According to partners, US sanctions against Russian oil companies Rosneft and Lukoil could lead to Russian losses of at least $5 billion per month. During a press conference, Ukrainian President Vladimir Zelensky emphasized that US President Donald Trump imposed “really effective” sanctions against Russia, reports a Suspilny correspondent..
“The fact that the “Russians,” in particular in the person of the special representative of the Russian dictator Kirill Dmitriev, are indignant and claim that these sanctions will not work at all, shows that they will work very strongly. That is why they were introduced personally by the president, and not through Congress.. He can cancel them and will probably use them as a tool of pressure or dialogue with the " We believe that these sanctions will reduce their benefits by at least $5 billion per month,” the president emphasized..
According to Zelensky, Russian losses named by partners have not yet been confirmed by Ukrainian intelligence.. He added that the US decision will likely affect Russian oil exports by about 56-57%.. In a month, he predicts, it will be possible to get a clear picture of the consequences of sanctions after all data has been verified by intelligence. The President also stressed that it is important to ensure that no one bypasses these restrictions..
" It is also necessary to control if the tanker goes on a different route. Sanctions should be designed to physically stop all oil shipments. Check documents of tankers, apply sanctions against captains and crews. Then it will work,” Zelensky said.
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Recently, the US Treasury Department's Office of Foreign Assets Control announced the imposition of sanctions against large Russian oil companies Rosneft and Lukoil.. The US President hopes that they will help the Russians cease fire on the Ukrainians. According to Deputy Chairman of the Russian Security Council Dmitry Medvedev, such a decision only means that Washington “has taken the path of war with Russia.”.
Shares of the largest Russian oil companies on the Moscow Exchange fell significantly.
As The Moscow Times wrote, over two trading days - Thursday and Friday - the total capitalization of both companies decreased by 424 billion rubles (about $5.2 billion).
Russia has always been famous for its achievements in the oil industry. However, now both Europe and America are actively introducing sanctions against the aggressor country aimed at limiting its oil revenues. What will this mean for the \? Read the article " How simultaneous EU and US sanctions will affect Putin's oil empire"