News

The USA is planning new sanctions against Russian oil — World


Previous attempts to cut Russia's energy revenues have had mixed results, but now that U.S. gasoline prices have hit their lowest level since mid-2021, the situation favors decisive action.

The administration of US President Joe Biden is developing new sanctions aimed at tightening restrictions on oil trade with Russia. These measures are intended to put pressure on the Russian military industry, especially given the possible return to power of Donald Trump.

As Bloomberg reports, new sanctions are still under development, but restrictions on certain types of Russian oil exports are among the discussed options.

Previously, the Biden administration refrained from such actions, fearing the rise in energy prices, which could affect the political situation before the presidential elections in November. However…



Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *