US sanctions

Trump administration prepares for prolonged military conflict with Iran — Axios

U.S. President Donald Trump administration is preparing for a potential multi-day or even multi-week exchange of strikes with Iran over the situation in the Strait of Hormuz, Axios reported, citing American officials, on July 9.

9 July, 11:15 AM

Russian oil price drops to early 2023 levels

The price of Urals crude at Russia’s Novorossiysk Black Sea port fell to $36.61 a barrel on Nov. 13, its lowest level since March 2023, Bloomberg reported on Nov. 17.

17 November 2025, 09:48 PM

India’s largest oil refiner plans new purchase of Russian crude — Bloomberg

India’s state-owned oil refining company, Indian Oil Corp. (IOC), has issued a tender for crude oil deliveries in early 2026 that includes Russian ESPO and Sokol grades, Bloomberg reported on Nov. 12.

12 November 2025, 02:47 PM

West clamps down on Rosneft and Lukoil — Moscow to lose $5.5bn monthly

New sanctions targeting Russia’s oil companies Rosneft and Lukoil could deprive the Kremlin of up to $5.5 billion in monthly revenues and significantly reduce its military capabilities, Ukrinform reported on Nov. 6.

6 November 2025, 11:37 AM

Putin fakes negotiations with Ukraine to delay harsh US sanctions — Zelenskyy

Russia is engaging in talks with Ukraine only to avoid tougher Western sanctions, President Volodymyr Zelenskyy said in an interview with Bild, published on June 12.

12 June 2025, 08:10 AM

US may adjust Russia sanctions based on peace negotiations

The issue of easing sanctions on Russia could be discussed in upcoming negotiations over the war in Ukraine, according to U.S. Treasury Secretary Scott Bessent. Speaking on Feb. 20, Bessent said the United States is prepared to either strengthen or ease sanctions, depending on Russia’s willingness to engage in meaningful peace talks, Bloomberg reported.

20 February 2025, 06:22 PM

Sanctions sticker shock: Russia’s oil shipping costs to China surge fivefold

The cost of transporting Russian ESPO crude oil to China has risen sharply, now nearly five times higher than before the United States imposed sanctions on Russia’s oil industry in early January, Bloomberg reports.

23 January 2025, 04:15 PM

Trump urges Russia to negotiate, threatens further sanctions

The United States will introduce tougher sanctions on Russia’s “failing” economy if Moscow refuses to end the war in Ukraine soon, U.S. President Donald Trump said on Jan. 22.

22 January 2025, 08:42 PM

Schlumberger defies U.S. sanctions, keeps its foothold in Russia’s oil sector

Despite a U.S. ban on oil-related services in Russia under the latest sanctions package, oilfield services giant Schlumberger (SLB) has no immediate plans to exit the country, The Moscow Times reports, citing Financial Times.

20 January 2025, 02:46 PM

Biden administration planning final round of chip export restrictions aimed at Russia and China

The Joe Biden administration is planning a final round of export restrictions on AI chips from companies like Nvidia Corp. to prevent advanced technologies from reaching Russia and China, Bloomberg reported on Jan. 8.

10 January 2025, 02:24 PM

Frustration mounts among Russian elites as Ukraine war drags into 2025

Russian elites are reportedly frustrated that the war initiated by Russia against Ukraine did not conclude in 2024, the independent news outlet Meduza reported on Jan. 9, citing sources within the presidential administration, government, State Duma, and regional officials who say the dominant sentiment among elites is disappointment.

9 January 2025, 11:05 AM

Russia's last major bank faces U.S. sanctions, isolation from SWIFT looms

The U.S. is poised to sanction Gazprombank, Russia's third-largest state-owned bank, cutting its access to the U.S. financial system and SWIFT, therefore disrupting its energy trade with Europe, Nikkei media outlet reported on Nov. 18.

19 November 2024, 05:54 AM

Musk and Iranian UN envoy discuss US-Iran tensions

Elon Musk, considered a close advisor to U.S. President-elect Donald Trump, met with Iran's UN Ambassador Amir Saeid Iravani in New York on Nov. 11, according to The New York Times.

15 November 2024, 11:50 AM

US plans tougher sanctions on Russia’s shadow oil fleet

The United States plans to tighten restrictions on the trade of Russian oil, specifically targeting the shadow fleet Moscow uses to export crude, Dalip Singh, Deputy National Security Advisor to the US President said on Sep. 20.

20 September 2024, 03:15 PM

Pentagon ramps up efforts with U.S. agencies to block Russia's access to technologies and circumvent sanctions

The Pentagon is working closely with U.S. government agencies to ensure that Russia is completely cut off from acquiring American technology, especially by bypassing sanctions, Pentagon's spokesperson, Patrick Ryder said at a briefing on Sept. 13.

13 September 2024, 08:46 AM

Yuan liquidity in Russia dries up as Chinese banks halt transfers

Chinese banks are growing increasingly wary of indirect involvement in financing Russia’s military efforts due to expanded U.S. sanctions announced in June, Bloomberg reported on Aug.13.

14 August 2024, 10:58 AM

U.S. officials press Turkey to curb tech trade aiding Russia

The U.S. government has urged Turkish authorities to stop supplying Russia with microchips and other components used in military equipment, according to a report by the Financial Times on Aug. 7.

7 August 2024, 11:47 AM

US to unveil new sanctions against Russia at G7 Summit

The United States will announce new sanctions and export control measures against Russia and its partners during the G7 leaders' summit in Italy later this week, White House spokesperson John Kirby said, Voice of America reported on June 12.

12 June 2024, 11:59 AM

US imposes sanctions on Belarusian companies

The US Treasury Department announced on April 15 that it is adding 10 individuals and 12 legal entities from Belarus to its sanctions list, citing their involvement in the 2020 presidential election in Belarus and the country’s support for Russia’s actions in Ukraine.

16 April 2024, 12:00 PM

Major Indian refiner Reliance Industries rejecting Russian oil tankers amid US sanctions

Indian company Reliance Industries, the owner of the world's largest oil refinery complex, refuses to accept oil delivered by tankers of the Russian company Sovcomflot (SCF), Reuters reported on March 20.

21 March 2024, 12:31 PM

US sanctions

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