Trump Sanctions Look to Tighten the Screw on Russia’s Oil Income

The move against Rosneft and Lukoil is designed to choke off Kremlin revenues without causing a spike in global prices.

By Serene Cheong, Alaric Nightingale, Jennifer A Dlouhy, Ben Bartenstein · Bloomberg Markets

The move against Rosneft and Lukoil is designed to choke off Kremlin revenues without causing a spike in global prices.