Reported about 12 hours ago
The Trump administration has enacted sanctions on Russia's major oil companies, Rosneft and Lukoil, amid a renewed attempt to end the war in Ukraine, citing Russia's insufficient commitment to peace. This marks a significant shift in Trump's previous stance on sanctions and has led to an increase in oil prices. Despite the measures, experts caution that the sanctions may not drastically alter Russia's approach, as the Kremlin has historically found ways to circumvent similar restrictions.
Source: YAHOO