'Immediately agree to ceasefire': US sanctions major Russian oil firms; move amid Putin's 'refusal to end senseless war'

Oct 23, 2025 - 04:00
'Immediately agree to ceasefire': US sanctions major Russian oil firms; move amid Putin's 'refusal to end senseless war'

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The United States has imposed sanctions on Russia's two largest oil companies to pressure Moscow into an immediate ceasefire in Ukraine. Treasury Secretary Scott Bessent stated the move aims to cripple the Kremlin's war funding. President Trump expressed hope for a swift resolution and that the sanctions would be short-lived.

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