Sanctions against the Russian Federation – The United States is preparing new sanctions against Russian oil – UNIAN

The Biden administration is preparing new, tougher sanctions against Russian oil trade as it seeks to ramp up pressure on the Kremlin's war machine ahead of Donald Trump's return to the White House.

According to Bloomberg, details of possible new measures are still being worked out, but President Joe Biden's team is considering restrictions that could affect some types of Russian oil exports.

“Biden has long resisted the move because of concerns that it could trigger a spike in energy prices. But with oil prices falling amid a global glut and fears growing that Trump might try to force Ukraine into a quick…