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Trump's sanctions: Lukoil in crisis - jobs at risk!
US sanctions under Trump are putting a heavy burden on Lukoil. Finnish gas stations and Russian refineries affected. Current developments.
Trump's sanctions: Lukoil in crisis - jobs at risk!
In recent weeks, the Russian economy has found itself in a noticeably precarious situation due to the sanctions imposed by the USA and Great Britain under Donald Trump. That sounds dramatic, and it is. The oil company Lukoil in particular is suffering from the new trade restrictions, which are significantly affecting not only its business in Switzerland, but also gas stations in Finland and oil shipments from Iraq. These developments not only cast a shadow over the Russian economy, but also have far-reaching consequences for employees in affected companies.
As fr.de reports, around 1,000 employees of the Finnish gas station operator Teboil are facing uncertain times as Finnish banks are freezing payments to Lukoil subsidiaries. Although the Kremlin has tried to downplay the impact of US sanctions, the reality is different. More and more companies are unwilling to cooperate with Litasco, a trading company owned by Lukoil, which further restricts international business activities.
Significant impact on the oil economy
In addition to the economic obstacles, Ukrainian drone attacks are straining Russia's oil refineries, including the crucial Tuapse facility. These attacks have resulted in approximately one-fifth of all refined oil facilities being severely damaged. This has tangible consequences for Russian citizens: in parts of the country and in Crimea, fuel is rationed at gas stations.
At the top of the list of international actions is the British government, which has imposed sanctions on Putin's "shadow fleet", which is negatively impacting crude oil shipments to India. But there are also bright spots: Rosneft's German business is initially spared from US sanctions, as the PCK refinery in Schwedt is under trusteeship.
New technologies in everyday life
Detailed instructions can be found on support.microsoft.com to guide even less tech-savvy users through the jungle of digital networking. And for more security, you can even activate the “Random Hardware Addresses” function to protect yourself against unwanted tracking attempts.A look into the future