Energy Policy

US Treasury Targets Russian Oil Giants to Cut Kremlin’s War Funding

By Economics Desk | October 23, 2025

In a decisive move to weaken Vladimir Putin’s war machine, the US Treasury imposes broad sanctions on Russia’s top oil companies, aiming to choke off funding while urging allies to join the effort.

Washington’s recent sanctions against Russian oil giants Rosneft and Lukoil mark a critical step in America's ongoing effort to uphold national sovereignty and global security by curbing financing fueling Russia’s aggression in Ukraine. These measures are not mere diplomatic signals—they are strategic blows meant to dismantle the Kremlin’s economic lifelines, reflecting a firm America First stance. Why Targeting Russia’s Oil Sector Matters to American Security The US Treasury Department made it clear on Wednesday that these sanctions respond to Russia’s blatant disregard for peace and its continuation of an unjust war in Ukraine. Rosneft and Lukoil are no ordinary companies;...

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