Donald Trump Imposes Sanctions on Russia’s Top Oil Firms Amid Clampdown Over Moscow-India Oil Deal and Massive Tariffs

Brief by Shorts91 Newsdesk / 02:59am on 23 Oct 2025,Thursday India Global

President Trump announced new U.S. sanctions targeting Russia’s leading oil companies Rosneft and Lukoil, citing Moscow’s refusal to end the war in Ukraine. Simultaneously, Trump reiterated that he spoke with India’s Narendra Modi, who reportedly pledged that India will “not buy much oil” from Russia—though Indian officials denied any such call. The sanctions mark a major shift in U.S. policy: the Treasury declared readiness to take further action and urged allies to join in isolating Russia economically. (PC: File)

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