Targeting one of Russia’s largest sources of revenue, the Trump administration is imposing substantial new sanctions on Russian oil giants Lukoil and Rosneft

The Wall Street JournalWednesday, October 22, 2025 at 9:59:00 PM
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Targeting one of Russia’s largest sources of revenue, the Trump administration is imposing substantial new sanctions on Russian oil giants Lukoil and Rosneft
The Trump administration has announced significant new sanctions targeting two of Russia's largest oil companies, Lukoil and Rosneft, amid stalled negotiations to end the war in Ukraine. This move is crucial as it aims to cut off a major source of revenue for Russia, potentially impacting its ability to sustain military operations. The sanctions reflect ongoing tensions and the international community's efforts to hold Russia accountable for its actions.
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