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Treasury Sanctions Major Russian Oil Companies, Calls on Moscow to Immediately Agree to Ceasefire

U.S. Department of the Treasury

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Reporting cited here

  1. documented

    On October 22, 2025 Treasury designated Rosneft and Lukoil under Executive Order 14024, citing Russia's lack of serious commitment to a peace process and Putin's refusal to end the war; Putin himself was not a designee in this action.

    Opening statement and designation paragraphs

    Treasury sanctions Rosneft and Lukoil after failed ceasefire diplomacy · Two Russian oil companies designated