The new sanctions target "Russia's key source of revenue" for funding its war against Ukraine, Treasury Secretary Yellen said.

Ukrainian President Zelenskyy says he is confident sanctions will ‘significantly reduce Russia’s petrodollar income’.

The Biden administration has imposed some of its toughest sanctions yet on Russia, in a move designed to hit Moscow's energy revenue that is fuelling its war in Ukraine. The measures target more than ...

WASHINGTON--China should help end Russia’s “heinous war” in Ukraine or face a loss of its standing in the world, U.S. Treasury Secretary Janet Yellen said on Wednesday, warning that those ...

Advertisement "The United States is taking sweeping action against Russia's key source of revenue for funding its brutal and illegal war against Ukraine," Secretary of the Treasury Janet Yellen ...

Ukraine has received the first $3 billion ... U.S. Treasury Secretary Janet Yellen emphasized that the sanctions will increase risks to shipping and financial services supporting Russia's oil ...