Story perspectives
Ukraine Hits Russian Oil; Sanctions Tighten International Operations
10/29/2025
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Story summary
- Ukrainian President Volodymyr Zelenskyy said Ukraine's long-range strikes reduced Russia's oil refining capacity by 20%.
- The United States has sanctioned Rosneft and Lukoil, complicating their international operations.
- Lukoil is selling its international assets amid the sanctions.
- Germany has taken custody of Rosneft's stake in a refinery, halting revenue flow to the company.
- The conflict shows no signs of resolution after nearly four years.
