Russia, Donald Trump and Putin
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The Treasury Department said new economic penalties will target Russia’s two largest oil companies, Rosneft and Lukoil, as well as their subsidiaries.
The sanctions against Rosneft and Lukoil and dozens of subsidiaries come after months of bipartisan pressure on Trump to hit Russia with harder sanctions on its oil industry.
Oil prices rose by more than $1 per barrel on Thursday, extending gains from the previous session, after the United States imposed sanctions on Russian oil companies Rosneft and Lukoil over the Ukraine war.
Trump has been pushing fortariffson major importers of Russian crude. Sanctions are clearly hurting the Russian economy, but US President Donald Trump is keeping his allies guessing whether he will sign off on more measures, despite Washington being party ...