Russia confronts new challenges from US oil sanctions

In the Kremlin, Vladimir Putin faced the fallout of new US sanctions targeting Rosneft and Lukoil, which comprised nearly half of Russia's oil exports.

Declaring that Russia would not yield to US pressure, he called the sanctions an "unfriendly act" but acknowledged some economic pain would be inevitable.

As China and India began scaling back their oil imports, global markets reacted with a 5% spike in oil prices.

The sanctions threatened to disrupt a vital revenue stream for Russia, which relied heavily on its oil and gas sector.Despite the challenges, Putin remained defiant, warning of a strong response to any military aggression and expressing a willingness to engage in dialogue.

Experts suggested that the sanctions would complicate Russian oil sales, yet officials insisted that adaptability would be key.With a history of evading Western sanctions, Russia prepared to navigate the shifting landscape, ready to innovate and endure whatever challenges lay ahead.