• 4 minutes Will Libya Ever Recover?
  • 9 minutes USGS Announces Largest Continuous Oil Assessment in Texas and New Mexico
  • 13 minutes What Can Bring Oil Down to $20?
  • 16 minutes Venezuela continues to sink in misery
  • 20 hours Alberta govt to construct another WCS processing refinery
  • 7 hours Rage Without Proof: Maduro Accuses U.S. Official Of Plotting Venezuela Invasion
  • 11 hours Paris Is Burning Over Climate Change Taxes -- Is America Next?
  • 11 hours Instead Of A Withdrawal, An Initiative: Iran Hopes To Agree With Russia And Turkey on Syrian Constitution Forum
  • 22 hours Let's Just Block the Sun, Shall We?
  • 12 hours Water. The new oil?
  • 8 hours Storage will in time change the landscape for electricity
  • 2 days Quebecans Snub Noses at Alberta's Oil but Buy More Gasoline
  • 2 days U.S. Senate Advances Resolution To End Military Support For Saudis In Yemen
  • 2 days OPEC Cuts Deep to Save Cartel
  • 11 hours Regular Gas dropped to $2.21 per gallon today
  • 2 days Global Economy-Bad Days Are coming
Alt Text

Why Russia Agreed To Additional Production Cuts

Moscow has increasingly been acting…

Alt Text

What Would The End Of OPEC Mean?

OPEC is looking increasingly fractured…

Alt Text

Turkmenistan’s Pipeline Project Faces More Hurdles

While Turkmenistan chivvies along its…

Zainab Calcuttawala

Zainab Calcuttawala

Zainab Calcuttawala is an American journalist based in Morocco. She completed her undergraduate coursework at the University of Texas at Austin (Hook’em) and reports on…

More Info

Trending Discussions

Trump Sanctions Russia Following Energy Grid Cyberattack

The Trump administration issued a series of punitive sanctions against Russia for coordinating a cyberattack on the U.S. energy grid, aviation systems, and other infrastructure, according to a new report by the Associated Press.

The measures also target Moscow for meddling in the 2016 presidential elections, which put President Donald Trump in power. Critics have said the White House has been too easy on the Kremlin since the last major U.S. polls.  

“These targeted sanctions are a part of a broader effort to address the ongoing nefarious attacks emanating from Russia,” Treasury Secretary Steven Mnuchin said. He said others would face punishment in the future under the new sanctions law “to hold Russian government officials and oligarchs accountable for their destabilizing activities.”

Thirteen Russians were indicted last month by special counsel Robert Mueller, who is leading an investigation being deliberately undermined by the White House.

An alert published by the Department of Homeland Security said hackers had been using open-source material from websites to mine information later used to infiltrate networks. The hackers had downloaded a small image from a corporate human resources page that, when blown up, was revealed to be “a high-resolution photo that displayed control systems equipment models and status information in the background.” Related: EIA Stuns Oil Market With Huge Inventory Build

Deputy Foreign Minister Sergei Ryabkov said Moscow will prepare a response to the sanctions, but did not provide additional details.

“It is tied to U.S. internal disorder, tied of course to our electoral calendar,” Ryabkov said according to TASS, the state news agency.

Another report released this month by the U.S. House of Representatives Committee on Science, Space and Technology added: “Documents that the American social media companies produced for the Committee confirmed that Russian agents were exploiting American social media platforms in an effort to disrupt domestic energy markets, suppress research and development of fossil-fuels, and stymie efforts to expand the use of natural gas.”

By Zainab Calcuttawala for Oilprice.com

More Top Reads From Oilprice.com:




Back to homepage

Trending Discussions


Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News