Biden is expected to ban Russian oil imports into the United States. Follow live updates.WASHINGTON — President Biden came under pressure on Monday to ban Russian oil imports into the […]
Embargoes and Sanctions
Trending topics and news from the Embargoes and Sanctions category
Back to news homeFor German Firms, Ties to Russia Are Personal, Not Just Financial
BERLIN — When Peter Fenkl heard that Russia had invaded Ukraine, he said his first thoughts were not for the business his German company stood to lose in either country, […]
Economic Ties Among Nations Spur Peace. Or Do They?
Russia’s war in Ukraine is not only reshaping the strategic and political order in Europe, it is also upending long-held assumptions about the intricate connections that are a signature of […]
Ukrainian Invasion Adds to Chaos for Global Supply Chains
And if the conflict is prolonged, it could threaten the summer wheat harvest, which flows into bread, pasta and packaged food for vast numbers of people, especially in Europe, North […]
How Sanctions on Russia Are Affecting the Global Economy
In the span of just a few days, the global economic outlook has darkened while troops battled in Ukraine and unexpectedly potent financial sanctions rocked Russia’s economy and threatened to […]
Russians Face Sanctions and Anxieties of a Costly War
MOSCOW — For two decades under President Vladimir V. Putin, Russians reaped the bounties of capitalism and globalization: cheap flights, affordable mortgages, a plethora of imported gadgets and cars.On Monday, […]
Russia and China Cemented Economic Ties Before Ukraine Invasion
“If they don’t comply with the U.S., they’re in trouble with the U.S., but if they don’t comply with China, they could also face penalties in China,” he said.Of course, […]
Why the Toughest Sanctions on Russia Are the Hardest for Europe to Wield
The punishing sanctions that the United States and European Union have so far announced against Russia for its invasion of Ukraine include shutting the government and banks out of global […]
Stocks and Energy Markets Whipsaw After Russian Attack on Ukraine
Combined with the sanctions announced Thursday, Mr. Biden said, these measures “will so weaken” Russia that it will give Mr. Putin “some difficult decisions.”Mr. Putin has been pushing for more […]
Russia Could Use Cryptocurrency to Mitigate U.S. Sanctions
When the United States barred Americans from doing business with Russian banks, oil and gas developers and other companies in 2014, after the country’s invasion of Crimea, the hit to […]