Trump recalled that he had introduced “very powerful sanctions” against the largest Russian oil companies Lukoil and Rosneft, which make it difficult to sell oil from the Russian Federation.
“This is a big deal. You know, their entire economy is based on oil. But no, I’m not doing anything related to lifting sanctions,” the American president noted.
The day before, on November 20, US Permanent Representative to the UN Mike Waltz said that the United States could impose additional economic sanctions against Russia if it “continues to ignore calls for a ceasefire” in Ukraine.
Context
On October 22, the US Treasury imposed sanctions against Rosneft and Lukoil, explaining that the illegitimate Russian President Vladimir Putin refuses to end the war in Ukraine. Trump said he hoped this would encourage Putin to negotiate.
On November 17, Trump announced that the US Congress was preparing new strict restrictions to put pressure on the Russian economy for the war in Ukraine, as well as on countries collaborating with Moscow.
