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The US has this week imposed new sanctions on Rosneft and Lukoil, Russia’s largest petroleum-producing companies.
After talks to bring about an end to Vladimir Putin’s war on Ukraine appeared to come to a standstill, the Trump administration made the move to “increase pressure on Russia’s energy sector and degrade the Kremlin’s ability to raise revenue for its war machine and support its weakened economy.”
So how much impact could the move have, and what are the implications for nations who rely o
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