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 for Moscow’s war against Ukraine.

The Biden administration on Friday imposed its broadest package of sanctions yet targeting Russia's oil and gas revenues in an attempt to give Kyiv and the incoming administration of Donald Trump leverage to reach a deal for peace in Ukraine.

The Biden administration announced major sanctions against the Russian energy sector on Friday, escalating tensions with Russia in its final

The Biden administration has announced the final tranche of military aid it will send to Ukraine, amounting to about $500 million.

The outgoing administration has announced several new aid packages for Kyiv ahead of Donald Trump’s inauguration.

This aid package will include "additional missiles for Ukrainian air defense, more ammunition, more air-to-ground munitions, and other equipment to support Ukraine's F-16s," according to Secretary of Defense Lloyd Austin.

President Joe Biden's administration says it's expanding sanctions against Russia's critically important energy sector over its war in Ukraine.

Since Russia’s invasion of Ukraine in 2022, the U.S. has carefully calibrated its sanctions of the Russian energy sector, fearing a sharp rise in global oil prices and the cost

The United States and Britain on Friday announced sanctions against Russia's energy sector, including oil giant Gazprom Neft, just days before outgoing President Joe Biden leaves office. - Strong economy influenced timing - Friday's announcement comes just 10 days before US President Biden is due to step down,