Reported about 12 hours ago
After a period of diplomatic engagement, the Trump administration unexpectedly announced significant sanctions against Russia's two largest oil producers, Rosneft and Lukoil. This move comes after Trump's frustrations with Russia's lack of concessions and escalating violence in Ukraine. While the sanctions aim to disrupt Russia's oil exports, experts are divided on their potential impact, noting that Russia may adapt to mitigate losses, particularly if India reduces its oil imports from Moscow.
Source: YAHOO