expected to affect Russian crude exports to top buyers China and India.
US sanctions on Russian oil to hit China and India hard
China and India became the largest buyers of Russian crude after the European Union pulled back following the 2022 invasion of Ukraine.
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China blocks ships bypassing sanctions, sends message to Russia
The Shandong Port Group (SPG) in China's Shandong Province has announced that tankers subject to U.S. sanctions will not be ...