US Prepares New Sanctions on Russia Amid Ukraine Conflict

TL;DR Summary
The Trump administration imposed sanctions on Russia's largest oil companies, Rosneft and Lukoil, to pressure Russia to cease its war in Ukraine, citing lack of progress in peace efforts and aiming to weaken Russia's revenue sources for the conflict.
- Trump administration sanctions big Russian oil companies, presses for Ukraine ceasefire CNBC
- Bessent says US will soon announce ‘substantial pickup in Russia sanctions’ CNN
- US Sanctions Russia’s Rosneft, Lukoil Amid Ukraine Peace Push Bloomberg.com
- Treasury secretary says Russia sanctions announcement imminent Politico
- U.S. prepares new sanctions as Russian drones and missiles kill 6 in Ukraine AP News
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