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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.

Summary by Sky News UK
If energy prices surge or allied unity splinters, Trump could find himself on the ropes following his announcement of sanctions on Russia's two biggest oil firms.

7 Articles

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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CBS News broke the news in United States on Wednesday, October 22, 2025.
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