Brief by Shorts91 Newsdesk / 02:20pm on 24 Oct 2025,Friday International
The U.S., under President Donald Trump, has announced sanctions targeting Russia’s top oil companies, Rosneft and Lukoil, to restrict Moscow’s revenue streams fueling the ongoing Ukraine war. The sanctions, effective November 21, 2025, aim to curb Russian oil exports, especially to key markets including India and China, while pressuring President Vladimir Putin toward a ceasefire. Trump’s move reflects escalating U.S. efforts to tighten economic pressure on Russia amid the prolonged conflict. Russia has condemned the measures as “unfriendly acts,” asserting it will continue its military operations in Ukraine. The sanctions also include financial restrictions on associated subsidiaries. (PC: Reuters)
