After Lukoil and its subsidiaries were added to the US sanctions list, the company announced its intention to sell its international assets. The market reacted instantly: in two days, the total capitalization of Lukoil and sanctioned Rosneft decreased by RUB 424 billion (USD 5.3 billion), and Lukoil shares dropped by 7.2% (minus about USD 3.7 billion). This is reported by the Center for Countering Disinformation (CCD).
"The consequence for the Kremlin is less petrodollars and tax revenues. Sanctions cut off access to financing, logistics, insurance and services, force the sale of assets at discounts and reduce export revenues. This directly puts pressure on the revenue side of the Russian budget and reduces the resources for military spending envisaged in the draft budget for 2026," the Center emphasized.
The Center also emphasized that the sanctions pressure on russia systematically weakens the financial base of the war.
"The fall in market value and forced exit from foreign markets is another signal to investors and counterparties that working with the sanctioned energy sector of the Russian Federation is becoming toxic and risky, and Russia's financial losses are being converted into budget holes and reduced opportunities to finance aggression," the CCD added.
As the Ukrainian News agency earlier reported, US Ambassador to NATO Matthew Whitaker said that US President Donald Trump is preparing to impose tougher sanctions on the aggressor country russia. They should force russian dictator vladimir putin to the negotiating table.
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