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This is the World in Brief from The Economist.

Our top stories.

The Trump administration announced sanctions on Russia's two largest oil companies,

Rosnyft and Lukoy, citing Russia's lack of serious commitment to ending the war in Ukraine.

Scott Besant, America's Treasury Secretary, urged the Kremlin to agree to an immediate ceasefire.

Earlier, Ukraine and Russia attacked each other with missiles and drones.

At least seven people were killed in Kiev,

Ukraine's capital.

America's Coast Guard carried out another lethal strike on an alleged drug-carrying boat,

this time in the Pacific Ocean, in international waters near Colombia.

Pete Hegeseth, America's Secretary of War, said, quote,

two narco-terrorists were killed. America's armed forces have now hit eight boats, killing

at least 34 people since September. Earlier strikes were carried out in the Caribbean.

Primalend Capital Partners, an American lender, filed strikes were carried out in the Caribbean.

Primerland Capital Partners, an American lender, filed for bankruptcy after missing interest payments on its debt. The company, which provides subprime borrowers with car loans,

said it would continue operating while it tries to sell its business in bankruptcy

court. Car loan defaults and repossessions are on the rise among low-income Americans.

...