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MP: Latest US Sanctions on Russia 'Encouraging'

U.S. sanctions on Russian oil giants Lukoil and Rosneft show Donald Trump's Russia policy is far tougher than Joe Biden's, Reform MP and security expert Eerik-Niiles Kross said.

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U.S. sanctions hit Lukoil and his founder hard. The Russian oil company struggles with international assets and global business.

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Russia's oil workers are now deciding where to place oil — one of the deepest crises in the industry, which generates about a quarter of the federal budget; it turns out that no one needs significant amounts of raw materials from Russia; it cannot be sold on the world market because the US has consistently imposed blocking sanctions on the four largest exporters of Russian hydrocarbons this year; but the oil cannot be used in Russia's domestic m…

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Eesti Rahvusringhääling broke the news in Estonia on Monday, November 10, 2025.
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