US Imposes New Sanctions on Russian Oil Giants Amid Ongoing Ukraine Conflict
Financial MarketsRosneft and LukoilUpdated 44 minutes ago

US Imposes New Sanctions on Russian Oil Giants Amid Ongoing Ukraine Conflict

President Trump has announced new sanctions on Russia's largest oil companies, Rosneft and Lukoil, in response to the ongoing conflict in Ukraine. He expressed skepticism about the effectiveness of talks with Putin, stating they 'don't go anywhere.' These sanctions aim to disrupt financial support for Russia's military actions, underscoring the US's commitment to supporting Ukraine and promoting international stability.

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