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Russia's Rosneft, Lukoil sanctioned by US, which cites peace process

( October 22, 2025, 21:10 GMT | Official Statement) -- MLex Summary: The US Treasury Department's Office of Foreign Assets Control (OFAC) imposed sanctions on Rosneft and Lukoil, Russia's two largest oil companies, due to Moscow's lack of serious commitment to a peace process to end the war against Ukraine. OFAC also sanctioned a number of Rosneft and Lukoil subsidiaries.Statement follows below:...

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