Biden Considers New Sanctions Targeting Russia's Energy Sector in Final Weeks

The proposed measures aim to weaken Russia's oil export revenues and bolster Biden's foreign policy legacy as he prepares to leave office.

President Joe Biden is reportedly weighing new sanctions on Russia's 'dark fleet' of tankers used to transport oil to non-Western nations.
The sanctions under consideration include blacklisting additional Russian oil exporters and revoking licenses for banks processing energy-related transactions.
Officials suggest the measures could reduce Russia's energy export revenues by double digits within six to twelve months if implemented.
The move is seen as a final effort to undermine Vladimir Putin's war funding and provide leverage for President-elect Donald Trump in future negotiations with Russia.
Biden's administration sees this as an opportunity to leave a lasting mark on U.S. foreign policy, with global oil price stability enabling tougher actions.