The Biden administration on Friday targeted Russia’s energy sector, including its oil industry, with some of its harshest sanctions to date meant to cut off funding for Moscow’s war against Ukraine.
Biden administration officials say the sanctions are being imposed now because they are not likely to add to inflation
January 20 will see the conclusion of the most extraordinary episode in the history of the American presidency. For the last four years, the supposed president, Joe Biden, has been the man who
Oil prices surged on Friday and were on track for a third straight week of gains as traders focused on potential supply disruptions from more sanctions on Russia. Brent crude futures gained $2.50, or 3.
The Biden administration has announced the final tranche of military aid it will send to Ukraine, amounting to about $500 million.
The United States announced widespread sanctions against Russia's energy sector Friday, designating more than 180 ships and two major oil companies just days before outgoing President Joe Biden leaves office.
Biden was scheduled to leave Thursday afternoon for a three-day trip to meet with Pope Francis and Italian President Sergio Mattarella and Prime Minister Giorgia Meloni.
President Joe Biden’s administration plans one additional round of restrictions on the export of artificial intelligence chips from the likes of Nvidia Corp. just days before leaving office, a final push in his effort to keep advanced technologies out of the hands of China and Russia.
The United States announced widespread sanctions against Russia's energy sector Friday, designating more than 180 ships and two major oil companies just days before outgoing President Joe Biden leaves office.
The Biden administration on Thursday unveiled outgoing President Joe Biden's final military aid package for Ukraine.
"The whole [Trump] team is obsessed with strength and looking strong, so they’re recalibrating the Ukraine approach," one European official told the Financial Times.