The United States’ first sanctions on Russia since Donald Trump’s return to the White House have targeted the country’s two largest oil producers in a move that could ripple through global energy markets. The measures give the U.S. sweeping authority to pressure Rosneft and Lukoil’s overseas subsidiaries and discourage foreign partners from doing business with them. Trump has repeatedly called for curbing Russian oil exports to China and India, Moscow’s two largest buyers, to tighten financial pressure on the Kremlin and gain leverage in potential talks over the war in Ukraine. Here is what we know about the impact these sanctions will have: What will happen to Russia’s overseas energy assets? The sanctions create new hurdles for Russia’s overseas energy projects and could disrupt foreign trade. Lukoil said on Monday it plans to sell its international assets, which make up roughly one-third of its operatio
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