US President Donald Trump has announced new sanctions against Russia’s two biggest oil companies, Rosneft and Lukoil, in an effort to pressure Moscow to end the war in Ukraine. The decision follows months of stalled diplomatic efforts and rising frustration over President Vladimir Putin’s actions.

"Today is a very big day. Look, these are tremendous sanctions. These are very big. Those are against their two big oil companies... We hope that the war will be settled. We just answered questions related to the various forms of missiles and everything else we're examining. However, we don't think that will be necessary. We would like to see them just take the line that has been formed over quite a long period of time and go home," President Trump said during an interaction with journalists at

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