US reportedly assures EU about role in Ukraine peace talks as Russia seeks sanctions relief
The move may reassure European leaders, who have expressed concerns that the U.S. would attempt to broker a deal without their involvement.
Sanctions against Russia
Rubio asked Hungary not to block EU sanctions, Politico reports
Budapest had initially planned to veto the sanctions renewal, citing U.S. President Donald Trump's return to the White House and the possibility of a shift in U.S. policy toward Russia.
Russia sanctions could be eventually eased in exchange for security, justice for Ukraine, Ukrainian official suggests
Western sanctions against Russia could be eventually eased if the step ensures security and justice for Ukraine, top Ukrainian sanctions official Vladyslav Vlasiuk told Politico in an interview published on March 17.
‘Painful for Russia:’ What new U.S. sanctions on Russian energy mean for Moscow
The Trump administration dealt a blow to Russia's energy sector last week after it let lapse an exemption allowing Russian banks to use U.S. payment systems for energy transactions. The move closed an important financial channel for Russian oil and gas exports and comes as Washington looks for ways
EU resists pressure from Hungary, Orban, extends Russia sanctions
The European Union has reached a deal with Hungary to renew sanctions on more than 2,400 primarily Russian entities and individuals hours before they were set to expire on March 15, an EU official with knowledge of the negotiations told the Kyiv independent. The EU had been braced for
Russia using cryptocurrency in oil trade with China, India to bypass sanctions, Reuters reports
Sources suggest that Russia will likely continue using digital currencies in energy trade even if Western sanctions are lifted.
Chinese state oil firms cut Russian crude purchases over sanctions fears, Reuters reports
"They are taking a break for now while contemplating if there are ways to work around," a source told Reuters.
US has not discussed Russia sanctions relief with EU, Rubio says
U.S. Secretary of State Marco Rubio emphasized that any final resolution to the war would have to involve European leaders "because of their sanctions that they've imposed."
Washington considers easing sanctions on Russian oil, Bloomberg reports
Easing the price ceiling on Russian oil is allegedly one option under consideration, Bloomberg reported.
Russia moves to curb Chinese car imports with higher fees, tighter regulations
Chinese car exports to Russia surged sevenfold in 2023 compared to 2022, as Western sanctions over Moscow’s war against Ukraine cut Russia off from brands like Volkswagen, Toyota, and BMW.
Russia's arms exports plunge by 47% since full-scale invasion's start, SIPRI reports
The decline is attributed to Russia prioritizing weapons production for its own military, the impact of Western sanctions, and increased pressure from the U.S. and its allies on countries purchasing Russian arms, the report said.
EU prepares for possible Hungarian veto on Russia sanctions extension, media reports
The European Union is bracing for a potential Hungarian veto on extending sanctions against Russia, which are set to expire on March 15, Euractiv reported on March 10, citing sources familiar with the matter.
Republican senator says ditching Ukraine would 'be worse than Afghanistan,' touts new Russia sanctions pitch
U.S. Senator Lindsey Graham added he will introduce legislation to sanction Russia's banking and energy sectors "next week" in a bid to bring Moscow to the negotiating table.
US vetoes G7 proposal to establish task force on Russia's 'shadow fleet,' Bloomberg reports
The United States vetoed a Group of Seven (G7) proposal to establish a joint task force that would tackle sanctions evasion related to Russia's 'shadow fleet,' Bloomberg reported on March 8.
US Chamber of Commerce in Russia readies proposals on sanctions relief
The proposed recommendations focus on lifting restrictions on the aviation and banking industries, investments, and luxury goods shipments.
US ready to go 'all in' on sanctions against Russia, treasury secretary says
"This administration has kept the enhanced sanctions in place and will not hesitate to go 'all in' should it provide leverage in peace negotiations," U.S. Treasury Secretary Scott Bessent said on March 6.
