U.S. officials pledged to crack down on shipments to Russia that can be used for both civilian and military purposes, but that has proved hard to police.
Category: Embargoes and Sanctions
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Oil Prices Rise on Talk of Russian Output Cut
Russia’s deputy prime minister said the country would reduce its oil production by about 5 percent to counter Western sanctions.
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How Russia Is Surviving the Tightening Grip on Its Oil Revenue
Europe’s and America’s gradual restrictions on Russian oil trade are raising stakes in a protracted economic standoff that is reshaping the global energy market.
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Russian Diesel Is Europe’s New Embargo Target
The coming ban on Russian exports of refined oil products could strain energy markets and crimp Russia’s output.
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Russia Sidesteps Western Punishments, With Help From Friends
A surge in trade by Russia’s neighbors and allies hints at one reason its economy remains so resilient after sweeping sanctions.
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The US Imposes Sanctions on a Russian Oligarch and Other Officials
The sanctions block financial transactions in dollars with Vladimir Potanin, the largest shareholder in Nornickel, the world’s biggest producer of palladium and refined nickel.
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Chechen Leader Has More Interactions With UFC Fighters Amid US Sanctions
The U.S. State Department says it knows of apparent ties between Ramzan Kadyrov, the Chechen strongman, and mixed martial arts fighters.
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Oil Prices Drop, Despite Heightened Sanctions on Russian Crude
The price of oil fell by about 10 percent this week, easing (for now) supply worries about the E.U. embargo and a price cap.
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Qatar Extends Its Natural Gas Dominance at Russia’s Expense
As its influence grows, the country is poised to become a big energy supplier to Europe, which has turned away from Russia after its invasion of Ukraine.
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What We Know About Brittney Griner’s Case in Russia
The W.N.B.A. star had been detained in Russia on drug charges for nearly 10 months before she was released in a prisoner swap on Thursday.
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EU Embargo of Russian Oil and G7’s Price Cap Take Effect
An immediate impact on oil supplies in Europe was not expected, partly because the embargo has been in the works for months.
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Amid Churning Oil Market, OPEC and Russia Leave Production Unchanged
The group, OPEC Plus, reaffirmed an output cut in October as “the right course of action” but outlined no further changes before an E.U. embargo of Russian oil begins on Monday.