Lukoil

The United States has imposed sweeping new sanctions on Russia’s top oil producers, Rosneft and Lukoil, in an effort to push Moscow toward ending its war in Ukraine, President Donald Trump announced on Wednesday.

The decision represents Washington’s toughest economic measure in recent months and comes as Russian attacks on Ukrainian cities intensified, resulting in at least seven fatalities, including children, earlier that day.

US Treasury Secretary Scott Bessent stated that the sanctions aim at crippling Russia’s “war machinery,” accusing President Vladimir Putin of his unwillingness to “halt this pointless war.”

“Now is the time to stop the killing and …