Trump lifting US sanctions on Russia would be ‘huge win’ for Putin, ‘chaos’ for global economy
U.S. President Donald Trump’s administration is reportedly ready to lift sanctions on Russia imposed after the start of the full-scale invasion, in a reversal of U.S. policy toward Moscow during its war against Ukraine. The White House is preparing a plan to potentially give Russia sanctions relief
Vance denies lack of Trump admin's pressure on Russia
"Well, I don’t think that’s right, actually," U.S. Vice President JD Vance replied to a journalist who suggested that Washington is exerting pressure on Kyiv but not on Moscow.
Sanctions, shrinking exports spark crisis in Russia's coal industry, media reports
Financial troubles have forced eight coal companies in Russia's Kemerovo Oblast to halt operations, leaving hundreds of miners without pay for months, according to Governor Ilya Seredyuk.
Canada imposes new sanctions against Russia
Canada introduced new sanctions on March 2 against 10 Russian individuals and 21 entities, including paramilitary groups.
Putin ally pushing for US, Russia restart of Nord Stream 2, FT reports
Matthias Warnig, who led Nord Stream 2’s parent company on behalf of Kremlin-controlled gas giant Gazprom until 2023, is reportedly trying to establish contact with U.S. President Donald Trump's team through American businessmen.
Turkish imports of Russian oil drop nearly fourfold after new sanctions
Turkish imports of Russian oil plummeted in February in response to sweeping sanctions the U.S. and U.K. imposed on Russia's oil sector in January.
Trump extends some sanctions against Russia until 2026
The decision comes amid Trump's renewed engagement with Russia, including talks on Feb. 18 on ending the war in Ukraine and the potential reopening of embassies in Washington and Moscow.
Ukraine war latest: Trump says he will meet Zelensky on Feb. 28 in Washington to sign agreement on minerals
Key developments on Feb. 26: * Trump says he will meet Zelensky on Feb. 28 in Washington to sign agreement on minerals * No security guarantees in US minerals deal, to be discussed later, Zelensky says * US, Russia to meet again tomorrow in Istanbul, Lavrov says * No sanctions relief for Russia pre-deal
No sanctions relief for Russia pre-deal and Ukraine 'can forget about' NATO, Trump says
U.S. President Donald Trump said on Feb. 26 that Ukraine will not be allowed to join NATO as part of a future peace agreement with Russia and ruled out lifting sanctions on Moscow before a deal is reached.
Trump says sanctions against Russia to be lifted 'at some point'
"No, we haven't lifted any sanctions on anybody… I guess it will be at some point, but right now, we haven't agreed to lift sanctions on anybody," Donald Trump said.
Hungary seeks removal of eight names from EU Russia sanctions list, Reuters reports
Hungary is demanding the removal of eight individuals from the EU's Russia sanctions list and guarantees on Ukraine's gas transit talks before agreeing to renew restrictions, Reuters reported on Feb. 25, citing sources familiar with the matter.
EU officially adopts 16th package of sanctions against Russia
The new measures, announced on the third anniversary of the all-out war, target Russia's "shadow fleet" of oil tankers, banks, aluminum imports, and other sectors.
Australia, New Zealand impose new sanctions against Russia
Australia has introduced the most extensive package of sanctions since the beginning of the all-out war, while New Zealand imposed restrictions on over 50 individuals and entities.
UK to ban entry for Russian elites as Starmer heads to Washington for Ukraine talks
The U.K. will impose a travel ban on individuals who have significant ties to the Russian state or have built their wealth through Kremlin connections. The new sanctions come amid broader Western efforts to tighten pressure on Moscow.
Putin orders ministers to prepare for Western companies' return to Russia
"We can adjust accordingly the return to our market of those who want to return," Russian President Vladimir Putin said, suggesting potential restrictions or conditions for Western firms looking to resume operations in Russia.
Sanctions remain vital for maintaining international pressure on Russia, Deputy PM says
Sanctions against Russia remain a key tool of international pressure, Deputy Prime Minister and Justice Minister Olha Stefanishyna said on Feb. 19.
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