America imposes sanctions on the Russian oil firms Lukoil and Rosneft


America on Wednesday imposed sanctions on Russia’s two largest oil firms, Rosneft and Lukoil, in a brand new transfer to tighten financial strain on Moscow.


The US administration known as on the Kremlin in a press release to right away conform to a ceasefire in Ukraine.


Treasury Secretary Scott Besent mentioned within the assertion: “We encourage our allies to affix us and cling to those sanctions,” stressing that Washington is ready to take additional measures if obligatory.


He added that the sanctions are available in response to President Vladimir Putin’s refusal to finish what he described as “this absurd conflict,” including that Rosneft and Lukoil symbolize “a significant artery for the Russian conflict machine.”


The brand new sanctions goal to undermine Russia’s skill to finance its navy operations, in gentle of escalating worldwide calls to cease the conflict and relaunch negotiations between Moscow and Kiev.

Supply hyperlink

Share post:

Subscribe

banner image

Popular

More like this
Related

Tesho Akindele unique: On Nigerian roots, betting on himself, and Messi’s MLS impression

At 33 years of age, Tesho Akindele has lived...

Lamine Yamal powers Barcelona to No. 2 in international youth academy rankings: The place do Actual Madrid stand?

For years, Barcelona have stood out largely because of...

103 million orders delivered in Saudi Arabia in 3Q 2025

Saudi Gazette reportRIYADH — The order supply exercise sector...

Tourism ministry classifies main violations and grants grace interval to rectify non-major violations

Saudi Gazette reportRIYADH — The Ministry of Tourism has...