UK Business

Sanctions on Russia have failed to stop the war so far – will Trump’s latest package be any different?

Written by Sergey V. Popov, Senior Lecturer in Economics, Cardiff University

Donald Trump has finally decided to hit Russia with sanctions – the first package he has imposed since he came back to the White House in January.

The sanctions target Rosneft and Lukoil, Russia’s two largest oil companies, as a retaliation for Vladimir Putin’s refusal to agree to a ceasefire in Ukraine. The announcement came in...

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