The Biden Administration Is Considering More Sanctions Against Russia

The Biden administration is mulling over additional sanctions against Russia’s oil industry ahead of President-elect Donald Trump’s inauguration in January, Bloomberg has reported, citing unnamed sources as saying there was a perception this would weaken President Vladimir Putin ahead of Trump’s taking office. Per the Bloomberg sources, the details of the new sanctions were being hammered out at the moment but the target would likely be some Russian oil exports. The plan is driven by fears that when Trump comes into office he…