Oil Rises on Looming US Russia Sanction Threats

Oil Rises on Looming US Russia Sanction Threats

Trump is seriously considering a global oil embargo against Russia — The Times: EADaily

EADaily, July 11th, 2025. US President Donald Trump is exploring the possibility of imposing tough secondary sanctions against countries that trade oil with Russia, including China, India and Turkey. It is reported by The Times.

Oil rises as Trump threatens more sanctions

Donald Trump has raised prospect of more sanctions on Russia

Oil prices rise amid threat of new US sanctions against Russia

Trump hints at sanctions for Russian crude, oil prices go up

West Texas Intermediate advanced almost 3% to settle above $68 a barrel after U.S. President Donald Trump said he plans to make a “major statement” on Russia on Monday and reiterated criticism of President Vladimir Putin.

Crude Prices Jump on Speculation About New US Sanctions on Russian Oil Exports