Published by Global Banking and Finance Review
Posted on December 17, 2025
1 min readLast updated: January 20, 2026
The US is preparing new sanctions on Russia's energy sector if Putin rejects a peace deal with Ukraine, according to Bloomberg News.
Dec 17 (Reuters) - The United States is preparing a further round of sanctions on Russia's energy sector to increase the pressure on Moscow should President Vladimir Putin reject a peace agreement with Ukraine, Bloomberg News reported on Wednesday, citing people familiar with the matter.
Reuters could not immediately confirm the report.
(Reporting by Gnaneshwar Rajan in Bengaluru, Editing by Louise Heavens)
The energy sector encompasses industries involved in the production and distribution of energy, including oil, gas, coal, and renewable sources like solar and wind power.
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