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What Trump’s tariffs could mean for Russia and China

How much pressure can Donald Trump’s new tariffs place on Russia’s war economy? A new U.S. law gives the president the power to impose tariffs of up to 100% on major buyers of Russian energy, while also strengthening sanctions against Russia’s shadow fleet.

About Rosneft

Rosneft is Russia's state-controlled oil company and one of the world's largest petroleum producers, with headquarters in Moscow and operations across multiple countries. The company, majority-owned by the Russian government since 2004, controls significant oil and gas reserves and refining capacity that generate revenue supporting Russia's war economy. Western sanctions imposed after Russia's full-scale invasion in February 2022 have targeted Rosneft's international operations.

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