Ukraine, EU allies slam US decision to roll back Russia oil sanctions
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Ukraine, EU allies slam US decision to roll back Russia oil sanctions
"It is spending the money it earns from energy sales on weapons, and all of this is then being used against us. Just this easing by America could provide Russia with around $10bn for the war. This certainly does not help peace."
"Increasing economic pressure on Russia is decisive for it to accept a serious negotiation for a just and lasting peace. Weakening sanctions increases Russian resources to wage the war of aggression against Ukraine."
"The US on Thursday issued a 30-day waiver for countries to buy sanctioned Russian oil and petroleum products currently stranded at sea, as global energy markets have been roiled by the US-Israeli war on Iran."
Ukraine and European leaders strongly oppose the Trump administration's decision to partially ease sanctions against Russia through a 30-day waiver allowing countries to purchase stranded Russian oil and petroleum products. Ukrainian President Zelenskyy warns the move will strengthen Russia's military capabilities by providing roughly $10 billion in additional revenue from energy sales. European Council President Costa and German Chancellor Merz argue that weakening sanctions contradicts efforts to pressure Russia into serious peace negotiations. The sanctions relief stems from global energy market disruptions caused by the US-Israeli conflict with Iran, which has closed the Strait of Hormuz and disrupted Middle Eastern energy production. European leaders contend that maintaining economic pressure on Russia remains essential for achieving a just and lasting peace settlement.
Read at www.aljazeera.com
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