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OIL: Biden Administration Considering Greater Russia Energy Sanctions

OIL
Commodities TechEnergy BulletsBulletEnergy Technical AnalysisCommodities

The Biden Administration is looking to tighten sanctions on Russia as a parting blow to Putin the Washington Post reports. 

  • The administration is considering major new financial sanctions on energy, in part to give the new Trump team leverage in Ukraine talks. But Biden may not want to drive gas prices up, even in his final days it reports.
  • Further details are unclear at present and the source led piece has limited information. 
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The Biden Administration is looking to tighten sanctions on Russia as a parting blow to Putin the Washington Post reports. 

  • The administration is considering major new financial sanctions on energy, in part to give the new Trump team leverage in Ukraine talks. But Biden may not want to drive gas prices up, even in his final days it reports.
  • Further details are unclear at present and the source led piece has limited information.