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    Home » Blog » U.S. sanctions Russia’s largest oil corporations after newest assault on Ukraine – Nationwide

    U.S. sanctions Russia’s largest oil corporations after newest assault on Ukraine – Nationwide

    James WhitmoreBy James WhitmoreOctober 22, 2025 Europe No Comments7 Mins Read
    U.S. sanctions Russia’s largest oil corporations after newest assault on Ukraine – Nationwide
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    U.S. Treasury Secretary Scott Bessent introduced new sanctions Wednesday in opposition to Russia’s two greatest oil corporations and blasted Moscow’s refusal to finish its “mindless struggle” in Ukraine as U.S.-led efforts to finish the struggle floundered and the Ukrainian president sought extra overseas navy assist.

    The sanctions in opposition to Rosneft and Lukoil, in addition to dozens of subsidiaries, adopted months of bipartisan strain on President Donald Trump to hit Russia with more durable sanctions on its oil business.

    “Now’s the time to cease the killing and for a right away ceasefire,” Bessent stated in an announcement. Given Russian President Vladimir Putin’s “refusal to finish this mindless struggle, Treasury is sanctioning Russia’s two largest oil corporations that fund the Kremlin’s struggle machine.”

    Bessent stated the Treasury Division was ready to take additional motion if essential to help Trump’s effort to finish the struggle. “We encourage our allies to hitch us in and cling to those sanctions.”

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    Bessent made the feedback as NATO Secretary Normal Mark Rutte was in Washington for talks with Trump. The navy alliance has been coordinating deliveries of weapons to Ukraine, lots of them bought from the USA by Canada and European nations.

    The announcement got here after Russian drones and missiles blasted websites throughout Ukraine, killing no less than six individuals, together with a girl and her two younger daughters.


    Click to play video: '‘This is their peace’: Kyiv resident reacts after overnight Russian attacks across Ukraine'

    2:44
    ‘That is their peace’: Kyiv resident reacts after in a single day Russian assaults throughout Ukraine


    The assault got here in waves from Tuesday night time into Wednesday and focused no less than eight Ukrainian cities, in addition to a village within the area of the capital, Kyiv, the place a strike set fireplace to a home during which the mom and her 6-month-old and 12-year-old daughters had been staying, regional head Mykola Kalashnyk stated.

    No less than 29 individuals, together with 5 youngsters, had been wounded in Kyiv, which seemed to be the principle goal, authorities stated.

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    Russian drones additionally hit a kindergarten in Kharkiv, Ukraine’s second-largest metropolis, later Wednesday when youngsters had been within the constructing, Mayor Ihor Terekhov stated. One individual was killed and 6 had been damage, however no youngsters had been bodily harmed, he stated.

    Ukrainian President Volodymyr Zelenskyy stated lots of the youngsters had been in shock. He stated the assault focused 10 separate areas: Kyiv, Odesa, Chernihiv, Dnipropetrovsk, Kirovohrad, Poltava, Vinnytsia, Zaporizhzhia, Cherkasy and Sumy.

    Russia fired 405 strike and decoy drones and 28 missiles, primarily concentrating on Kyiv, Ukraine’s air pressure stated.

    Trump’s efforts to finish the struggle that began with Russia’s all-out invasion of its neighbor greater than three years in the past have failed to achieve traction. Trump has repeatedly expressed frustration with Russian President Vladimir Putin’s refusal to budge from his circumstances for a settlement after Ukraine supplied a ceasefire and direct peace talks.

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    Trump stated Tuesday that his plan for a swift meeting with Putin was on hold as a result of he didn’t need it to be a “waste of time.” European leaders accused Putin of stalling.

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    Zelenskyy stated Wednesday that Trump’s proposal to freeze the battle the place it stands on the entrance line “was compromise” — a step that would pave the best way for negotiations.


    Click to play video: 'Trump doesn’t think Ukraine can win war against Russia — but says ‘anything is possible’'

    2:00
    Trump doesn’t assume Ukraine can win struggle in opposition to Russia — however says ‘something is feasible’


    Kremlin spokesman Dmitry Peskov stated the deliberate summit requires cautious preparation, suggesting that laying the groundwork could possibly be protracted. “Nobody desires to waste time: neither President Trump nor President Putin,” he stated.

