7 Powerful Measures: Trump Sanctions Russian Oil Giants After Nuclear Drills

The US has imposed sweeping sanctions on Russia’s two largest oil companies — Rosneft and Lukoil — following Moscow’s nuclear drills and collapse of a planned summit with President Vladimir Putin. Washington says the firms finance Russia’s war in Ukraine and urged allies to join in cutting off Kremlin revenue.
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Oil Prices Surge, Asian Markets Tumble: US-Iran Conflict Escalates

Oil prices jump and Asian markets plunge following US airstrikes on Iran’s nuclear sites. Fears rise over Strait of Hormuz closure, energy supply disruption, and inflation.
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