Article 70YN8 Trump news at a glance: Oil prices jump after president puts sanctions on Russia in major policy shift

Trump news at a glance: Oil prices jump after president puts sanctions on Russia in major policy shift

by
Guardian staff
from US news | The Guardian on (#70YN8)

Trump, who has to date not put sanctions on Russia over the war and instead relied on trade measures, says Rosneft and Lukoil will be targeted. Key US politics stories from Wednesday 22 October

Donald Trump imposed Ukraine-related sanctions on Russia for the first time in his second term, targeting oil companies Lukoil and Rosneft, sending oil prices higher by more than $2 a barrel.

The president imposed the new measures as his frustration grows with Russian president Vladimir Putin over the war.

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