According to Washington, the measures seek to increase pressure on the Russian energy sector and limit the Kremlin’s ability to generate revenue to finance its military machine.
Mexico City, October 22 (However).- The Administration of Donald Trump imposed this Wednesday a new package of sanctions against the main oil companies of Russiaarguing a “lack of commitment” from Moscow in the talks to reach a peace agreement with Ukraine.
The Office of Foreign Assets Control (OFAC) of the Treasury Department included the country’s two largest oil companies in its sanctions list, Rosneft y I locked itas well as more than thirty of its subsidiaries based in Russian territory, according to a statement official.
“Now is the time to stop the killing and for an immediate ceasefire. In the face of President Putin’s refusal to end this senseless war, the Treasury is sanctioning the two largest Russian oil companies that finance the Kremlin’s war machine,” said Treasury Secretary Scott Bessent.
Treasury is imposing further sanctions as a result of Russia’s lack of serious commitment to a peace process to end the war in Ukraine. Today’s actions increase pressure on Russia’s energy sector and degrade the Kremlin’s ability to raise revenue for its war machine and support…
— Treasury Department (@USTreasury) October 22, 2025
Peace negotiations have been stalled since the Russian and Ukrainian delegations met for the last time in Istanbul on July 23.
Bessent added that his department is willing to “take further action, if necessary, to support President Trump’s efforts” to end another war, and urged the United States’ international partners to join the sanctions and “comply with them.”
According to Washington, the measures seek to increase pressure on the Russian energy sector and limit the Kremlin’s ability to generate revenue to finance its military machine and shore up its weakened economy.
“The United States will continue to advocate for a peaceful solution to the war,” the statement concluded.
President Trump:
We cancelled the meeting with President Putin. It didn’t feel right to me. It didn’t feel like we were going to get to the place we have to get. So I cancelled it. But we’ll do it in the future. pic.twitter.com/wFchZvpyRE
— Anton Gerashchenko (@Gerashchenko_en) October 22, 2025
Trump confirms cancellation of meeting with Putin
Trump confirmed this Wednesday the cancellation of the planned meeting with Vladimir Putin, his Russian counterpart, in the Hungarian capital, Budapest, amid the impasse in talks to end the Russian invasion of Ukraine.
“We canceled the meeting with Putin. It just didn’t seem right to me. It didn’t seem like we were going to get where we needed to, so I canceled it. But we will have it in the future,” he said in statements to the media from the Oval Office, where he was accompanied by the Secretary General of the North Atlantic Treaty Organization (NATO), Mark Rutte.
Likewise, he once again justified his decision of not having acceded to kyiv’s request to deliver Tomahawk missiles and pointed out the complexity of their use as one of the reasons why he has ruled out their delivery.
“The problem with the Tomahawk, which many people don’t know, is that it takes a minimum of six months, usually a year, to learn how to use it. It is extremely complex. The only way for a Tomahawk to be fired is for us to fire it, and we are not going to do that,” he said.
-With information from Europa Press.
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