Oil Tankers U-Turn and Buyers Go Elsewhere as Russia Sanctions Bite
On Jan. 10 the US Treasury’s Office of Foreign Assets Control sanctioned 161 tankers and traders involved in about 2,000 shipments since the invasion began. It also acted against Moscow-based ship insurers and two companies — Surgutneftgas and Gazpromneft — which in the first 10 months of last year accounted for almost 30% of Russia’s oil exports.
China response key to crude oil after new sanctions on Russia: Russell
By Clyde Russell LAUNCESTON, Australia (Reuters) -"This time it's different" is a well-worn cliché that seems to be getting another whirl with the latest U.S. sanctions against Russia's crude oil exports.
New U.S. Sanctions on Russia, Iran Oil Could Support Oil Prices
Oil futures edged higher and Phillip Nova said the potential impact of the new U.S. sanctions on Iranian and Russian crude oil exports could be bullish for prices.
Oil Set for Weekly Gains on Russia Sanctions Fears
Oil prices were on track for weekly gains of more than 2%, boosted by supply disruption concerns following the latest round of U.S. sanctions against Russia. Brent crude was up 0.3% at $81.59 a barrel,
Oil retreats slightly after boost from US crude draw, Russia sanctions
Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on U.S. President Joe Biden's latest sanctions targeting Russia and a larger-than-forecast fall in U.S. crude stocks.
‘India in touch with US to clarify issues’: MEA on new sanctions on Russian oil
External affairs ministry spokesperson Randhir Jaiswal indicated that India had no plans to reduce oil purchases from Russia following the US sanctions
Facing a Flurry of U.S. Sanctions, China Prepares to Hit Back
With days until Donald Trump is sworn in, China is bracing for a trade war, aiming at industries as diverse as semiconductors ...
Treasury levels sanctions tied to a massive hack of telecom companies and breach of its own network
The Treasury Department has announced sanctions in connection with a massive Chinese hack of American telecommunications ...
China Pounces on Russia's Fire Sale of Prized Assets
In December, Russia reportedly sold its stakes in certain Kazakh uranium deposits to Chinese-owned companies. This involved ...
Treasury secretary nominee Bessent favors tax cuts, China tariffs, Russia sanctions
President-elect Donald Trump's Treasury secretary nominee Scott Bessent favors imposing tariffs on China, sanctions on Russia ...
Treasury sanctions Salt Typhoon hacking group behind breaches of major US telecom firms
The Treasury Department’s Office of Foreign Assets Control (OFAC) announced on Friday that it had sanctioned a China-based ...
The U.S. Sanctions Beijing Firm Behind Major ‘Salt Typhoon’ Telecom Hacks
The U.S. Treasury Department said Sichuan Juxinhe Network Technology Co. was directly involved in the deep compromises of the ...
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US hits back against China’s Salt Typhoon group
Experts welcome economic sanctions against gang believed to be behind telecom hacks, but warn tougher action is needed.
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Treasury Nominee Bessent Defends Trump Policies in Testimony; Promises to Press China to Resume Ag Purchases in Phase 1 Agreement
Treasury Secretary nominee Scott Bessent outlined a three-pronged approach to tariffs during his Senate testimony this week, ...
Putin Shadow Fleet's Sanctions-Hit Tankers 'Stranded' off China Coast
The vessels Mermar, Huihai Pacific and Olia carrying more than 2 million barrels of oil left Russian ports earlier in January ...
Mideast oil prices jump on robust China, India demand post-sanctions
Spot premiums for Middle East crude rose to their highest in more than two years as strong demand from top importers China ...
‘Enough is enough’: New report warns top US companies at risk of hefty fines from possible China sanctions
A new report warns that over 80 Fortune 100 companies are doing significant business in China and that they could face ...