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US Weaponizes Oil Sanctions to Fracture BRICS Energy Alliance
US Weaponizes Oil Sanctions to Fracture BRICS Energy Alliance
22
1
BTCCSquare news:
The Biden administration's October 2025 sanctions against Rosneft and Lukoil represent a calculated strike against Russia's 3.1 million barrel/day crude exports - 70% of its overseas sales. Treasury's November 21 wind-down deadline forces Delhi and Beijing to choose between discounted Urals crude and US trade relations, with India facing 50% tariffs and China 30% levies on American exports.
"This isn't an export ban but a profit squeeze," notes Rapidan Energy's Bob McNally, as Washington pressures financial institutions with secondary sanctions. The MOVE strategically targets the BRICS energy axis, where Chinese giants like Sinopec and CNOOC had become key outlets for sanctioned Russian oil.
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