US measures against Rosneft and Lukoil will hurt Russia - but probably not enough to stop Ukraine war. Here's why.
US measures against Rosneft and Lukoil will hurt Russia – but probably not enough to stop Ukraine war. Here's why.
By Alex Kozul-Wright
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Washington has announced new sanctions against Russia’s two largest oil companies, Rosneft and Lukoil, in an effort to pressure Moscow to agree to a peace deal in Ukraine. This marks the first time the current Trump administration has imposed direct sanctions on Russia.
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