Business

Latest sanctions could reduce Kremlin’s oil revenue up to 30%, US official says

 26.10.2025, 21:37
U.S. Treasury Secretary Scott Bessent said that targeting Russia’s oil revenues is the best way to reduce its war chest. Photo: Kevin Dietsch/Getty Images
U.S. Treasury Secretary Scott Bessent said that targeting Russia’s oil revenues is the best way to reduce its war chest. Photo: Kevin Dietsch/Getty Images

Scott Bessent dismissed claims about the robustness of the Russian economy.