Russia, Trump and Ukraine
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President Donald Trump’s sanctions against two of Russia’s largest oil companies come as the European Union passes its 19th package targeting the energy sector.
After nine months of attempting to coax Russia into concessions using only incentives, the Trump administration in an unexpected reversal announced “massive sanctions” Wednesday on Moscow’s two biggest oil producers.
President Donald Trump imposed sanctions on Russia's largest oil companies Rosneft and Lukoil while canceling his planned summit with Russian President Vladimir Putin.
As Zelenskyy lauds Europe and the U.S. for ramping up economic pressure on Putin over the war in Ukraine, Moscow dismisses them as a counterproductive "act of war."