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Western Sanctions and China’s Response Strain Russia’s Oil Industry

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Source: The New York Times
Western Sanctions and China’s Response Strain Russia’s Oil Industry
Photo: The New York Times
TL;DR Summary

President Trump has intensified the US economic war against Russia by imposing sanctions on its two largest oil companies, Lukoil and Rosneft, aiming to weaken Russia's economy despite potential increases in global oil prices, reflecting heightened frustration with Russian President Vladimir Putin over the Ukraine conflict.

Topics:nation#economy#oil#russia#sanctions#us#world
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  1. Trump’s Sanctions on Russian Oil Sector Ratchet Up Economic War  The New York Times
  2. The U.S. and Europe Are Trying New Ways to Pressure Russia  The New York Times
  3. Opinion | Putting the Oil Squeeze on Putin  The Wall Street Journal
  4. Russia furious as Trump sanctions energy giants Rosneft and Lukoil  NBC News
  5. Exclusive: China state oil majors suspend Russian oil buys due to sanctions, sources say  Reuters

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