Editorial | Applying Pressure on Putin Through Oil Restrictions

Written by Emily J. Thompson, Senior Investment Analyst

Source: WSJ

Updated: Oct 23 2025

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Source: WSJ

Trump's Sanctions on Russia: President Trump has blacklisted Russian oil companies Rosneft and Lukoil, marking a shift in his stance towards Russia, despite previously suggesting that Putin desires peace.
Impact on Oil Prices: Following the announcement of sanctions, Brent oil prices increased from $60 to $66 a barrel, reflecting market reactions to the potential effects of U.S. and European sanctions on Russian energy exports.
Objective of Sanctions: The sanctions aim to restrict Russian energy exports, which are crucial for funding the Kremlin's military operations, as they represent about a third of the Russian budget.
Need for Continued Pressure: Experts suggest that for the sanctions to be effective in influencing the war, the U.S. Administration must maintain and escalate both military and economic pressure on Russia.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.