US sanctions Russia’s top oil firms ...Iraq

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US sanctions Russia’s top oil firms

Shafaq News– Washington

On Wednesday, the UnitedStates imposed sanctions on Russia’s oil giants Rosneft andLukoil, accusing Moscow of refusing to engage seriously in peace talks overUkraine.

    In astatement, Treasury Secretary Scott Bessent said the move targets the Kremlin’s top revenue stream and called for an immediate ceasefire. “Now is the time to stopthe killing,” he added, urging allies to support the measures.

    PresidentDonald Trump had canceled a planned meeting with Russian President VladimirPutin, explaining “there was no possible outcome.” He added that both Putin andUkrainian President Volodymyr Zelenskyy “want peace, and the time has come toend this war.”

    Read more: The Desperate and the Damned: Why thousands of Iraqis are fighting in Ukraine

    According toRussian and Ukrainian media, more than 43,000 Ukrainian soldiers have beenkilled and 370,000 wounded, while Russian losses exceed 250,000 killed andabout one million total casualties, including wounded and missing, since thewar began in 2022.

    Read more: Russian losses in Ukraine surpass 1 million as battles intensify

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