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Russia Oil Companies

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world4 months ago•3 min saved

US sanctions Russian oil giants amid Ukraine conflict escalation

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.

via Axios|

#putin #russia-oil-companies #trump

world4 months ago•3 min saved

UK Sanctions Hit Russian Oil Giants and Supply Chains

The UK has imposed sanctions on Russia's largest oil companies, Lukoil and Rosneft, along with a shadow fleet of oil tankers, and targeted Indian and Chinese oil terminals to cut off funding for Russia's war in Ukraine, aiming to significantly impact Russia's economy and military capabilities.

via BBC|

#international-sanctions #russia-oil-companies #russian-oil-tankers