US plans new sanctions against Russia in the oil sector to weaken Putin in front of Trump
Kyiv • UNN
The Biden administration is considering tougher sanctions against Russia's oil trade and shadow tanker fleet. The new restrictions may be similar to sanctions against Iran.
US President Joe Biden is looking for ways to blow up the Kremlin's War Machine. The restrictions will also affect the Russian shadow tanker fleet. This is reported by Bloomberg, reports UNN.
Details
The Biden administration is considering imposing new, tougher sanctions on Russia's lucrative oil trade, seeking to increase pressure on Russia's military apparatus weeks before Donald Trump returns to the White House.
Details of possible new measures are being worked out, but President Joe Biden's team is considering restrictions that may affect some types of Russian oil exports, Bloomberg reports, citing its own anonymous sources.
Biden has long resisted the move out of fear that it could trigger a jump in energy prices, especially in the run-up to last month's presidential election. But with falling oil prices amid global surpluses and growing fears that Trump could try to force Ukraine to make a quick deal with Russia to end its nearly three-year war, the Biden administration is now open to more aggressive action
One of the models of tougher US sanctions may be the introduction of restrictions similar to those on Iranian oil.
The administration is also considering new sanctions aimed at the tanker fleet that Russia uses to transport its oil. New restrictions on the so-called shadow fleet may be made public in the coming weeks
Such restrictions can lead to a sharp increase in oil prices in the shortest possible time, which will lead to tension in the global economy.
It will also increase tensions with both adversaries and partners through whom the US wants to restrict exports of sensitive goods such as chips and other technologies that fuel Russia's War Machine.
While these steps will be aimed at capitalizing on a weaker oil market, they will also be aimed at increasing pressure on Russia before Trump takes office. The president-elect has insisted on negotiations to end the war in Ukraine, and current officials say they want to give President Volodymyr Zelensky's government as much leverage as possible before any negotiations.
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