LONDON—Some of the West’s biggest oil companies could find themselves in the crosshairs of sanctions now being drafted by their home governments against Russia. The US and Europe aren’t weighing sanctions against Russian exports of oil and natural gas directly given concern they could increase already high energy costs in Europe. But officials have outlined … Read more
WASHINGTON — The Biden administration is narrowing its targets for a barrage of economic sanctions against Russia if it attacks Ukraine — hitting major Russian banks, state companies and needed imports, though the strategy faces obstacles that have hindered previous pressure campaigns. Administration officials said the planned actions are being finalized and are unparalleled in … Read more
The Biden administration is moving to tighten enforcement of sanctions against Iran, according to senior U.S. officials, the first sign that Washington is increasing economic pressure on Tehran as diplomatic efforts to restore the 2015 nuclear deal falter. According to senior State and Treasury officials, the United States will next week send a top-level delegation, … Read more