US president Donald Trump speaks as he meets Nato secretary general Mark Rutte in the White House. Photograph; JIM WATSON/AFP via Getty Images
The United States has sanctioned Rosneft and Lukoil, Russia’s two largest oil companies, as the Trump administration increased pressure on the Kremlin to negotiate an end to its war against Ukraine.
The sanctions were the first against Russia since Donald Trump returned to the White House in January, and were targeted to cut key revenues from oil sales that finance the Russian war machine.
The move against Russia marks the latest swing of the pendulum under the Trump administration from coercing Kyiv to sue for peace to growing frustration with Vladimir Putin’s maximalist demands.
“Now is the time to stop th
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