Russian President Vladimir Putin has called US President Donald Trump's move to impose more sanctions on Russia's oil industry an "unfriendly act" that will have little impact.

Washington has unveiled new sanctions on two of Russia's largest oil companies in response to the Kremlin's lack of commitment to ending the war in Ukraine.

On Thursday the European Union also heaped more economic sanctions on Russia as part of a broadened effort to choke off the revenue and supplies fuelling the war.

Mr Putin said that the "serious" US sanctions would have "certain consequences" for Russia, but maintained that they would not significantly impact its economy.

Ukrainian President Volodymyr Zelenskyy, who has long campaigned for the international community to punish Russia, welcomed the new rest

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