New actions by President Trump could put pressure on Moscow to end the war in Ukraine. Trump imposed long awaited sanctions on Russian oil companies Wednesday, the day after he called off a peace summit with Vladimir Putin in Budapest after they spoke on the phone. >> I think that they'll certainly have an impact there.They're massive sanctions and sanctions on oil. Uh the two biggest oil companies among the biggest in the world, but they're Russians. Every time I speak with Vladimir, I have good conversati ...

New US sanctions on Russian oil are designed to make its clandestine trade harder, more expensive and riskier. But will they bring Putin back to the negotiating table? https://t.co/XpOCKWMIAT ...

Heard on the Street: Like Iran, Russia is likely to find ways to evade U.S. sanctions on its energy exports https://t.co/9EehPhhJUM ...

The Treasury Department has sanctioned Colombia President Gustavo Petro and his family, alleging his government has aided drug traffickers https://t.co/NoTnzw1osG ...

Oil’s Big Jump Has Indecisive Traders To Thank, Not Just Sanctions https://t.co/iEMvlr4RTc ...

What's going to come from this meeting as we count down to these two getting in the same room, assuming it happens, can we expect at least the framework for a trade deal. Well, one would hope that's where it's going to go. We've seen an enormous amount of tension in the relationship over the last couple of months, and I think seeing that relief from Wall Street today, folks have the expectation that they will be able to cut some sort of deal.It's not clear we're going to be able to get that done. But I thin ...

From @WSJopinion: Tougher sanctions can drive up the cost of war for Putin, but they will be more powerful if they are accompanied by more weapons for Ukraine https://t.co/O6zjZJFdeS ...

Market Impact of Sanctions - US sanctions on Russian oil producers could remove 15 million to 25 million barrels per day from the market [2] - Enforced sanctions could lead to significantly higher oil prices, potentially reaching $80-$90 per barrel [4][5] - Even with workarounds and continued flows to China, Russian oil exports could still decrease by at least 1 million barrels per day, leading to higher prices [8] Sanction Enforcement and Workarounds - The market is skeptical about the enforcement of sanctions, as workarounds are often found [3][5] - Sanctions are considered more impactful than tariffs because banks and insurance companies become cautious, affecting funding and business dealings [10][11][12] - New entities in the Middle East may emerge to trade sanctioned volumes [7] Geopolitical Factors and Market Sentiment - The Trump administration may have imposed sanctions due to low oil prices [9] - The EU is coordinating with the US on sanctions, despite potential impacts on Western energy prices [13][14] - The market is skeptical that the West has the appetite for high energy prices, influencing price expectations [15] Short-Term and Long-Term Price Outlook - Oil prices may grind higher in the short term, with Brent potentially trading at $70 again [15] - Many traders believe the rally is temporary due to an oversupplied market expected in 2026 [16][17] - If sanctions are enforced after the November 21st deadline, a material increase in prices could be seen into 2026, but a sell-off is expected after the near-term increase [17]

show here. Russian President Vladimir Putin is responding to the news that the United States is imposing sanctions on Russia's largest oil company. Speaking to reporters in Moscow yesterday, Putin called the move an unfriendly act.He went on to say it is an attempt to put pressure on Russia but added no self-respecting country ever does anything under pressure. Putin brushed off the idea that sanctions will have a significant impact, but conceded that some losses are expected. According to the Wall Street J ...

Company Developments - Target (TGT) is eliminating 1,800 positions, approximately 8% of its corporate workforce, in response to a 36% decline in shares over the past year, aiming to enhance agility [3] - Rivian (RIVN) plans to lay off 600 employees and has settled a $250 million lawsuit [8] - Mondelez (MDLZ) intends to reduce marketing costs through the use of generative AI [8] - Intel (INTC) shows signs of turnaround progress in its latest earnings report [7] Industry Insights - Crude oil prices have stabilized above $60 per barrel after a significant increase, driven by new U.S. sanctions on Russian energy giants Rosneft and Lukoil, which have been largely unaffected since the onset of the Ukraine war [4] - The Trump administration's sanctions may complicate transactions for buyers of Russian crude, particularly for Indian and Chinese refiners, who may face additional risks and potential discounts [6] - Gas prices in the U.S. have fallen below $3 per gallon on average following OPEC+ production increases [5] Market Overview - In Asia, Japan increased by 1.4%, Hong Kong by 0.7%, and China by 0.7%, while India decreased by 0.4% [8] - In Europe, midday trading showed London down by 0.1%, Paris down by 0.5%, and Frankfurt down by 0.1% [8] - Futures indicate a slight increase with Dow up by 0.1%, S&P by 0.3%, and Nasdaq by 0.5% [8]