Latest US Sanctions on Russian Oil Are a Big Deal

Trump team plots dual sanctions approach on Russia and oil
Advisors to Donald Trump are developing a sanctions strategy to reach an agreement between Russia and Ukraine while increasing pressure on Iran and Venezuela, Bloomberg reports. The agency notes that two scenarios have been prepared.
Trump Team Readies Oil Sanctions Plan for Russia Deal
Advisers to President-elect Donald Trump are crafting a wide-ranging sanctions strategy to facilitate a Russia-Ukraine diplomatic accord in the coming months.
Donald Trump’s Treasury pick stresses need for tougher sanctions on Russian oil
The comments on Thursday by Donald Trump’s nominee to be Treasury secretary pushed up oil prices, as traders considered the prospect of tighter global crude supply. The new administration is also expected to target Iranian and Venezuelan oil with tougher sanctions as Trump seeks to increase economic pressure on the US’s adversaries.
Iran, Russia Enter Into Trump Crosshairs for New Oil Sanctions
The oil revenues of Iran, Russia and Venezuela have come into the crosshairs of President-elect Donald Trump, who is preparing a wide-ranging sanctions package that could have dramatic effects on energy markets.
Trump team developing tougher sanctions on Russian oil — report
The overarching goal is to compel Russia to negotiate a peace deal with Ukraine. If Moscow signals willingness to agree to a ceasefire, the developing strategy envisages easing restrictions on Russian trade.
Trump's team prepares oil sanctions plan to increase pressure on Russia and Iran, Bloomberg says
Advisers to President-elect Donald Trump are developing a wide-ranging sanctions strategy to help facilitate a diplomatic agreement between Russia and Ukraine in the coming months while simultaneously putting pressure on Iran and Venezuela.
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