Unpacking Recent Sanctions on Russian Oil

Unpacking Recent Sanctions on Russian Oil

Last week, President Trump announced that he was imposing significant new sanctions on Russia. It's an effort to cut off revenue Russia needs for its war in Ukraine. This comes at a time when Russia's oil industry is also under pressure from intensifying Ukrainian attacks on refineries, crude pipelines, and export terminals.

It's also happening as producers have been ramping up output amid signs of cooling demand growth. Yet the sanctions could still bite. Especially given that the Treasury sanctions announcement came with the explicit warning that secondary sanctions—targeting buyers of Russian crude oil from these companies—could be coming next.

So why did Trump take this step now? Will these sanctions be strongly enforced? What's the point of these sanctions? And what do they mean for global energy flows, energy markets and geopolitics?

This week, we are sharing a recording of a Rapid Response webinar from Monday, October 27, in which Jason Bordoff spoke with three experts from the Center on Global Energy Policy — Richard Nephew, Tatiana Mitrova, and Daniel Sternoff — about these new Russian oil sanctions.

Richard Nephew is senior research scholar at the Center on Global Energy Policy and a former U.S. Deputy Special Envoy for Iran. Tatiana Mitrova is a global fellow at the Center and has deep expertise in Russian and global energy markets. Daniel Sternoff is a senior fellow at the Center. He also leads Energy Aspects' executive briefing service.

Credits: Hosted by Jason Bordoff and Bill Loveless. Produced by Mary Catherine O'Connor, Caroline Pitman, and Kyu Lee. Engineering by Gregory Vilfranc.

Avsnitt(100)

Jigar Shah Wants to Depoliticize Energy

Jigar Shah Wants to Depoliticize Energy

As political support for clean energy has waxed and waned over the past twenty years, so has the government's financial backing. In the 2010s, critics pointed to the failed solar startup Solyndra, whi...

3 Feb 1h 2min

Michael Webber on What's Behind Rising Energy Costs

Michael Webber on What's Behind Rising Energy Costs

With electricity prices on the rise, the future of our power grid is attracting a lot more attention. Surging demand is at the center of the story, but the power sector is also grappling with supply c...

27 Jan 1h

Reporters' Roundtable: What's Driving US Energy Policy News in 2026?

Reporters' Roundtable: What's Driving US Energy Policy News in 2026?

From the affordability crisis and the data center boom, to the US government's campaign to reinvigorate the Venezuelan oil market, energy is dominating headlines in unusual ways.  And that's all happe...

20 Jan 49min

Anja Manuel on the Next Era of Great Power Competition

Anja Manuel on the Next Era of Great Power Competition

Great power competition—particularly between the United States and China—is intensifying. This rivalry is reshaping everything from technology supply chains and energy security to the future of artifi...

13 Jan 50min

Oil and Venezuela: What's Next?

Oil and Venezuela: What's Next?

Early on January 3, 2026, the United States apprehended Venezuelan President Nicolás Maduro and his wife and removed Maduro from power. Maduro was transported to New York, where he now faces federal c...

6 Jan 52min

Editor's Pick: Sean Casten on US Energy Policy in a Partisan Era

Editor's Pick: Sean Casten on US Energy Policy in a Partisan Era

This has been a crucial year for US energy policy. The passage of the One Big Beautiful Bill Act eliminated many of the clean energy incentives that were centerpieces of Biden-era climate policy.  The...

30 Dec 202559min

Luisa Palacios and Eddie Fishman on the US Pressure Campaign on Venezuela's Oil

Luisa Palacios and Eddie Fishman on the US Pressure Campaign on Venezuela's Oil

Over the past week, President Trump has intensified pressure on Venezuelan president Nicolás Maduro by targeting the regime's economic lifeline—oil. The United States has seized two oil tankers and is...

23 Dec 202557min

From Hot Rocks to Clean Power: Roland Horne on the Future of Geothermal

From Hot Rocks to Clean Power: Roland Horne on the Future of Geothermal

If it seems like you're hearing a lot more about geothermal energy lately, that's because this clean, firm energy source is at a technological turning point. With roots in the 1970s, enhanced geotherm...

16 Dec 202538min

Populärt inom Business & ekonomi

framgangspodden
varvet
badfluence
svd-tech-brief
rss-jossan-nina
rss-borsens-finest
uppgang-och-fall
avanzapodden
bathina-en-podcast
rss-svart-marknad
fill-or-kill
lastbilspodden
borsmorgon
rss-inga-dumma-fragor-om-pengar
tabberaset
rss-dagen-med-di
rikatillsammans-om-privatekonomi-rikedom-i-livet
24fragor
affarsvarlden
rss-den-nya-ekonomin