The US imposed new sanctions on Russian oil companies

The United States has imposed new and the most severe economic measures against Russia. This was reported by Zamin.uz.

On October 22, Washington announced sanctions against two major oil companies based in Moscow. This was announced by the US Department of the Treasury.

The new restrictions cover the companies "Rosneft" and "Lukoil". The official statement emphasized that the goal is to limit Russia's ability to finance military operations in Ukraine.

The sanctions were imposed after the planned summit between Trump and Putin was canceled. Donald Trump stated that he canceled the meeting because it would not lead to the desired outcome.

President Trump emphasized that now is the right time to impose sanctions. US Treasury Secretary Scott Bessent described this measure as a response to Russia's lack of commitment to ending the war.

He said it is time to stop the bloodshed and declare peace immediately. According to Reuters agency, this step marked a sharp turn in the Trump administration's policy.

The White House had been wavering between reconciliation with Russia and increasing pressure in recent months. Only a week ago, Trump was in favor of not rushing to impose new sanctions on Moscow.

After the sanctions were announced, oil prices rose sharply. Trump stressed the unlimited nature of the war and emphasized that Moscow is not seriously approaching peace negotiations.

At the same time, he stated that he is not yet ready to provide Ukraine with "Tomahawk" missiles. He said Ukrainians need at least six months to learn how to use the missiles.

Additionally, Trump revealed that Chinese leader Xi Jinping hopes to urge Putin to stop the fighting. These sanctions represent the strongest pressure applied by the US on the Russian energy sector since the war began.

During the Biden administration, Washington allowed allies to purchase Russian oil, but now the Trump administration has directly targeted companies. According to Atlantic Council analyst Daniel Tannebaum, this step is serious, but for effectiveness, the US must also impose secondary sanctions on third countries trading with Russia.

Trump emphasized that these measures aim to weaken the Russian economy and force it into peace negotiations. Moscow, in response to US sanctions, demonstrated its military power.

The Russian Ministry of Defense released a video showing strategic exercises involving Putin. It depicted the launch of intercontinental missiles on land, submarines, and in the air.

Experts assess this move as a political warning to the West and Kyiv. Russia has a habit of applying pressure by showing nuclear power at every critical stage.

At the same time, the European Union approved the 19th package of sanctions against Russia. According to it, imports of liquefied natural gas from Russia will be completely banned.

Sweden plans to deliver "Gripen" fighter jets to Ukraine. President Zelensky stated that Kyiv intends to receive at least 100 aircraft by next year.

EU leaders are discussing a plan to pledge Russia's frozen assets as collateral to provide Ukraine with $163 billion in financial aid. Moscow called this plan "open theft" and announced it would take retaliatory measures.

The current situation shows that the war is escalating not only on the battlefield but also in the economic sphere. This is a significant test for international politics and the economy.