US EditionHungary Says It Is Looking to Circumvent US Sanctions on Russian Oil and Gas Companies
7 Articles
7 Articles
Hungary says it is looking to circumvent US sanctions on Russian oil and gas companies
The United States Treasury Department on Wednesday imposed harsh sanctions on Russia's Open Joint Stock Company Rosneft Oil Company and Lukoil OAO, which could force Russia to close down its remaining oil pipelines to Europe.
The price of crude oil went up on Thursday, propelled by the US Ministry of Finance's announcement of sanctions against Russian oil groups Rosneft and Lukoil that could limit supply in the oil market. The post Energy: oil jumped after US sanctions on two Russian oil groups appeared first on LesEco.ma.
The European Union is preparing for a fundamental change in energy policy that could permanently alter the direction of oil flows from Russia.
Politico: Russian oil supplies to Hungary and Slovakia could be halted due to Trump - The US president's move could bring about a turnaround.
EXCLUSIVE. The new US sanctions against Russian oil cause panic among the employees of Litasco in Geneva, a subsidiary of Lukoil. They could also have an impact on the Azerbaijani company Socar, linked by a partnership with the Russian giant Lukoil and very present in Switzerland, notably in connection with the Migros.
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
