Oil sanctions

Oil sanctions are economic measures imposed by governments or international bodies to restrict a country's ability to sell or buy oil. These sanctions often aim to pressure a government to change certain policies or behaviors. When sanctions are in place, they can limit access to global markets, reduce oil exports or imports, and disrupt revenue streams. This impacts not only the targeted country’s economy but can also influence global oil prices and supply. Essentially, oil sanctions are a tool used to enforce political or diplomatic goals by controlling a nation's access to vital energy resources.