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Listen: US sanctions policy: Russia, Iran, Venezuela, oh my!

  • Featuring
  • Jasmin Melvin    Jeff Mower
  • Commodity
  • Oil
  • Length
  • 19:05
  • Topic
  • US Policy War in Ukraine

The war in Ukraine has raged on for over a year now with no signs of Russian president Vladimir Putin backing down despite the onslaught of sanctions that continue to hit the Russian economy. A major target has been the Kremlin's oil and gas revenues, but efforts to cut that income source are complicated by Russia's outsized role in global oil markets.

Brian O'Toole, a nonresident senior fellow with the Atlantic Council, joined the podcast to discuss oil sanctions policy and how the US strategy against Russia is faring. He also addressed the upcoming review of the price cap on Russian seaborne crude and provided an update on where US oil sanctions policy may head in Venezuela and Iran.

Stick around after the interview for Jeff Mower with the Market Minute, a look at near-term oil market drivers.

Related content:

Squeezing Russia's oil, gas revenues further may prove difficult, experts tell US senators (premium content)

US looks to tighten oil sanctions enforcement on Iran, de-escalate nuclear progress

US, UK crack down on Russian energy officials, future energy capabilities year after Ukraine invasion (premium content)

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