Putin defiant after Trump sanctions Russian oil companies over Ukraine
- Posted on October 24, 2025
- By Business News Today
- 4 Views
Putin defiant after Trump sanctions Russian oil companies over Ukraine
United States sanctions target Russia's top oil firms, Rosneft and Lukoil. This move has sent global oil prices soaring. Chinese and Indian oil majors are suspending Russian oil purchases. Russian President Vladimir Putin remains defiant, calling the sanctions an unfriendly act. Ukraine's President Volodymyr Zelenskiy welcomed the sanctions but urged more pressure on Moscow.