Latest in Oil prices rally as fresh U.S. sanctions on Russia threaten global supplies
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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 - 29m -
Venezuelan officials hit with fresh sanctions as Maduro begins third term
US, EU and UK co-ordinate measures to punish president’s administration over his ‘illegitimate’ reinaugurationFinancial Times - 4h -
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 - 5h -
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 - 18h -
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 - 6h -
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 - 7h -
US imposes wide-ranging sanctions on Russian oil sector
Move by outgoing Biden administration made in co-ordination with UKFinancial Times - 9h -
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 -
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 -
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 -
U.S. Steel CEO calls for Trump to take fresh look at Nippon deal, slams Biden decision as corrupt
Trump opposes U.S. Steel's sale to Nippon, but CEO David Burritt believes he can convince the president-elect that the deal is in the interest of U.S. workers.CNBC - 3d -
U.S. stocks dominated global markets in 2024 — why they likely won’t in 2025
The U.S. stock market remained the envy of the world in 2024, extending its outperformance against international peers and claiming an even bigger slice of the multitrillion-dollar global equity ...MarketWatch - 3d -
Nvidia’s stock rallies as AI chip trade reloads for fresh run higher
Nvidia Corp.’s stock continued its rally Monday, embodying the red-hot momentum in the artificial-intelligence chip trade so far this year.MarketWatch - 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 -
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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Major winter storm threatens much of the U.S. with intense cold, snow and ice
Tens of millions of Americans braced Sunday for a massive winter storm, expected to bring the heaviest snowfall and coldest temperatures in over a decade to parts of the country.NBC News - 5d -
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Honduran Leader Threatens to Push U.S. Military Out of Base if Trump Orders Mass Deportations
In pushing back against President-elect Donald J. Trump’s plan, President Xiomara Castro threatened that a base hosting U.S. troops could “lose all reason to exist in Honduras.”The New York Times - 6d -
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 -
Trump to rally in DC ahead of inauguration
Donald Trump is expected to hold a big Washington rally the day before he’s sworn in as the nation’s 47th presidentABC News - Jan. 2 -
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 -
Wholesale gas price hits highest level in 14 months after Russian supplies stop
Transit agreement with Ukraine expires as storage supply levels in Europe fall at fastest rate since 2021. Business live – latest updates The wholesale price of gas has risen to its highest ...The Guardian - 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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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 -
US places sanctions on Australian man over alleged global narcotics trafficking role
David Jonathan Thackray, who was jailed in New Zealand in 2014, is one of three Australians now subject to such sanctions. Get our breaking news email , free app or daily news podcast An ...The Guardian - Jan. 1 -
Trump tariffs threaten pharmaceuticals
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump tariffs could upend pharma supply chain The hefty tariffs President-elect ...The Hill - Dec. 31