Europeans announce fresh sanctions on Russian economy, trade in latest push to end Ukraine war

The European Union unveiled sweeping new sanctions targeting Russia’s economy and energy trade Friday, days after President Trump urged NATO nations to halt all oil purchases from Moscow. The bloc’s ... Read More

Europe Announces New Sanctions to Ramp Up Pressure on Russia

The latest set of European Union restrictions are aimed at chipping away at Russia’s energy profits and ability to do business globally. Read More

Why Haven’t Sanctions on Russia Stopped the War? The Money Is Still Flowing.

For decades, companies feared being on the wrong side of U.S. sanctions. That’s not always true anymore. By Aaron Krolik What kind of power can the United States exert to punish other countries for ... Read More

With freeze on new Russia sanctions, Trump abandons key Biden tactic

New sanctions were a key economic weapon in the Biden administration’s response to the Russian invasion of Ukraine, used by the White House to apply mounting pressure on a near-weekly basis, at great ... Read More

EU's 19th Russia sanctions package delayed as Trump applies pressure

The European Commission will delay presenting its next Russia sanctions package, EU officials said on Tuesday, as the bloc tries to respond to the Trump administration's demand that it play a stronger ... Read More

EU Considers Secondary Sanctions to Hit Russia’s War Effort

The European Union is mulling introducing secondary sanctions in an effort to prevent third countries from helping Russia circumvent the bloc’s existing punitive measures against Moscow, according to ... Read More

Despite sanctions, many countries are still importing Russian products

Economic sanctions and trade restrictions against Russia following its full-scale invasion of Ukraine were set to force Moscow's hand. But the U.S. and Europe continue to rely on Russian imports. Why ... Read More

Russian oil refineries, terminals burn as Ukraine hits Putin's war economy

Ukraine hit 10 Russian refineries in recent days Some 17% of Russian refining capacity disrupted Some regions experience gasoline shortages Kyiv raising stakes for potential peace deal MOSCOW, Aug 25 ... Read More