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flag U.S. imposes new sanctions on Russia’s Rosneft and Lukoil to curb funding for its war in Ukraine.

flag The U.S. is imposing new sanctions on Russia’s major oil companies Rosneft and Lukoil, Treasury Secretary Scott Bessent announced on October 22, 2025, calling it a “substantial pickup” in enforcement. flag The move aims to pressure Russia to end its war in Ukraine by disrupting its energy sector and limiting access to global financial systems. flag The sanctions follow recent deadly Russian attacks on Ukrainian cities and come amid stalled diplomatic efforts, including a canceled summit between President Trump and Vladimir Putin. flag The administration emphasized coordination with allies and readiness for further action, while a bipartisan Senate bill seeking additional sanctions awaits White House approval.

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