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Evening Standard
Evening Standard
Bill Bowkett

United States targets Russian oil giants over Vladimir Putin’s refusal to end 'senseless' war in Ukraine

Vladimir Putin Donald Trump Scott Bessent United States Russia Oil Ukraine Rosneft Kremlin Lukoil

The United States has imposed “substantial” sanctions on Russia’s two biggest oil companies over Vladimir Putin’s refusal to end the “senseless” war in Ukraine.

Scott Bessent, the US treasury secretary, claimed the punitive measures against Rosneft and Lukoil will “degrade” the Russian tyrant’s war chest and support Donald Trump’s efforts to reach a ceasefire deal.

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