U.S. sanctions Russia's largest oil firms Rosneft and Lukoil

On October 22, 2025, the United States announced sanctions against Russia"s largest oil firms, Rosneft and Lukoil. The U.S. government is calling on Moscow to agree to an immediate ceasefire in Ukraine.

This move is part of ongoing efforts to address the conflict in Ukraine and reflects the U.S. stance on Russian actions in the region. The sanctions target key players in the Russian oil industry, which is vital to the country"s economy.

For further details on the sanctions and their implications, refer to the recent developments in this situation.

The announcement comes amid heightened tensions and ongoing military actions in Ukraine, as the international community continues to seek resolutions to the conflict.