US imposes sanctions on Russian oil over Putin’s ‘refusal’ to end war in Ukraine

<p>Trump administration hardens stance against the Kremlin day after cancelling a planned summit with Russian leader</p><p>The US has sanctioned Rosneft and Lukoil, Russia’s two largest oil companies, as the Trump administration increased pressure on the Kremlin to negotiate an end to its war against Ukraine.</p><p>The sanctions were the first against Russia since Donald Trump returned to the White House in January, and were targeted to cut key revenues from oil sales that finance the Russian war machine.</p> <a href="https://www.theguardian.com/us-news/2025/oct/22/us-sanctions-russia-oil-vladimir-putin-refusal-ukraine-war">Continue reading...</a>