US sanctions Russian oil giants amid Ukraine conflict escalation
TL;DR Summary
The US has imposed sanctions on Russia's two largest oil firms, Rosneft and Lukoil, as part of efforts to pressure Russia into a ceasefire in Ukraine, following the cancellation of a planned summit between Trump and Putin, reflecting increased frustration with Russia's actions.
- U.S. sanctions Russia's 2 biggest oil firms after Trump cancels Putin summit Axios
- Brent crude jumps about 5% after Trump administration sanctions big Russian oil companies CNBC
- Trump's sanctions are no slap on the wrist - they're a punch to the gut of Moscow's war economy Sky News
- US sanctions Russia’s two largest oil companies and calls on Moscow to agree to immediate ceasefire CNN
- US imposes sanctions on Russian oil over Putin’s ‘refusal’ to end war in Ukraine The Guardian
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