Three years on, Russia sanctions finally land a punch

A well-supplied global oil market limits the potential for price shocks resulting from stronger sanctions on Russian oil exports

Ukraine's President Volodymyr Zelensky (left) and US President-elect President Donald Trump.
Ukraine's President Volodymyr Zelensky (left) and US President-elect President Donald Trump.Photo: REUTERS/SCANPIX
Published 16 January 2025, 15:08Updated 16 January 2025, 15:08
Ukraine CrisisRussiaDonald TrumpVladimir PutinVolodymyr Zelensky