Russia's Foreign Ministry on Saturday denounced new U.S. sanctions against Moscow's energy sector as an attempt to harm Russia's economy at the risk of destabilising global markets and said the country would press on with large oil and gas projects.

The Biden administration is cracking down on the Russian “shadow fleet” and taking steps to curb oil and gas production.

The U.S. Treasury Department is sanctioning Russian oil companies, tankers, officials and executives. Oil prices jumped on worries that crude supplies would face disruptions. Oil prices jumped on Friday as the U.

Ukraine's air force said on Friday Russia attacked it with 72 drones overnight though it downed 33 of them while 34 others disappeared from radar without reaching their targets.

The Russians launched an attack using 74 UAVs on the night of 10-11 January. Ukraine's air defence forces have downed 47 drones, while 27 disappeared from radar. Source: Ukraine's Air Force; Kyiv Oblast Military Administration Details: The Air Force reported that the attack drones were launched from the Russian cities of Millerovo,