Loading...
Market
Impact of new U.S. sanctions on Russian oil revenues by end of 2025?
1
Resolution / Starting Odds
Significant decrease • 25%
Moderate decrease • 25%
No significant change • 25%
Increase • 25%
Reports from financial analysts or major international news outlets
Story
U.S. Treasury Eyes Sanctions on Russia, Chinese Banks to Curb Oil Revenues
Dec 15, 2024, 11:29 PM
The U.S. Treasury, under Secretary Janet Yellen, is considering new sanctions aimed at reducing Russian oil revenues. These measures include potential sanctions on Chinese banks linked to Russia's defense industry and a possible reduction of the $60-per-barrel oil price cap on Russian oil. Yellen has indicated that the U.S. is looking at further sanctions on 'dark fleet' tankers, which are used by Russia to evade Western sanctions on oil sales. The U.S. aims to limit Russia's income from oil sales, which could strengthen Ukraine's position in the ongoing conflict. These potential actions are part of a broader strategy to curb Russia's financial support for its military activities, with discussions ongoing with Chinese authorities to detect and address the actions of financial institutions supporting Russia's war effort.
View original story
Similar markets
Significant decrease (over 20%) • 25%
Moderate decrease (10-20%) • 25%
Slight decrease (under 10%) • 25%
No significant change • 25%
Significant economic downturn • 25%
Moderate economic impact • 25%
Minimal economic impact • 25%
Economic growth • 25%
Increase significantly (above $80 per barrel) • 25%
Increase moderately ($70-$80 per barrel) • 25%
Remain stable ($65-$70 per barrel) • 25%
Decrease (below $65 per barrel) • 25%
Increase by more than 10% • 25%
Increase by 5-10% • 25%
No significant change • 25%
Decrease • 25%
Decrease by more than 10% • 25%
Decrease by 5-10% • 25%
Decrease by less than 5% • 25%
No significant change • 25%
Yes • 50%
No • 50%
Significantly Decreased • 33%
Moderately Decreased • 33%
No Significant Change • 33%
Significant reduction in international transactions • 25%
Increased domestic financial instability • 25%
Minimal impact • 25%
Increased reliance on non-Western financial systems • 25%
European Union • 25%
China • 25%
India • 25%
Other • 25%
Significant impact • 25%
Moderate impact • 25%
Minimal impact • 25%
No impact • 25%
Crude oil • 25%
Refined products • 25%
Natural gas • 25%
Other • 25%
