Trump’s Sanctions on Russia

• The Trump administration has imposed fresh sanctions on Russia due to Moscow’s refusal to strike a ceasefire agreement to end the Ukraine war.

• The sanctions target Russian oil giants Rosneft and Lukoil.

• Russia’s use of the oil trade to finance war has been a point of contention for NATO members.

• The sanctions have penalised both trading partners of Moscow significantly, with reports suggesting four major state-owned Chinese oil companies have suspended purchases from Russia.

• The move is seen as a response to failed attempts to bring Russian President Vladimir Putin to the negotiating table and nudge the Kremlin towards a short-term arrangement.

• The sanctions may lead to a tightening of options for Putin on ending the war, especially as Washington joins the European Union.

• The effectiveness of the sanctions depends on the consistency of their enforcement, including shutting down loopholes and workarounds that Moscow will exploit to continue selling oil abroad.

Trump foreign policy Russia is important topic for Civil service exam (WBCS).

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