Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Channel 12: Airspace closed at Ramon Airport due to fears of drone infiltration
IOF Spokesperson: Sirens sounded over an aircraft infiltration in the Bir Ora area, and details are being examined
Drone infiltration sirens sound north of the Gulf of Aqaba
Al Mayadeen's correspondent in Gaza: The Israeli occupation carried out five extremely violent raids on the western areas of Gaza City
Al Mayadeen's correspondent in Gaza: The Israeli occupation carried out major bombings in the Gaza Strip, the most violent since October 7
Yemeni Armed Forces spokesperson Brigadier General Yahya Saree: The missile force carried out a major operation using the Palestine 2 ballistic hypersonic missile, hitting several targets in occupied Yafa.
Sirens sound in large areas of occupied Palestine after a missile launch from Yemen was detected
Al Mayadeen's correspondent: 14 martyrs arrive at al-Shifa Hospital following Israeli massacre of al-Sultan Family north of Gaza.
Qatari PM: We must not surrender to the arrogance of extremists and pursue our quest for a 'two-state solution'
Qatari PM: The only path to peace begins through negotiations and a ceasefire

US won’t sanction Russian oil exports

  • By Al Mayadeen Net
  • Source: Agencies
  • 25 Feb 2022 22:31
  • 2 Shares
2 Min Read

The US claims to avoid sanctions on Russian crude oil to avoid a surge in global oil costs. Meanwhile, the US imported more gasoline and other refined petroleum products from Russia than any other country in 2021.

  • x
  • Russia is United States’ top source of imported gasoline.
    Russia is the United States’ top source of imported gasoline.

Special Envoy and Coordinator for International Energy Affairs Amos Hochstein told Bloomberg that the US will not impose sanctions on Russian crude exports to avoid a surge in global oil costs.

"The sanctions will not target the oil flows as we go forward," Hochstein said.

Furthermore, he added: "If we target the oil and gas sector for [President Vladimir] Putin, and in this case the Russian energy establishment, the prices would spike," which means that the US and its allies would "suffer the consequences."

Related News

Poland deploys jets after drone activity near Ukraine border

Trump demands NATO end Russian oil imports, tariff China

Earlier, International Monetary Fund (IMF) Managing Director Kristalina Georgieva said, on Friday, that sanctions imposed by the West on Russia may have an impact on the global economy due to increasing inflation caused by rising oil and grain prices.

Worries about global supply disruptions and US-European sanctions against Russia pushed global oil prices above $100 per barrel for the first time since 2014, while wheat, soybeans, and maize prices jumped to multi-year highs as well.

Inflation had already been sharply increasing in the US before last week's rise in oil and grain prices, with consumer prices rising at their fastest rate in 40 years in the 12 months to January.

It is worth mentioning that Russia owns 3% of its foreign currency in emerging market bonds, and a financial crisis there might spread to the rest of the market.

  • US
  • Russia
  • Ukraine
  • Crude oil
Russia & NATO

Russia & NATO

As the Draconian Western-led sanctions on Russia exacerbate the economic crisis worldwide, and as Russian troops gain more ground despite the influx of military aid into Ukraine, exposing US direct involvement in bio-labs spread across Eastern Europe and the insurgence of neo-Nazi groups… How will things unfold?

Most Read

The damaged building in the Katara neighborhood, Doha, Qatar, September 9, 2025 (Social media)

Hamas delegation survives Israeli assassination attempt in Qatar

  • Politics
  • 9 Sep 2025
Israeli police and rescue teams respond at the scene of a shooting attack where several people killed and injured in Jerusalem, Monday, Sept. 8, 2025 (AP)

Al-Quds shooting: 7 settlers killed, several critically injured

  • Politics
  • 8 Sep 2025
Pro-"Israel" conservative Charlie Kirk shot during Utah speech

Pro-'Israel' far-right Charlie Kirk shot dead during Utah speech

  • US & Canada
  • 11 Sep 2025
Damage sustained after a Yemeni drone exploded in Ramon Airport, southern occupied Palestine, Sunday, September 7, 2025 (Social Media)

Yemeni drone successfully hits Ramon Airport in southern Palestine

  • Politics
  • 7 Sep 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
Palestinians run for cover during an Israeli military strike on a building in Gaza City, Saturday, Sept. 13, 2025. (AP Photo/Yousef Al Zanoun)
Politics

Israeli bombs kill 45 in Gaza as schools, homes targeted

Lapid: Egypt’s Arab Force plan a 'severe blow' to normalization
Palestine

Lapid: Egypt’s Arab Force plan a 'severe blow' to normalization

Hamas: Over one million in Gaza face ethnic cleansing
Palestine

Over one million in Gaza face ethnic cleansing: Palestinian Resistance

Head of the National Security Committee in Iran’s Parliament, MP Ebrahim Azizi. (Tasnim News Agency)
Politics

Iran parliament security chief: NPT exit on table if snapback invoked

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS