U.S. Treasury Secretary Scott Bessent confirmed on Tuesday that he had discussed U.S. sanctions on Russian oil giants Lukoil and Rosneft with Ukrainian Prime Minister Yulia Svyrydenko.
Bessent, in a post on X (formerly Twitter), emphasized that the conversation also highlighted President Donald Trump’s commitment to securing lasting peace in Ukraine, alongside the ongoing efforts by the U.S. government to exert pressure on Russia through economic measures.
“During our meeting, I highlighted President Trump’s commitment to securing a lasting peace in Ukraine and discussed Treasury’s sanctions on Russia’s top oil giants, Lukoil and Rosneft,” Bessent wrote.
The sanctions against these Russian oil companies have been part of the broader U.S. strategy to target Russia’s economy in response to its actions in Ukraine. By restricting the operations of major Russian oil firms like Lukoil and Rosneft, the U.S. aims to undermine Russia’s ability to fund its military operations and to exert diplomatic pressure in the region.
As the conflict in Ukraine continues, the U.S. and its allies remain focused on leveraging economic tools to strengthen the sanctions regime against Russia while supporting Ukraine in its defense efforts.
German Chancellor Merz addresses foreign companies and congratulates Azerbaijan and Armenia on peace deal...
U.S. Treasury Secretary Scott Bessent confirmed on Tuesday that he had discussed U.S. sanctions on Russian oil giants Lukoil and Rosneft with Ukrainia...
Ukrainian President Volodymyr Zelenskyy has said that his country and European partners will soon be ready to present the United States with refined d...
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The United States Senate is set to vote on Thursday on a Republican-backed plan aimed at addressing expiring Affordable Care Act (ACA) subsidies, Sena...
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