Ukraine-Russia war latest: US sanctions Russian oil firms as Trump says cancelled Putin summit ‘didn’t feel right’
CloseRussia conducts nuclear triad drills involving ground, naval, air forcesDonald Trump has unleashed harsh new sanctions on two of Russia’s largest oil companies, the first such sanctions in his second term as US president.
The Treasury Department said on Wednesday it was sanctioning Rosneft and Lukoil in response to Russian president Vladimir Putin’s “refusal to end this senseless war”.
In a statement, the department lashed out at Moscow’s “lack of serious commitment to a peace process to end the war in Ukraine”.
It said the sanctions would “increase pressure on Russia’s energy sector and degrade the Kremlin’s ability to raise revenue for its war machine and support its weakened economy”.
The decision came after Trump had cancelled a planned meeting with Putin, telling reporters on Wednesday that it “just didn’t feel right to me”.
“Every time I speak with Vladimir, I have good conversations, and then they don’t go anywhere. They just don’t go anywhere,” he said.
Earlier in the da..
