Trump's Sanctions Are No Slap on the Wrist - They're a Punch to the Gut of Moscow's War Economy
The sanctions target Rosneft and Lukoil to cut Kremlin war funding amid ongoing drone and missile attacks on Ukraine, Treasury Secretary Scott Bessent said.
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Trump imposes new sanctions on Russia | Midday News Bulletin 23 October 2025
In this bulletin, Donald Trump announces new sanctions on major Russian oil companies, Sydney to hit a 2 million-dollar median house price, by the end of next year. And in cricket, Australia wins against England in Women's World Cup.
Trump administration slaps sanctions on Russia's two biggest oil companies over Ukraine war
Treasury Secretary Scott Bessent has announced new sanctions against Russia's two biggest oil companies and blasted Moscow's refusal to end its "senseless war."
Both major oil contracts have grown by nearly three per cent, after March increased by over two per cent in terms of measures taken, after the US leader stated that Ukraine's peace efforts with his counterpart Vladimir Putin "do not go anywhere". The movement was accompanied by another round of sanctions from the European Union, as part of the attempts to force Moscow to end its invasion in Ukraine for three and a half years.
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