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Biden levies new sanctions against Russian energy sector, but it's up to Trump whether to keep them

  • The Biden administration announced new sanctions against Russia's energy sector, targeting oil and liquefied natural gas, to respond to the ongoing war in Ukraine.
  • The sanctions could cost the Russian economy billions of dollars each month and target over 180 oil-carrying vessels.
  • Both the U.S. And the U.K. Are targeting major Russian oil producers, including Gazprom Neft and Surgutneftegas, to increase economic pressure.
  • It remains unclear if the incoming Trump administration will maintain these sanctions, as Trump has expressed a desire to end the conflict quickly.
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  • 48% of the sources lean Left
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