In a significant turn of events, Russian energy giant Lukoil announces its exit from international operations due to stringent U.S. sanctions, potentially leading to a 30% drop in revenues. The company seeks buyers for its foreign ventures amidst escalating tensions over the Ukraine conflict.
In a dramatic policy shift, President Trump imposes sanctions on Russia's top oil companies, causing a 5% spike in global oil prices. This move raises questions about the future of Russian oil imports, especially from India.
In a bold move, President Trump announces sweeping sanctions against Russia's top oil firms to pressure Moscow into ending the Ukraine war. Will this finally shift the tide of the conflict?
In a decisive move, the US Treasury has imposed new sanctions on Russia's largest oil companies, Rosneft and Lukoil, as part of efforts to pressure the Kremlin amid ongoing conflict in Ukraine. Secretary of the Treasury Scott Bessent calls for an immediate ceasefire and emphasizes the need for a peaceful resolution.
In a stunning development, footage reveals a second naval drone attack on Russia's Black Sea port of Tuapse, causing significant explosions at an oil refinery. This follows a similar assault at Novorossiysk, highlighting Ukraine's strategic targeting of Russian infrastructure.
