The United States and European Union have announced new sanctions against Russia’s oil industry as part of efforts to pressure Russia to end the war in Ukraine. The European Union agreed to the new sanctions this morning, aiming to move closer to lasting peace in the region. “We’re keeping the pressure high on the aggressor,” said European Commission President Ursula von der Leyen. “For the first time we are hitting Russia’s gas sector — the heart of its war economy.”The U.S. Treasury Department has targeted two major Russian oil companies, Rosneft and Lukoil, cutting off their access to any money or property in the United States. This move is significant because Russia uses its oil industry to fund the war in Ukraine.For months, President Donald Trump has warned Russian President Vladimir Putin to end the fighting in Ukraine or face tough sanctions. Despite these warnings, Russia has ramped up violence, with Russian drones and missiles attacking sites across Ukraine this week. One of the attacks hit a kindergarten while children were inside, resulting in one death and six injuries, although no children were physically harmed.”Look, these are tremendous sanctions. These are very big. Those are against their two big oil companies and we hope that they won’t be on for long. We hope that the war will be settled,” Trump said.Last week, Trump announced plans to meet with Putin face-to-face but later canceled the meeting, stating it would be a waste of time. He mentioned that a meeting would occur in the future.Ukrainian President Volodymyr Zelenskyy has been trying to strengthen his country’s position by acquiring Tomahawk missiles from the U.S.On Wednesday, Trump said it would take a minimum of six months to a year for Ukraine to learn how to use the complex weapons. He did not make it seem like the U.S. would be sending Tomahawk missiles to Ukraine.Keep watching for the latest from the Washington News Bureau:
The United States and European Union have announced new sanctions against Russia’s oil industry as part of efforts to pressure Russia to end the war in Ukraine.
The European Union agreed to the new sanctions this morning, aiming to move closer to lasting peace in the region. “We’re keeping the pressure high on the aggressor,” said European Commission President Ursula von der Leyen. “For the first time we are hitting Russia’s gas sector — the heart of its war economy.”
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The U.S. Treasury Department has targeted two major Russian oil companies, Rosneft and Lukoil, cutting off their access to any money or property in the United States. This move is significant because Russia uses its oil industry to fund the war in Ukraine.
For months, President Donald Trump has warned Russian President Vladimir Putin to end the fighting in Ukraine or face tough sanctions. Despite these warnings, Russia has ramped up violence, with Russian drones and missiles attacking sites across Ukraine this week. One of the attacks hit a kindergarten while children were inside, resulting in one death and six injuries, although no children were physically harmed.
“Look, these are tremendous sanctions. These are very big. Those are against their two big oil companies and we hope that they won’t be on for long. We hope that the war will be settled,” Trump said.
Last week, Trump announced plans to meet with Putin face-to-face but later canceled the meeting, stating it would be a waste of time. He mentioned that a meeting would occur in the future.
Ukrainian President Volodymyr Zelenskyy has been trying to strengthen his country’s position by acquiring Tomahawk missiles from the U.S.
On Wednesday, Trump said it would take a minimum of six months to a year for Ukraine to learn how to use the complex weapons. He did not make it seem like the U.S. would be sending Tomahawk missiles to Ukraine.
Keep watching for the latest from the Washington News Bureau: