West toughens sanctions on Russia – Bundlezy

West toughens sanctions on Russia

USA and the European Union announced a new package of sanctions contra Russia In an attempt to speed up the end of the war in ukrainewhich is now over three and a half years old. The decision reflects the president’s growing frustration Donald Trump given the lack of progress in negotiations with Vladimir Putin.

Trump, who had sanctions postponed for monthsyes, he ordered freeze the assets of oil companies Rosneft and Lukoil in US territory, in addition to prohibiting companies from their country from any commercial ties with both. “Every time I talk to Vladimir, I have good conversations, and then they go nowhere,” declared the president, who expressed his hope that these “enormous sanctions” will promote a solution.

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The Secretary of the Treasury, Scott Bessent explained that the measures represent “one of the largest sanctions imposed by the United States.”os” and point directly to the financial machinery that supports the Kremlin’s offensive. Washington will announce this Thursday a substantial increase in economic pressure on Moscow.

Almost in parallel, Brussels presented its 19th sanctions package since 2022. The EU plan seeks to cut off the flow of Russian oil and gas revenues, and includes a ban on imports of liquefied natural gas from 2027, as well as the blacklisting of more than 100 vessels from the “ghost fleet” and restrictions on diplomats suspected of espionage.

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The European package will be adopted this Thursdays, coinciding with the presence of the Ukrainian president, Volodymyr Zelensky, at the summit of community leaders in Brussels.

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