US sanctions disrupt Russia's energy exports amid geopolitical tensions
TL;DR Summary
The US has imposed new sanctions on Russia's top four oil companies, including Rosneft and Lukoil, aiming to weaken Moscow's war economy amid ongoing tensions over Ukraine. These measures, combined with EU energy sanctions, target a significant portion of Russia's oil exports, potentially increasing economic pressure on Russia despite its president Putin's willingness to endure economic harm for strategic gains. The effectiveness of these sanctions will depend on enforcement and responses from China and India.
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- Trump sanctions have swift impact but will world stop buying Russian oil and gas? The Guardian
- A bad week for Hungary’s strongman leader as Trump-Putin summit scrapped and US sanctions Russia CNN
- Russia furious as Trump sanctions energy giants Rosneft and Lukoil NBC News
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