US imposes sanctions on Russia’s two largest oil companies [SOUND]

# The US has sanctioned two of Russia’s biggest oil firms, Rosneft and Lukoil, due to what it says is Moscow’s lack of serious commitment to a peace process with Ukraine. The Treasury Department says the sanctions will increase pressure on Russia’s energy sector, degrade the Kremlin’s ability to raise revenue for its war machine and support its weakened economy. The British government also sanctioned the oil firms last week. President Donald Trump says the sanctions will certainly affect Moscow: