Russian oil floats in limbo as EU sanctions trap tankers near India
The Achilles and Elyte sit stranded, while pressure mounts on Delhi to choose sides in a wartime economy.
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US sanctions
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“He will risk everything in Ukraine”: Putin may be preparing for even harsher war in Ukraine after Trump’s ultimatum
Even with a collapsing economy and the threat of international isolation, Putin is poised to escalate his war. As Foreign Affairs puts it: the Kremlin leader will go to “extreme lengths” to avoid losing in Ukraine.
Poland’s Duda urges Trump to sanction Russia and force Putin into peace
The Polish President says Trump should escalate economic pressure, saying “only the US president” can force Russia's leader to make peace.
RFU News: US delivered its harshest economic blow yet against Moscow after ceasefire rejection
Russian banks can no longer process international energy transactions, endangering the Kremlin's primary war funding mechanism. The expiration of a key exemption also triggers secondary sanctions risk for any nation trading with Moscow.
Trump extends sanctions against Russia for a year
In doing so, Trump has continued to keep up the sanctions on Russia put in place by his predecessors.
Bloomberg: US may lose its top sanctions trophy—$ 300 million Russian superyacht
Complex ownership claims threaten the Justice Department’s biggest sanctions victory, as prosecutors fight in Manhattan court to keep a seized Russian superyacht costing taxpayers $750,000 a month.
China condemns US sanctions on drone makers, claims it’s not arming Russia
China claims non-involvement in what it calls the "Ukrainian crisis" and its strict control over dual-use goods exports.