New US oil sanctions will impose costs on Russia

The outgoing Biden administration has imposed new sanctions on Russia's oil industry

You must be signed in to read this analysis

Sign in Sign up to our newsletter

In this article

  • Immediate impact on Russian crude flows
  • Adjustment to the new sanctions regime will be costly
  • Impact of sanctions

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.