Trump Slaps Russia with Oil Sanctions: What's Next?
Trump Slaps Russia with Oil Sanctions: What's Next?
Trump's Move: Trump has imposed new sanctions on Russia's oil giants, Rosneft and Lukoil.
The sanctions freeze US-linked assets and prohibit American entities from doing business with them.
China and India are suspending purchases of Russian crude, straining Russia's oil revenues.
What Does This Mean?: The sanctions are aimed at regaining leverage and forcing Moscow and Kyiv back to the negotiating table.
Will it work? Only time will tell.