After waffling between Russia and Ukraine, Trump slaps Kremlin with oil sanctions

Fox NewsThursday, October 23, 2025 at 3:26:41 PM
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After waffling between Russia and Ukraine, Trump slaps Kremlin with oil sanctions
In a significant move, President Donald Trump has imposed sanctions on Russia's largest oil companies, Rosneft and Lukoil, while also canceling a planned summit with Russian President Vladimir Putin. This decision marks a clear stance against Russian aggression and highlights the U.S. commitment to holding Russia accountable for its actions. The sanctions are expected to impact the Russian economy and signal to allies that the U.S. is serious about addressing geopolitical tensions.
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