"President Donald Trump's administration announced Wednesday new "massive sanctions" against Russia's oil industry that are aimed at moving Russian President Vladimir Putin to the negotiating table and bringing an end to Moscow's brutal war on Ukraine. The sanctions against oil giants Rosneft and Lukoil followed months of calls from Ukrainian President Volodymyr Zelenskyy as well as bipartisan pressure on Trump to hit Russia with harder sanctions on its oil industry,"
""Hopefully he'll become reasonable," Trump said of Putin not long after the Treasury Department announced the sanctions against Russia's two biggest oil companies and their subsidiaries. "And hopefully Zelenskyy will be reasonable, too. You know, it takes two to tango, as they say." The U.S. administration announced the sanctions as NATO Secretary General Mark Rutte was in Washington for talks with Trump."
" Treasury Secretary Scott Bessent said the new sanctions were a direct response to Moscow's refusal to end its "senseless war" and an attempt to choke off "the Kremlin's war machine." Bessent added that the Treasury Department was prepared to take further action if necessary to support Trump's effort to end the war. "We encourage our allies to join us in and adhere to these sanctions." The announcement came after Russian drones and missiles blasted sites across Ukraine, killing at least six people,"
The Trump administration announced massive sanctions targeting Russia's oil sector, focusing on Rosneft and Lukoil, to push Vladimir Putin toward negotiation and an end to the war in Ukraine. The measures follow months of appeals from Volodymyr Zelenskyy and bipartisan U.S. pressure aimed at cutting off the oil revenues that sustain Russia's military operations. Treasury Secretary Scott Bessent characterized the sanctions as a response to Moscow's refusal to end its "senseless war" and as an effort to choke off "the Kremlin's war machine," and urged allied adherence while signaling readiness for further action. The move followed deadly Russian strikes in Ukraine.
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