Rosneft is the largest oil producer in Russia. Novatek is a natural gas producer, primarily.
Let no one in America lose the significance of Obama's action undertaken from advice of his brain trust.
When someone or a group attacks individuals in effort to get those suffering from attacks to pressure their politicians for changes to political policy, all English speakers have a word for such attacks. All English speakers call those attacks by the word TERRORISM. Such is the picture-perfect definition of terrorism. Terrorism means living by striking terror into individuals to get them to pressure their politicians for change in political policy.
One would think in light of 9/11, no politician in the United States of America would be so stupid as to stoop as low as those who attacked and slaughtered 2,752 Americans through something as cowardly as terrorism.
Sanctions amount to terrorism. There is no getting around it. Harming individuals in hopes they turn on their own politicians is the exact purpose of every terrorist alive and of every terrorist who has ever lived.
Presidents ought to act and act decisively in the best interests for all Americans and not merely those profiting from oil or those profiting from banking through a unified Europe and so on.
Obama has the authority to send troops to Ukraine. Obama has the authority to order air strikes against so-called Russian-leaning "separatists" in Eastern Ukraine. So why does Obama act so cowardly, so gutless, so unmanly, so anything but presidential?
Why does Obama act like a terrorist?
Why are untold and unwarranted taxes blown for military if presidents fail to use the weapons of war when negotiation fails?
Yet, what everyone should truly ask himself or herself is this:
Why should Americans care if five million or even 20 million Ukrainians become ex-Ukrainians and join up with the Russians?
Americans are not affected by such a change at all. American politicians care because their financial bankers who have a vested interest in expanding the European Union or who have a vested interest in seeing Russians become weaker make them care.
What does anything about the Ukraine have to do with you? Nothing.
The more competition American firms face, the more efficient those firms must become and the lower the prices you shall see over time.
You should hope that many Russians rises to challenge American firms in commerce. You should hope that Germans do as well. You should hope that Indians do, that Brazilians do, that firms from people the earth over do.
The more firms competing for your wages, the more firms competing to hire you, the better your living shall become. The more firms that rise up and push aside government protected firms, such as the USA-based Fortune 500 firms, the better your living shall become.