ConflictsUnited States of America
US imposes sanctions on Russian oil giants
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Killian Bayer
October 23, 2025Advertisement
The US has imposed sweeping sanctions on Russia's top oil firms, Rosneft and Lukoil, aiming to pressure Moscow into ending its full-scale invasion of Ukraine.
President Trump, joined by NATO Chief Mark Rutte, said the move could shift Putin's stance as the sanctions block global business ties with the companies, targeting a key source of Russian revenue.