Thursday, October 23, 2025

World

Trump sanctions two Russian oil companies, hopes Ukraine 'war will be settled'

IANS | October 23, 2025 10:07 AM

WASHINGTON: For the first time in his second term, US President Donald Trump has imposed new sanctions on Russia, targeting its two largest oil companies, in his latest bid to end the conflict in Ukraine.

The US Treasury Department targeted Russian companies -- Rosneft and Lukoil, and their subsidiaries, warning that a future action could not be ruled out.

While meeting NATO Secretary General Mark Rutte at the White House, Trump said he hoped that the "war will be settled".

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