In a bold move, President Donald Trump has imposed fresh U.S. sanctions on Russiaâs leading oil companies, Rosneft and Lukoil, freezing their U.S. assets and banning American businesses from dealing with them. These sanctions aim to choke Moscowâs energy revenues â the financial backbone funding its war in Ukraine. âïžđ°
Experts warn this could reduce Russiaâs oil income, disrupt exports, and push global oil prices higher. However, they also note the impact may not be enough to compel Vladimir Putin to end the conflict soon. Russia has already secured alternative trade channels and loyal buyers in Asia, helping maintain its cash flow despite Western sanctions. đąïžđ
While this move shows Washingtonâs renewed resolve to weaken Moscowâs war effort, the key will be whether Americaâs allies, particularly in Europe and Asia, enforce these measures together. Without a united front, Putin might still find ways to keep his oil business running. đ§©âł
Bottom line: Trumpâs sanctions pack a punch, but they may not yet shut down the Kremlinâs war machine.
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