Oct 27, 2025
U.S. targets Russia’s oil giants with sweeping sanctions – Société Générale
In its toughest move yet against Russian business, Washington sanctioned Lukoil and Rosneft, freezing assets and banning U.S. transactions. The sweeping measures, timed as oil prices dipped, signal a sharper U.S. strategy to pressure Moscow’s energy sector, Société Générale's FX analysts note.
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