The United States has pledged that President Donald Trump will follow through and enforce the fresh oil sanctions imposed on Russia to pressure Kremlin leader Vladimir Putin into peace talks with Ukraine.

US sanctions have also cast uncertainty over Kazakhstan’s second offshore greenfield in the northern part of the Caspian Sea, Kalamkas–Khazar, where Lukoil has a 50% stake and operatorship, with Kazakh state company KazMunayGaz holding the remaining interest.

The head of state believes that U.S. President Donald Trump struck Russia with “truly effective” sanctions. Read also: U.S. and EU sanctions deal major blow to Russia’s wartime economy — Financial Times “What the ‘Russians,

Bulgaria is preparing measures to secure uninterrupted supplies of oil and oil derivatives after the U.S. imposed sanctions on Russia's Lukoil , which runs the country's biggest oil refinery, Energy Minister Zhecho Stankov said on Friday.

Days after canceling a planned summit with Putin, citing a lack of progress toward ending the war in Ukraine, Trump took a major step by effectively blacklisting Rosneft and Lukoil.

US Sanctions Shake Up Global Energy Game India’s decades-long oil strategy faces a dramatic shift. With new US sanctions targeting Russia’s oil giants Lukoil and Rosneft, Indian refineries could soon face tough choices.