#russian-energy-sector

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US politics
fromAxios
5 days ago

U.S. sanctions Russia's 2 biggest oil firms after Trump cancels Putin summit

Trump imposed major sanctions on Rosneft and Lukoil, signaling that diplomatic efforts with Putin failed and aiming to cut Kremlin energy revenue.
fromBusiness Insider
2 weeks ago

Ukraine's long-range drone strikes are punishing the industry fueling Russia's war

Ukrainian President Volodymyr Zelenskyy said Wednesday night that "long-range sanctions against Russia," a reference to its deep-strike campaign targeting Russian energy facilities, is "achieving truly significant results." Moscow's vast oil industry is a critical sector, with oil and natural gas exports fueling its war efforts in Ukraine. Ukraine has been targeting infrastructure across Russia, including refineries, with long-range weapons to turn up the pressure on Moscow.
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