Sanctions have choked Russia's oil industry, a key source of Kremlin funds, Treasury finds

cbsnews.com/news/sanctions-choked-russia-oil-industry-a-key-source-of-kremlin-funds

A Treasury Department analysis indicates that new U.S. sanctions on Russian oil producers have sent prices there tumbling, choking off a key revenue source that Russia has used to fund its war in Ukraine.

This story appeared on cbsnews.com, 2025-11-20 22:53:32.
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