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Trump signs sweeping Russia sanctions bill into law

Among its provisions, the law requires the president to impose tariffs of up to 100% on goods from countries that continue buying Russian crude oil or natural gas and were among the five largest importers of Russian energy by volume over the previous 12 months.

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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