    In what seemed to be a public reminder of Russian atomic arsenals, Putin on Wednesday directed drills of the nation’s strategic nuclear forces.

    Zelenskyy urged the European Union, the USA and the Group of Seven industrialized nations to pressure Russia to the negotiating desk. Strain will be utilized on Moscow “solely by way of sanctions, long-range (missile) capabilities and coordinated diplomacy amongst all our companions,” he stated.

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    Extra worldwide financial sanctions on Russia are more likely to be mentioned Thursday at an EU summit in Brussels. On Friday, a gathering of the Coalition of the Keen — a gaggle of 35 nations that help Ukraine — is to happen in London.

    Zelenskyy credited Trump’s remarks that he was contemplating supplying Tomahawk missiles to Ukraine for Putin’s willingness to fulfill. The American president later stated he was cautious of tapping into the U.S. provide of Tomahawks over considerations about accessible shares.

    Russia has not made vital progress on the battlefield, the place a struggle of attrition has taken a excessive toll on Russian infantry and Ukraine is in need of manpower, navy analysts say. Either side have invested in long-range strike capabilities to hit rear areas.


    Click to play video: 'Trump downplays Tomahawk deal as Zelenskyy pushes for support at White House'

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    Trump downplays Tomahawk deal as Zelenskyy pushes for help at White Home


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    Ukraine says it hit key Russian chemical plant

    The Ukrainian military’s common employees stated its forces struck a chemical plant Tuesday night time in Russia’s Bryansk area utilizing British-made air-launched Storm Shadow missiles. The plant is a vital a part of the Russian navy and industrial complicated, producing gunpowder, explosives, missile gasoline and ammunition, it stated.

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    Russian officers within the area confirmed an assault however didn’t point out the plant.

    Ukraine additionally claimed in a single day strikes on the Saransk mechanical plant in Mordovia, Russia, which produces elements for ammunition and mines, and the Makhachkala oil refinery within the Dagestan republic of Russia.

    The Russian Protection Ministry stated its air defenses downed 33 Ukrainian drones over a number of areas in a single day, together with the world round St. Petersburg. Eight airports briefly suspended flights due to the assaults.

    In different developments, Zelenskyy arrived Wednesday in Oslo, Norway, and after that flew to Stockholm, the place he and Swedish Prime Minister Ulf Kristersson signed an settlement exploring the potential for Ukraine shopping for as much as 150 Swedish-made Gripen fighter jets over the subsequent decade or extra. Ukraine has already acquired American-made F-16s and French Mirages.


    Click to play video: 'Large parts of Kyiv in dark after Russian attack as Ukraine hits back at oil and gas sector'

    1:54
    Giant elements of Kyiv in darkish after Russian assault as Ukraine hits again at oil and gasoline sector


    Moscow’s in a single day assault additionally focused vitality infrastructure and prompted rolling blackouts, officers stated. Russia has been attempting to cripple the nation’s energy grid earlier than winter units in.

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    “We heard a loud explosion after which the glass began to shatter, after which the whole lot was caught up in a burst of fireside. The embers had been in every single place,” Olena Biriukova, who lives in a Kyiv condominium constructing, advised The Related Press.

    “It was very scary for teenagers,” she stated.

    Two individuals had been discovered useless within the Dnipro district of the Ukrainian capital, the place emergency providers rescued 10 individuals after a fireplace attributable to drone particles hit the sixth ground of a 16-story residential constructing, native authorities stated.

    And in Kyiv’s Darnytskyi district, emergency providers responded after drone particles hit a 17-story condominium block, inflicting a fireplace on 5 flooring. Fifteen individuals had been rescued, together with two youngsters.

    Blann reported from Kyiv, Ukraine. Related Press writers Hanna Arhirova, Illia Novikov, Samya Kullab, Andrea Rosa and Yehor Konovalov in Kyiv, Ukraine, and Josh Boak in Washington contributed to this report.


    James Whitmore
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