Latest in Crude prices jump as U.S. imposes sweeping sanctions against Russia oil industry
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Crude prices jump as U.S. imposes sweeping sanctions against Russia oil industry
The U.S. Treasury Department is targeting more than 180 Russian tankers.CNBC - 2h -
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 - 4h -
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 - 14h -
House Passes Bill to Impose Sanctions on I.C.C. Officials for Israeli Prosecutions
The action put the measure on track for likely enactment given strong support for it among Republicans, who now control the Senate, and President-elect Donald J. Trump.The New York Times - 1d -
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 - 2h -
US imposes wide-ranging sanctions on Russian oil sector
Move by outgoing Biden administration made in co-ordination with UKFinancial Times - 6h -
Biden administration imposes major sanctions on Russian energy sector
The Biden administration announced Friday it was imposing what it billed as the most significant sanctions to date on the Russian energy sector, targeting Moscow’s oil and liquified natural gas ...The Hill - 7h -
Trump will struggle to drive down oil prices
Energy production in the US will rise but more of the output will be gassyFinancial Times - 1d -
North Korea learning from fighting with Russia against Ukraine, US warns
Diplomatic and military ties with Moscow making Pyongyang ‘more capable of waging war’, official says. North Korea is benefiting from its troops fighting alongside Russia against Ukraine, gaining ...The Guardian - 2d -
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 - 2d -
US imposes sanctions on Orbán’s chief of staff for alleged corruption
Antal Rogán is Hungary’s highest-ranking official added to Treasury list since fall of communismFinancial Times - 2d -
U.S. says Sudan's rebels have committed genocide and sanctions their leaders
The US determined Tuesday that members of Sudan’s Rapid Support Forces (RSF) committed genocide in Sudan and it imposed sanctions on the group’s leader.NBC News - 2d -
U.S. Says Sudan’s R.S.F. Committed Genocide and Sanctions Its Leader
A force fighting Sudan’s army in a brutal civil war committed massacres and rape that amount to genocide, the Secretary of State said, two decades after a finding of genocide in the same region.The New York Times - 3d -
US imposes sanctions on senior Hungarian government minister
US treasury accuses Antal Rogán, a close aide of leader Viktor Orbán, as key to ‘system of corruption’. The United States has imposed sanctions on a senior member of the Hungarian government for ...The Guardian - 3d -
Services index shows big jump in prices for December as companies fear tariffs
The ISM services survey's prices index jumped to 64.4%, an increase of 6.2 points or more than 10%.CNBC - 3d -
Freezing temperatures take hold after major winter storm sweeps across U.S.
Millions of Americans are digging out from the first major winter storm of the year as freezing temperatures grip much of the country. CBS News national correspondent Manuel Bojorquez has more.CBS News - 3d -
Breaking down the Nippon and U.S. Steel lawsuit against Biden administration
U.S. Steel is suing the Biden administration over the president's decision to block the company's $15 billion acquisition by Japan's Nippon Steel. International investment expert Sarah Bauerle ...CBS News - 3d -
Oil ends lower as signs of strong demand for Mideast crude fail to feed recent rally
Oil futures settled with a loss on Monday, with hopes for further economic stimulus from China and signs of strong demand for Middle Eastern crude failing to support prices in the wake of a ...MarketWatch - 4d -
Biden Bans New Oil and Gas Drilling Along Most U.S. Coasts
The ban affects the entire Eastern Seaboard, the Pacific Coast along California, Oregon and Washington, the eastern Gulf of Mexico and the Northern Bering Sea.The New York Times - 4d -
Biden bans new offshore oil and gas drilling in most U.S. coastal waters
President Biden is taking executive action to protect more than 625 million acres of the American ocean from offshore drilling, the White House announced.CBS News - 4d -
Tracking Ukraine’s battle against Russia in maps and charts
A visual guide to the warFinancial Times - 4d -
Trump’s ambitious oil plans will not derail Russia
It would still be very disruptive to try to embargo Russian oil from the world markets altogetherFinancial Times - 4d -
More than 30 dolphins have died since an oil spill near southern Russia, experts say
A dolphin rescue center in Russia says 32 dolphins have died since fuel oil spilled out of two storm-stricken tankers three weeks ago in the Kerch Strait near the Russia-occupied Crimean PeninsulaABC News - 5d -
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Oil prices score weekly gains, buoyed by China policy support
Oil futures posted solid gains in a holiday-shortened week, buoyed by expectations of further stimulus in China, the world’s largest crude importer, to boost its sputtering economy.MarketWatch - Jan. 3 -
U.S. Hits Chinese Cybersecurity Company With Sanctions After Breach
The agency imposed penalties on a company it blamed for supporting the Chinese hacking group Flax Typhoon in a 2022-23 infiltration.The New York Times - Jan. 3 -
China Adds to Sanctions of U.S. Defense Contractors Over Taiwan Arms Sales
Beijing sent a fresh warning to President-elect Donald Trump of the tools it can use to protect national interests.The Wall Street Journal - Jan. 3 -
Oil prices end higher to kick off 2025, boosted by a stronger demand outlook
Oil futures began 2025 on a positive note, boosted by expectations for stronger demand.MarketWatch - Jan. 2 -
Debate Over U.S. Sanctions on Russia For Ukraine War Intensifies
The president-elect has said he will use sanctions sparingly while vowing to end the war in Ukraine, renewing questions over their efficacy.The New York Times - Jan. 2 -
China’s Hack of U.S. Treasury Breached Sanctions Office
The cyberattack reported earlier this week reached into the Office of Foreign Assets Control and the Office of Financial Research, sections of the agency that oversee economic penalties against ...Inc. - Jan. 2 -
Russia warns of severe environmental damage as oil from damaged tankers washes up on beaches
Russian officials have warned of severe environmental damage as thousands of people came out to clean up tons of fuel oil that spilled out of two storm-stricken tankers more than two weeks ago in ...ABC News - Jan. 1 -
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FBI disrupts alleged plot against pro-Israel U.S. group
Authorities said the Florida man arrested in the alleged plot had three firearms, including an AR-style rifle, with him when law enforcement stopped the vehicle he was in.CBS News - Jan. 1 -
With Russia gaining ground and U.S. support uncertain, Ukraine faces a precarious year ahead
This year is shaping up to be a nail-biter for Ukraine.NBC News - Jan. 1