US sanctions Russian oil giants amid Ukraine conflict escalation

1 min read
Source: ABC News - Breaking News, Latest News and Videos
US sanctions Russian oil giants amid Ukraine conflict escalation
Photo: ABC News - Breaking News, Latest News and Videos
TL;DR

President Trump announced new sanctions targeting Russia's two largest oil companies, Rosneft and Lukoil, as part of an effort to pressure Vladimir Putin to end the Ukraine conflict, marking the first sanctions against Russia since his presidency began.

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