US Strikes Russia’s Energy Sector with Major Sanctions Amid Ukraine War

WooGlobe 2025-01-11

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The United States has launched its most sweeping sanctions yet against Russia’s energy sector, targeting oil giants Gazprom Neft and Surgutneftegas, 183 fuel transport vessels, and 80+ individuals and entities tied to liquefied natural gas exports. Could this be a turning point in the Russia-Ukraine war?

:collision: Key Highlights:

Economic Hit: The sanctions are expected to cost Russia billions monthly by freezing U.S.-based assets and penalizing anyone aiding Russian oil trade.
Global Unity: The UK joined with similar sanctions just a day earlier, amplifying the impact.
Ukraine’s Response: President Zelenskyy praised the move, stating, Energy should never be used as a weapon.
Strategic Goal: U.S. Treasury Secretary Janet Yellen emphasized these sanctions strike at the heart of Russia’s war funding.
:globe_showing_Europe-Africa: What’s at Stake:
As the West pours billions into Ukraine’s defense, these sanctions aim to cripple Moscow’s ability to sustain aggression. Will they succeed in pushing Russia toward peace—or spark further tensions?
Location: London
WooGlobe Ref : WGA960164
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