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The USA and the European Union impose sanctions against Russia
President Trump announced sanctions against Lukoil and Rosneft, Russia’s two largest oil companies, while the European Union imposed a ban on imports of Russian liquefied natural gas, among other measures.
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“These are massive sanctions and sanctions against oil, the two largest oil companies, which are among the largest in the world. But they are Russian. They produce a lot of oil. And hopefully there will be pressure – hopefully he will be sensible and hopefully Zelensky will be sensible too. You know, it takes two to tango, as they say.” “Today goes hand in hand with President Trump’s decisions yesterday on energy and the sanctions package. We have been waiting for this. God bless it, it will work. This is a good signal to other countries in the world to join the sanctions. They know that we need not only energy, but also a shadow fleet, etc., and this will go on and on until Putin ends this war.”
By Axel Boada
October 23, 2025