oil sanctions

Crude export bans

Oil sanctions are restrictions imposed by governments or international bodies that limit or prohibit the purchase, sale, or transport of petroleum from a targeted country.

They serve as economic pressure tools, typically aimed at changing a nation's behavior without military intervention: The oil sanctions devastated the regime's revenue.

Because oil exports fund many governments, these measures can be particularly punishing—though they often harm ordinary citizens alongside political leaders.

Related
  • embargoOfficial prohibition on trade
  • crudeUnpolished, raw state
  • petroleumNatural underground hydrocarbon liquid
  • IranIslamic republic in Asia
  • RussiaEurasian federation, largest country

price cap · tariffs · restrictions · OPEC · pipeline · barrel · oil tanker · refinery · export · import · blacklist · diplomacy · pressure · economic warfare · regime change · economy · ban · energy

Categories
Opposites
ECONOMIC RESTRICTION vs. ECONOMIC FACILITATION

oil sanctionsoil subsidies

Government aid to petroleum

free trade · fuel subsidies · trade deals · economic incentives · foreign aid

policy tool type

oil sanctionsmilitary intervention

Use of troops abroad

military blockade · air strikes · ground invasion · drone strikes · naval bombardment

policy response spectrum

oil sanctionsmilitary intervention

Use of troops abroad

military action · invasion · diplomatic engagement · blockade · war

Family

oils, oiling, oiliness, sanction, sanctions, sanctioned, sanctioning

Familiarity
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Used worldwide · Timeless · Negative · Rated G