Crude prices jump as U.S. imposes sweeping sanctions against Russia oil industry

• India is staring at an 'oil shock' as U.S. sanctions on Russian crude loom

  India is now staring at the possibility of an oil shock after the U.S. decided to implement sweeping sanctions on Russia's oil industry.
  
  CNBC - 5d

• U.S. sanctions on Russia hit oil freight rates

  On Jan. 10, the U.S. Treasury announced fresh measures to deplete Russia's energy revenues, including on 183 vessels, largely oil tankers.
  
  CNBC - 6d
• 

  US and UK toughens sanctions on Russian oil industry

  The actions are aimed at cutting off revenue Moscow is using to fund its war in Ukraine.
  
  BBC News - Jan. 11

• Oil prices rally as fresh U.S. sanctions on Russia threaten global supplies

  Oil futures ended sharply higher on Friday, as fresh U.S. sanctions on Russia’s oil sector looked to threaten global supplies and as winter storms in the U.S. were expected to boost demand for ...
  
  MarketWatch - Jan. 10
• 

  U.S. Imposes New Sanctions to Squeeze Russia’s Energy Sector

  The Biden administration is cracking down on the Russian “shadow fleet” and taking steps to curb oil and gas production.
  
  The New York Times - Jan. 10
• 

  Biden administration imposes toughest sanctions on Russian oil and gas

  Measures targeting Russian energy sector attempt to leverage peace deal for Ukraine in Trump administration. The Biden administration on Friday imposed its broadest package of sanctions yet ...
  
  The Guardian - Jan. 10
• 

  US imposes wide-ranging sanctions on Russian oil sector

  Move by outgoing Biden administration made in co-ordination with UK
  
  Financial Times - Jan. 10

• Japan imposes new sanctions on Russia

  Japan on Friday approved additional sanctions against Russia over its war on Ukraine, including freezing the assets of dozens of individuals and groups and banning exports to dozens of ...
  
  ABC News - Jan. 10

• Oil prices settle lower as U.S. crude supplies fall but product stocks rise

  Oil futures settled with a loss on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for a seventh straight week, but gasoline and ...
  
  MarketWatch - Jan. 8

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