---
title: "The United States will impose more sanctions on Russia as oil prices soar to a three-month high"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/224596046.md"
description: "Oil prices surged to a three-month high as the market digested the upcoming new sanctions the United States will impose on Russia, with Brent crude futures briefly rising to $79.77 per barrel. The new sanctions will target over 180 tankers transporting Russian oil and their marine insurance providers, potentially restricting the use of Russian vessels. Analysts pointed out that this will increase the risk of supply shortages during the peak winter demand period, while the decline in U.S. crude oil inventories and cold weather also supported the market"
datetime: "2025-01-10T14:32:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/224596046.md)
  - [en](https://longbridge.com/en/news/224596046.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/224596046.md)
generator: "portal-rs"
---

# The United States will impose more sanctions on Russia as oil prices soar to a three-month high

According to Zhitong Finance APP, oil prices soared to a three-month high on Friday as the market digested a report stating that Indian refiners are preparing for new sanctions to be implemented by the United States, which could affect oil supplies from Russia.

Brent crude futures briefly rose to $79.77 per barrel. According to foreign media citing unnamed sources in the Indian refining industry, the new stricter measures will target more than 180 tankers transporting Russian oil and the country's maritime insurance providers.

Although the market has long anticipated that the United States may impose more sanctions on Russia, the specific scope has remained unclear. This action targeting such a large number of tankers could limit the number of vessels available for Russia's use.

Ole Hansen, head of commodity strategy at Saxo Bank, stated, "The additional U.S. sanctions on the Russian oil and insurance industries are fueling the market, as this increases the likelihood of supply reductions during the peak winter demand period."

Additionally, factors such as the decline in U.S. crude oil inventories, reduced Russian maritime exports, and cold weather have also provided support to the market. The spot price spread for Brent crude (the price difference between the two nearest contracts) widened to 99 cents per barrel, indicating a bullish backwardation pattern. A month ago, this spread was only 29 cents

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**