US mulls ‘aggressive’ sanctions on Russian oil

The restrictions could target some crude exports and Russia’s tanker fleet, the outlet has said US President Joe Biden’s administration is preparing harsher sanctions against Russian oil just weeks before Donald Trump returns to the White House, Bloomberg has reported. The details of the new restrictions are yet to be finalized, but Washington is looking to target some Russian oil exports, the outlet said on Wednesday, citing people familiar with the matter. While the US has already banned imports of Russian oil, Biden had long been reluctant to take a more aggressive action against the country’s crude due to fea

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