U.S. Treasury sanctions Russia’s largest oil companies amid Ukraine war
NegativeFinancial Markets

The U.S. Treasury has imposed sanctions on Russia's largest oil companies in response to the ongoing conflict in Ukraine. This move is significant as it aims to cripple Russia's economy by targeting its key revenue source, oil exports. The sanctions reflect the U.S. commitment to supporting Ukraine and holding Russia accountable for its actions, but they may also have broader implications for global oil markets and energy prices.
— Curated by the World Pulse Now AI Editorial System