- US sanctions more than 180 tankers in Russia’s shadow fleet
- Sanctions Gazprom Neft and Surgutneftegas
- Senior Biden official says he expects sanctions to cost Russia upwards of billions of dollars per month
- Expects Russia to make every effort to circumvent sanctions but costs of doing so will pile up
- Sanctions also target dozens of traders, oil-field services and Russian energy officials
This was leaked earlier and brent crude is up $2.73 to $79.65.
This article was written by Adam Button at www.forexlive.com.