Skip to main content
See every side of every news story
Published loading...Updated

Will Trump’s Oil Sanctions on Russia Hurt Putin and His Plans for Ukraine War?

Sanctions target Rosneft and Lukoil, responsible for 70% of Russia's crude exports, aiming to reduce wartime income and pressure Putin to negotiate peace in Ukraine.

  • On Thursday, United States President Donald Trump imposed sweeping sanctions on Rosneft and Lukoil aimed at tightening financial pressure on President Vladimir Putin, compelling companies worldwide to cease dealings by November 21 and affecting 30 subsidiaries.
  • The US Treasury framed the move as going further than past steps by targeting companies' international oil trade, while the Trump administration defended it as necessary despite earlier this year's 25% tariff on Indian exports.
  • Rosneft and Lukoil together export about 3.1 million barrels daily, roughly 70 per cent of Russia's crude shipments, while CREA estimated Russia earned about �546 million per day in September 2025.
  • The United Kingdom announced sanctions and estimated costs to Russia exceeding �28 billion, while Rosneft's net income for the first half of 2025 fell 6 per cent, and Lukoil's profits dropped nearly 27 per cent.
  • Analysts warn the move could push buyers to Middle Eastern or African suppliers, China has so far avoided penalties, and Lithuania reported two Russian aircraft briefly entered its airspace on Thursday, prompting a NATO protest.
Insights by Ground AI

34 Articles

Lean Left

US President Donald Trump announced the introduction of new sanctions against the two largest Russian oil companies. The move is aimed at increasing economic pressure on Moscow due to its aggression against Ukraine.

abc Newsabc News
+11 Reposted by 11 other sources
Lean Left

Trump's U-turns on Russia and Ukraine, and the significance of new sanctions: ANALYSIS

"Eventually the administration decided it's not enough to just use carrots to pressure Putin, you also need sticks," one analyst said.

·United States
Read Full Article
kreiszeitung.dekreiszeitung.de
+3 Reposted by 3 other sources
Center

The US is imposing sanctions on Russian oil companies Rosneft and Lukoil. Markets are reacting promptly – there are losses. Putin's oil trade is fading.

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 44% of the sources are Center
44% Center

Factuality 

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Firstpost News broke the news in Mumbai, India on Friday, October 24, 2025.
Sources are mostly out of (0)
News
For You
Search
BlindspotLocal