"US president imposes sanctions as his patience wears thin over Moscow's inaction in ending the war in Ukraine. United States President Donald Trump has imposed sanctions on Russia for the first time since returning to the White House, citing a lack of progress in ceasefire talks to end Moscow's war on Ukraine. The same day, European Union leaders approved their 19th Russian sanctions package."
"The measures taken by the Department of the Treasury, which also sanctioned dozens of Rosneft and Lukoil subsidiaries, block the US assets of the designated firms, while preventing Americans from doing business with them. Notably absent from the US sanctions were Chinese and Indian buyers of Russian oil. Trump said on Wednesday that he would raise concerns about China's purchases of Russian oil during his sit-down with President Xi Jinping at the 2025 APEC summit in South Korea next week."
The United States imposed sanctions targeting Lukoil, Rosneft and dozens of subsidiaries, blocking their US assets and prohibiting American business with them. The measures aim to increase pressure on Russia's energy sector and degrade the Kremlin's ability to raise revenue for its war machine and support its weakened economy. European Union leaders approved a separate 19th sanctions package the same day. Chinese and Indian buyers of Russian oil were not included in the US measures. The US Treasury said it is prepared to take further action if Russia continues the war, and Trump plans to raise China's oil purchases with Xi Jinping.
Read at www.aljazeera.com
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