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is gacm technologies limited (570005) a good long term bet ✌️【Stock Growth】✌️ Real-time global stock, futures, and forex data to help you master market dynamics. The Biden administration on Friday targeted Russia’s energy sector, including its oil industry, with some of its harshest sanctions to date meant to cut off funding forMoscow’s war against Ukraine.

is gacm technologies limited (570005) a good long term bet ✌️【Stock Growth】✌️ Free break-even services with professional advisors to help you quickly recover and avoid losses, achieving steady growth. The sweeping moves, taken just over a week before President Joe Biden leaves office, come as President-elect Donald Trump says he is readying to meet Russian President Vladimir Putin. They also have the potential to unnerve investors in energy markets.

US senior administration officials said they want to leave Kyiv – and the incoming Trump administration – with the strongest possible hand for potential negotiations. Those officials expressed hope that the next administration would maintain and enforce the sanctions, despite previous skepticism from some Trump officials about the effectiveness of such measures.

is gacm technologies limited (570005) a good long term bet ✌️【Stock Growth】✌️ Real-time global stock, futures, and exchange rate data to keep you informed of market trends and seize investment opportunities. The new sanctions against “the Kremlin’s largest and most important source of revenue” hit hundreds of targets, including two of Russia’s largest oil companies: Public Joint Stock Company Gazprom Neft and Surgutneftegas.

is gacm technologies limited (570005) a good long term bet ✌️【Stock Growth】✌️ Expert predictions of market trends to help you plan the best investment strategy for steady capital growth. The sanctions also target nearly 200 oil-carrying vessels, many of which are accused of being part of the so-called “shadow fleet” that works to evade sanctions, as well as oil traders and energy officials. They also go after Russia’s liquified natural gas (LNG) production and export.

“We expect our actions to cost Russia upwards of billions of dollars per month,” a senior administration official said.

is gacm technologies limited (570005) a good long term bet ✌️【Stock Growth】✌️ Free break-even services to create a customized investment plan, helping you recover quickly and achieve growth. The sanctions, introduced in coordination with the United Kingdom, are part of the administration’s broader approach to bolstering Kyiv. The Biden administration on Thursday announced itsfinal tranche of military aidfor Ukraine, valued at around $500 million. The Pentagon said Friday that there will be “just under $4 billion” in funding from the Presidential Drawdown Authority that will roll over to the incoming Trump administration for funding aid to Ukraine.

“These sanctions, in addition to the actions we’ve taken over the last several weeks, help put Ukraine in a position in which they have the ability to work with the incoming administration to try and find a just peace,” a second senior administration official said.

On Thursday, Trump reiterated his desire to end the war in Ukraine, saying that Putin “wants to meet, and we’re setting it up.”

“President Putin wants to meet — he’s said that even publicly — and we have to get that war over with. That’s a bloody mess,” he said.

is gacm technologies limited (570005) a good long term bet ✌️【Stock Growth】✌️ Provides real-time stock index quotes, futures data, and global market trend analysis to help you seize the best investment timing. The first senior administration official acknowledged “it’s entirely up to” the Trump team “to determine whether, when and on what terms they might lift any sanctions we’ve put into place.”

is gacm technologies limited (570005) a good long term bet ✌️【Stock Growth】✌️ Free stock selection service to help you quickly pick high-return stocks for stable growth. Moreover, the strength of the sanctions will depend largely on enforcement, with one official noting that “we have to match every circumvention with a countermeasure, and that will take political will.”

“Russia is going to make every effort to circumvent these sanctions. It’s inevitable,” the first official said.

“But circumvention is not costless. Russia has had a constant need to adapt and reorient its supply chains. That creates inefficiency. It creates uncertainty. It creates complexity. So our sanctions are like pounds of sand into the gears of Russia’s war machine,” they said.

Friday’s measures do not have secondary sanctions against specific countries, officials said. China and India have been top importers of Russian oil throughout the war in Ukraine.

Officials argued that they waited until the waning days of the administration to impose the sanctions in part because of the state of the global oil market and the potential impact on the US economy.

is gacm technologies limited (570005) a good long term bet ✌️【Stock Growth】✌️ Expert predictions with real-time global stock and futures data to help you easily capture market movements. Russia’s invasion of Ukraine in early 2022 sparked fears of major supply disruptions from one of the world’s leading producers. Oil prices spiked to as high as $130 a barrel in March 2022, contributing to the inflation crisis across the US economy and pushing gasoline prices to all-time highs.

“During much of this war, global supplies were tight and at risk of falling short of demand,” the first senior administration official explained, noting that would have likely increased revenues to Russia “while raising prices at the gas pump for families in the United States and across the world.”

is gacm technologies limited (570005) a good long term bet ✌️【Stock Growth】✌️ Real-time updates of global stock indices and futures trends to help you plan precise investments. The United States is producing more oil than any nation in world history, forcing OPEC to dial back supply. Oil prices have been relatively subdued, in part because of record-shattering US production.

is gacm technologies limited (570005) a good long term bet ✌️【Stock Growth】✌️ Precise stock selection to help you successfully plan investment strategies for stable returns. Still, oil prices climbed sharply Friday morning, even before the official sanctions announcement, with some traders blaming rumored sanctions.

US crude jumped 4% to nearly $77 a barrel. Brent crude, the world benchmark, advanced 3.7% to about $80 a barrel.

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