A board with the logo of Russia’s oil producer Rosneft at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia, on June 5, 2024. Anton Vaganov/Reuters
WASHINGTON—The United States announced on Oct. 22 new sanctions on Russia, targeting the country’s two largest oil companies, Rosneft and Lukoil, in an effort to limit the Kremlin’s ability to fund its war machine.
“I just felt it was time,” President Donald Trump told reporters in the Oval Office as he hosted NATO Secretary-General Mark Rutte. “We’ve waited a long time.
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