Rosneft
OrganizationRosneft is Russia's state-controlled oil company targeted by US and EU sanctions over Ukraine conflict.
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About
Rosneft, a major Russian state-owned oil company, has become central to geopolitical tensions due to its involvement in the Ukrainian crisis. Recent US and European Union sanctions against Rosneft and other key Russian energy firms reflect international efforts to pressure Russia into resolving conflicts in Ukraine. These measures aim at curtailing Moscow's influence by targeting critical sectors of the Russian economy, particularly oil production and exports. The sanctions have led to increased global oil prices and heightened tensions between Russia and Western nations, underscoring Rosneft’s strategic importance as a tool for economic leverage.
Last updated: October 26, 2025
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