Trump Team Readies Oil Sanctions Plan for Russia Deal

Ratcheting up sanctions on Russian oil may be the key to Trump's plan to end the war in Ukraine
"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.
Trump Treasury pick Bessent backs Fed independence, dollar, sanctions on Russian oil
President-elect Donald Trump's pick for Treasury secretary, Scott Bessent, said on Thursday that the dollar should remain the world's reserve currency, the Federal Reserve should stay independent and that he is ready to impose tougher sanctions on Russia's oil sector.
Trump Team Readies Oil Sanctions Plan for Russia Deal, Iran Squeeze
Advisers to President-elect Donald Trump are crafting a wide-ranging sanctions strategy to facilitate a Russia-Ukraine diplomatic accord in the coming months while at the same time squeezing Iran and Venezuela,
Oil Sanctions: Trump's Leverage in Ukraine-Russia Conflict?
The Trump administration is crafting a sanctions strategy aimed at achieving a Russia-Ukraine peace deal while maintaining pressure on Iran and Venezuela, but faces challenges due to Biden's existing sanctions and the complexities of the conflict.
Trump administration plots tougher sanctions on Russian oil
The newly inaugurated President of the USA, Donald Trump, is laying the groundwork for a future agreement between Russia and Ukraine. The key mechanism is expected to be even stricter sanctions aimed at persuading Vladimir Putin to negotiate.
Bessent says he’ll seek tougher Russian oil sanctions if Trump asks
The Treasury secretary nominee supports tightening sanctions on the Russian oil sector “to levels that would bring the Russian Federation to the table.”
Oil Prices Are Up, But Oil Stocks Are Not. Why Energy Markets Have Gotten So Unpredictable.
Crude prices are up, in part, on new U.S. sanctions on Russian oil. But sanctions have proven not be a good reason to invest.
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Crude Oil Prices3h
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