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The US has this week imposed new sanctions on Rosneft and Lukoil, Russia’s two largest petroleum-producing companies.
After efforts to negotiate an end to Vladimir Putin’s war on Ukraine appeared to come to a standstill, the Trump administration made the move in a bid 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 countries who rely on Russia to
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