‘Now is the time to stop the killing’: US to slap new sanctions against Russia's two biggest oil companies, calls for end of Moscow’s ‘senseless war’ with Ukraine
Published on: Oct. 23, 2025, 2:51 a.m. | Source: The Economic Times
The US has imposed new sanctions on Russia's top oil firms. This action follows months of pressure to target Moscow's oil sector. US Treasury Secretary Scott Bessent stated the move aims to stop funding for the ongoing conflict in Ukraine. Further actions are possible if needed. Allies are urged to support these sanctions.
