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U.S. sanctions on Russia's largest oil companies place new pressure on President Vladimir Putin. But, evidenced by President Donald Trump's frequently shifting positions, it's still unclear where he will land on how to end the war in Ukraine.
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President Donald Trump's sanctions against two of Russia's largest oil companies come as the European Union passes its 19th package targeting the energy sector.
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The sanctions could break a diplomatic deadlock by making it more difficult for India to continue buying from Russia, a point of contention between President Trump and Narendra Modi.
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Russia reacted with outrage after President Donald sanctioned Russian energy giants Rosneft and Lukoil.
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The new sanctions are related to plans for a meeting between President Donald Trump and Russian leader Vladimir Putin being dropped.
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