The United States imposes wide-ranging sanctions on the Russian oil sector

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The Biden administration on Friday issued sweeping sanctions targeting Russia’s energy sector, definitively targeting Moscow’s oil revenues just days before Donald Trump takes office.

The measures include imposing sanctions on the two Russian oil companies, Gazprom Neft and Surgut Neftegaz, and blacklisting 183 ships involved in Russian energy exports. Dozens of traders, Russian oilfield service providers and energy officials were also targeted, according to a notice published by the US Treasury Department.

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