U.S. President Donald Trump on Wednesday imposed Ukraine-related sanctions on Russia’s largest oil companies, Lukoil and Rosneft , in Washington’s toughest measures against Russian business during the war with Ukraine.
Following are key facts about the companies, which together account for around half of Russia’s total oil production:
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ROSNEFT
* The company is headed by Igor Sechin, a long-standing ally of President Vladimir Putin.
* Oil and gas conden… [1328 chars]
Source: Reuters | Published: 2025-10-23T07:58:57Z
Credit: Reuters
