US plans more sanctions on tankers carrying Russian oil, sources say

  • Posted on January 6, 2025
  • By Business News Today
  • 2 Views
US plans more sanctions on tankers carrying Russian oil, sources say

The Biden administration plans to impose more sanctions on Russia, targeting oil revenues by acting against tankers carrying Russian crude. The new measures aim to support Ukraine and involve sanctions on vessels transporting oil sold above $60 per barrel. The U.S. has informed India's foreign ministry about these upcoming sanctions.
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