Oil at 4-Month High Amid New Sanctions on Russia

The US keeps hitting Putin's war chest with energy sanctions. The impact goes beyond Russia.
China and India may seek oil from other regions, while Russia might offer discounts.
Oil jumps as new US sanctions to curb Russian supply to China, India
Oil prices extended gains for a third session on Monday, with Brent rising above $80 a barrel to its highest in more than ...
US sanctions top Hungarian official for alleged corruption while in office
A senior Hungarian government official close to Prime Minister Viktor Orbán was on Tuesday hit with U.S. sanctions for his ...
US targets Venezuela oil company chief, others with sanctions
The United States issued new Venezuela-related sanctions on Friday, including measures targeting state oil company PDVSA ...
Hungary plans talks with allies to combat higher oil prices after new US sanctions on Russia
Hungary plans to hold talks with regional allies to counter the impact of higher oil prices resulting from a new round of US ...
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New US Sanctions Take 'Sweeping Action' Against Russia's Energy Sector
New U.S. sanctions took "sweeping action" against Russia's energy sector on Friday. "The United States is taking sweeping action against Russia's key source of revenue for funding its brutal and ...
China protests US sanctions for its alleged role in hacking, complains of foreign hacker attacks
China has slammed a decision by the U.S. Treasury to sanction a Beijing-based cybersecurity company for its alleged role in ...
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US sanctions top Hungary minister over 'corruption'
The United States announced sanctions against the head of Hungarian Prime Minister Viktor Orban's cabinet on Tuesday for his ...
Venezuela condemns new US and European sanctions
Venezuela on Saturday condemned new sanctions that the U.S., Britain, and the European Union imposed the previous day, when ...