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Oil set for 4th week of gains on US sanctions
Oil prices dip but post 4th straight weekly gain on US sanctions
Oil prices settled lower on Friday but notched their fourth straight weekly gain, as the latest U.S. sanctions on Russian energy trade added to worries about oil supply disruptions. Brent crude futures dipped 50 cents,
Oil Headed for Weekly Gains on Supply Disruption Fears
Oil was on track for weekly gains of more than 2%, boosted by supply disruption concerns following the latest U.S. sanctions against Russia, with the market now looking ahead to Trump’s White House return for more clarity on trade tariffs and potential sanctions on Iran and Venezuela.
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 gains for fourth-straight week on US sanctions
Oil prices closed lower on Friday but strengthened for a fourth-consecutive week, as the latest U.S. sanctions on Russian energy trade added to worries about oil supply disruptions. Brent crude futures dipped 50 cents,
U.S. Hits Sudan's Leader With Sanctions
U.S. puts sanctions on Sudan’s military chief, citing civilian suffering
The Biden administration takes action against Gen. Abdel Fattah al-Burhan, accusing Sudan’s leaders of “blatant disregard of civilian lives” amid the civil war.
US issues sanctions on Sudanese army chief Burhan
The United States on Thursday imposed sanctions on Sudan's leader, army chief Abdel Fattah al-Burhan, accusing him of choosing war over negotiations to bring an end to the conflict that has killed tens of thousands of people and driven millions from their homes.
U.S. Hits Sudan’s Leader With Sanctions Over Brutal Civil War
Biden administration last week penalized a Sudanese rebel group of committing genocide.
Russia, sanctions
No convictions for breaching sanctions on Russia
They include bans on exporting weapons technology, facilitating the illegal trade of Russian oil and generally assisting President Vladimir Putin's government. A law was introduced four years ago to allow the UK to convict those breaching the sanctions.
How Trump could use sanctions in negotiations with Russia
In the run-up to his departure from the White House, President Joe Biden has slapped a number of major new sanctions on Russia’s financial systems and energy sector. The U.S. originally threatened Russia with “the mother of all sanctions” as Moscow prepared to invade Ukraine in February 2022.
Bessent open to increasing sanctions on Russia
Treasury Secretary-nominee Scott Bessent told senators Thursday that he would be “100 percent on board” with increasing sanctions on Russia’s major oil companies if President-elect Trump supports that strategy as a way to end the war in Ukraine.
6h
on MSN
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 ...
2h
SLB says its Russia business aligns with new US sanctions as revenue drops
Oilfield service provider SLB on Friday said its current business in Russia still aligns with U.S. sanctions issued this ...
13h
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 ...
8h
US Treasury Dept Issues Sanctions Related to Salt Typhoon Hack
WASHINGTON (Reuters) - The U.S. Treasury department on Friday issued cyber-related sanctions related to the Salt Typhoon hack ...
6h
US imposes sanctions on Yemeni financial institution in action against Houthis
The U.S. on Friday imposed sanctions on a Yemen-based financial institution that Washington accused of financially supporting ...
4h
on MSN
Russia and Iran sign a partnership treaty to deepen their ties in the face of Western sanctions
The presidents of Russia and Iran have held talks in the Kremlin before the signing of a broad cooperation pact to deepen ...
1d
Tanker Seized by Finland Over Ripped Cables Won't Face Cargo Sanctions Probe
COPENHAGEN (Reuters) - Finland's customs office said on Thursday it had no grounds to pursue a criminal investigation against ...
5h
on MSN
US Treasury Dept sanctions Chinese company over Salt Typhoon hack
WASHINGTON (Reuters) - The U.S. Treasury department on Friday sanctioned Shanghai-based Yin Kechen and cybersecurity company ...
2h
Sanctions and trade barriers set to remain in focus for oil as Trump takes office
Oil posted a loss in Friday’s trading session but tallied a fourth straight weekly rise, with sanctions and trade barriers likely to [remain in focus as President-elec ...
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