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Russian oil giants sanctioned by US in sweeping action against energy sector

( January 10, 2025, 15:40 GMT | Official Statement) -- MLex Summary: The US Treasury Department took sweeping action to fulfill the G7 commitment to reduce Russian revenues from energy, including by blocking Gazprom Neft and Surgutneftegas, two major Russian oil producers. Alongside Gazprom Neft and Surgutneftegas, OFAC is designating more than two dozen Gazprom Neft and Surgutneftegas subsidiaries. The UK is also sanctioning the Russian energy giants, Treasury noted....

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