Lame Duck Biden Imposes New Russian Sanctions Now That Energy Prices, Ukraine War Escalation Won’t Hurt Dems

The Biden administration announced major sanctions against the Russian ⚡Energy sector on Friday, escalating tensions with Russia in its final days now that further ⚡Energy inflation cannot hurt Democrats politically in the near-term.

The actions unveiled Friday are the “most significant” sanctions targeting the Russian ⚡Energy sector from the Biden administration to date, and they target two of Russia’s four biggest oil producers, dozens of oilfield service companies, more than 150 vessels from Russia’s shadow fleet of oil tankers and more, according to the White House. The major lame duck move against Russia figures to inflame tensions between Moscow and the West ahead of the return of President-elect Donald Trump, who has been vocal about his desire to find a solution to the bloody Russia-Ukraine war.

“Some will ask why we waited for the end of the Administration to introduce sanctions on Russian oil. It’s a fair question. The answer is this: for sanctions to be successful, they must be sustainable. That doesn’t mean they should be costless – sanctions never are – but to succeed they must impact the target more than they damage the U.S. and global economy,” the White House said. “Until recently, we were constrained by tight supply in global