U.S. Sanctions Threaten Russian Energy Sector Stability

The Kremlin has denounced recent U.S. sanctions targeting the Russian energy sector, warning of global market instability. In response, Russia pledges efforts to mitigate these impacts. The U.S. sanctions, aimed at reducing Russia's war funding in Ukraine, affect key companies and vessels, prompting China and India to seek alternative oil supplies.

The Kremlin has voiced strong objections following the latest U.S. sanctions imposed on the Russian energy sector. The move, Moscow claims, could destabilize global markets, prompting efforts to minimize the sanctions' economic fallout.

The restrictions target significant Russian oil producers, potentially costing them billions. In response, the Kremlin emphasizes the pursuit of strategies to counteract these 'illegal' decisions.

The sanctions have also led China and India to seek new crude oil sources, as they heavily depend on Russian exports. Experts warn that shifts in supply routes are inevitable as international energy markets react to these challenges.

(With inputs from agencies.)