By Timothy Gardner, Daphne Psaledakis, Nidhi Verma and Dmitry Zhdannikov WASHINGTON/NEW DELHI/LONDON (Reuters) -U.S. President Joe Biden's administration imposed its broadest package of sanctions so far targeting Russia's oil and gas revenues on Friday,

The United States on Friday imposed sweeping sanctions on Russia's energy sector to try to limit funding for Moscow's war in Ukraine. The sanctions target two of Russia's largest oil companies, Gazprom Neft and Surgutneftegas,

The US has imposed sanctions on over 30 Russian oil service companies. At the same time, restrictions have also affected a Serbian company linked to Gazprom Neft, according to the US government website and the US Department of the Treasury.

Venezuela’s Nicolas Maduro was sworn in for a third presidential term after an election the opposition says was rigged.

The US on Friday announced it was raising a bounty on President Nicolas Maduro to $25 million, as the Venezuelan leader was sworn in for a third term in office. Also named in the sanctions announced by the Treasury Department are eight Venezuelan officials who lead “key economic and security agencies enabling Nicolas Maduro’s repression and subversion of democracy in Venezuela”.