US EditionTrump administration sanctions big Russian oil companies, presses for Ukraine ceasefire
- On Wednesday, the United States announced sanctions on Rosneft and Lukoil, targeting Russia's two largest oil companies as a major policy step.
- President Trump, frustrated by collapsed meeting plans with Vladimir Putin, pushed for penalties after delaying energy sanctions and canceling the Budapest summit following Russia's attacks on Ukraine.
- The Treasury detailed the restrictions, freezing all Rosneft and Lukoil assets in the US and barring US firms from business with them and almost three dozen subsidiaries.
- The US urged allies to join sanctions after Bessent said, 'Given President Putin's refusal to end this senseless war, Treasury is sanctioning Russia's two largest oil companies that fund the Kremlin's war machine',
- Longer term, the sanctions' effect depends on implementation and potential secondary measures, with analysts saying this marks a pivotal shift by the Trump administration in the Russia-Ukraine war.
622 Articles
622 Articles
Report: Russian Seaborne Crude Oil Shipments Tank After Trump Sanctions
Russian crude oil exports at sea fell to their lowest point in almost two years in the past week, Bloomberg reported on Tuesday, a significant decline in the aftermath of the administration of President Donald Trump imposing sanctions on Russian oil giants Rosneft and Lukoil. The post Report: Russian Seaborne Crude Oil Shipments Tank After Trump Sanctions appeared first on Breitbart.
The Trump-Putin bromance has blown up - but the US is not ready to confront Russia
Donald Trump seems to have belatedly concluded that Russian President Vladimir Putin – and not Ukrainian President Volodymyr Zelensky – is the main obstacle to peace in Ukraine. The abrupt postponement of a Trump-Putin summit in Budapest last week, agreed between the two leaders in mid-October, coming days after the imposition of new sanctions on Russian oil giants Rosneft and Lukoil, marked a notable shift in relations. Last week also saw signs…
Will Trump’s new sanctions finally force Putin’s hand?
It’s been a tumultuous couple of weeks for US-Russia relations.Two weeks ago, US President Donald Trump was considering handing Tomahawk missiles to Ukraine, which would allow Kyiv to strike deep into Russian territory. But, following a phone call with Russian President Vladimir Putin on Oct. 16, Trump decided to chop the Tomahawk plan, and announced a meeting with his Russian counterpart.That quickly fell apart, though – reportedly because nego…
The Kremlin supported US President Donald Trump's position. The American leader believes time is needed to assess the impact of new sanctions, RBC-Ukraine reported, citing a statement by the Russian dictator's press secretary, Dmitry Peskov, during a briefing. "Well, we really will see, God willing, what happens in six months. We see what we have now, we see what happened a year ago, two years ago. And, God willing, we will see what happens in s…
At first it was said that US President Donald Trump was ready for a new meeting with Vladimir Putin. But then everything changed. What happened these days.
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