"United States President Donald Trump sanctions Russia's two biggest oil companies after scrapping a summit with President Vladimir Putin on the Ukraine war."
"The European Union has also announced new measures targeting Russian oil and assets. Will they bring an end to the war any closer? Presenter: Bernard Smith Guests: Anatol Lieven Director of the Eurasia programme at the Quincy Institute for Responsible Statecraft Steven Erlanger Chief Diplomatic Correspondent for Europe at The New York Times Chris Weafer CEO of Macro-Advisory, a strategic consultancy focused on Russia and Eurasia"
United States President Donald Trump imposed sanctions on Russia's two biggest oil companies after cancelling a planned summit with President Vladimir Putin over the Ukraine war. The European Union announced additional measures targeting Russian oil exports and frozen assets. The coordinated measures intend to increase economic pressure on Russia by restricting energy revenue and access to international capital. The sanctions could reduce Russian export income and complicate transactions for major companies. Effects on global energy markets include potential price volatility and supply disruptions. The impact on the conflict's trajectory and timing of any resolution remains uncertain.
Read at www.aljazeera.com
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