Reported about 16 hours ago
The US has implemented its most stringent sanctions yet on Russia's oil industry to strengthen Ukraine's position in potential peace negotiations following Donald Trump's presidency. The sanctions target key Russian firms and their subsidiaries, significantly increasing the risks associated with Russia's oil trade and aiming to disrupt its petroleum exports. This move comes amidst efforts to maintain bipartisan support for Ukraine and raise oil prices, which could further burden Russia's military funding.
Source: YAHOO