Why is Trump sanctioning Russian oil - and will it work? | War in Ukraine

Donald Trump announced this week he was sanctioning Russia's two biggest oil companies.

Rosneft and Lukoil provide half of Russia's fossil fuels and 25% of the country's total revenues - that's money Vladimir Putin is using to fund his war against Ukraine.

Paul Kelso looks at why the US finally decided to target the two producers - and whether it will be effective.

Live updates: https://news.sky.com/story/ukraine-war-latest-kyiv-russia-british-storm-shadow-12541713 

#ukraine #russia #worldnews #skynews #putin #zelenskyy #trump #usnews

SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews
Follow us on Twitter: https://twitter.com/skynews
Like us on Facebook: https://www.facebook.com/skynews
Follow us on Instagram: https://www.instagram.com/skynews
Follow us on TikTok: https://www.tiktok.com/@skynews

For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB

Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/

To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales

Post from Sky News on October 23, 2025

View Original Post