US EditionTrump administration sanctions big Russian oil companies, presses for Ukraine ceasefire
- On Wednesday, the U.S. Treasury Department levied sanctions on Lukoil and Rosneft after the Budapest planned meeting between President Donald Trump and President Vladimir Putin was shelved.
- After Russian negotiators rejected a cease-fire proposal, Treasury Secretary Scott Bessent said sanctions respond to President Vladimir Putin's refusal to end the war and urged an immediate ceasefire and allied support.
- Sanctions hit Rosneft and Lukoil along with dozens of subsidiaries, targeting firms that supply almost half of Russia's crude oil exports, a vital source for the Russian government.
- Allied pressure accompanied the U.S. action after Russian drones and missiles killed at least six people in Ukraine and the United Kingdom issued sanctions last week.
- U.S. lawmakers are awaiting White House approval to vote on a bill to enforce steep sanctions, while more international sanctions are likely at the EU summit in Brussels on Thursday.
185 Articles
185 Articles
Jyllands-Posten
Ekstra BladetThe United States will impose sanctions on two Russian energy companies on Wednesday, the US Treasury Department said in a press release. The companies Rosneft and Lukoil will now be hit by sanctions...
President Trump levies new sanctions on Russian oil giants in a push on Vladimir Putin to end the Ukraine war
WASHINGTON — President Donald Trump’s administration announced Wednesday new “massive sanctions” against Russia’s oil industry that are aimed at moving Russian President Vladimir Putin to the negotiating table and bringing an end to Moscow’s brutal war on Ukraine. The sanctions against oil giants Rosneft and Lukoil followed months of calls from Ukrainian President Volodymyr Zelenskyy as well as bipartisan pressure on Trump to hit Russia with har…
White House hits Russia with massive sanctions, demands ‘immediate ceasefire’ in Ukraine
U.S. Treasury Secretary Scott Bessent announced new sanctions against the Russian Federation and called for an “immediate ceasefire” in its war against Ukraine. The war in Ukraine has been raging for more than three years, but negotiations between President Donald Trump and Russian President Vladimir Putin appear to have come to an impasse on Wednesday. ‘Given President Putin’s refusal to end this senseless war, Treasury is sanctioning Russia’s …
Trump sanctions Russian oil companies as peace talks falter
President Trump took a step that he had not taken during his second term and imposed new sanctions on Russia. The Treasury Department announced the sanctions on Russia’s two largest oil companies and accused Putin of not taking Trump’s pursuit of peace in Ukraine seriously. Nick Schifrin reports.
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