On the recordNovember 21, 2025
the sanctions on Russia's largest oil companies were driven by President Vladimir Putin's 'refusal to end this senseless war.'
Said by
Scott Bessent
Source
cbsnews.comEditor's note · Context
Discussing the motivation behind U.S. sanctions on Russian oil companies.
Share
More from Scott Bessent
May 30, 2026
The U.S. will not tolerate any effort to impose a tolling system in the Strait of Hormuz.
Jun 13, 2026
In California, I saw firsthand what years of failed governance looks like: a tax system that is hostile to ambition. A regulatory state that smothers enterprise. An economic climate indifferent to consequence.
Jun 3, 2026
[E]conomic security is national security, for a nation that cannot manufacture, mine, ship, or refine its needs gradually cedes its strength—and sovereignty—to others.