sanctions on Russia

U.S. Treasury extends licence for sale of Lukoil foreign assets until late June

The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) has extended the deadline for the sale of Russian oil giant Lukoil’s foreign assets by nearly a month, according to an OFAC document dated May 28.

29 May, 02:20 PM

No good news yet on sanctions, Kallas says as EU works to clear obstacles

There is still no good news on sanctions, European Union foreign policy chief Kaja Kallas said on March 31, Suspilne reported.

31 March, 03:57 PM

Zelenskyy presses Trump meeting to unlock stalled Russia sanctions talks

Talks on sanctions against Russia between Ukraine and the United States will require a face-to-face meeting because no discussion has yet taken place between the two presidents, Ukrainian President Volodymyr Zelenskyy said while speaking with journalists, Interfax-Ukraine reported on March 14.

15 March, 10:30 PM

EU aims for full Russian crypto ban—report

The European Union has proposed a complete ban on cryptocurrency transactions linked to Russia to stop Moscow from evading sanctions through assets outside the traditional banking system, the Financial Times reported on Feb. 10.

11 February, 01:06 AM

Britain eyeing seizures of Russian shadow fleet tankers

Britain is considering military seizures of Russian shadow fleet tankers to enforce sanctions and further cut Moscow’s oil revenues, potentially “opening a new front” against Russia, The Guardian reported on Feb. 7.

7 February, 08:43 PM

Sanctions on Russia can be expanded if peace talks stall — Bessent

The United States Treasury Department is considering the possibility of tightening sanctions against Russia, with further restrictions depending on the course of peace negotiations, Treasury Secretary Scott Bessent said on Feb. 5.

6 February, 08:26 AM

U.S. prepares new Russia sanctions but shows no sign of enforcing them

The United States has prepared additional sanctions targeting Russia, but there’s no indication they’ll be enforced any time soon, Bloomberg reported on Feb. 4, citing European officials.

4 February, 02:32 PM

EU Parliament committee backs ban on Russian, Belarusian steel

The European Parliament's International Trade Committee has approved measures to restrict steel imports to the EU market, including a full ban on steel from Russia and Belarus, according to a statement on the parliament's website on Jan. 27.

2 February, 07:15 PM

EU preparing 20th Russia sanctions package targeting oil, banks, shadow fleet

The European Union is preparing its 20th package of sanctions against Russia that would intensify pressure on Kremlin oil revenues, expand restrictions on banks and the shadow fleet, and target sanctions-evasion schemes, Bloomberg reported on Jan. 30, citing people familiar with the talks.

31 January, 12:25 PM

Kallas says EU aims to adopt 20th Russia sanctions package on Feb. 24

The European Union plans to approve its 20th package of sanctions against Russia on Feb. 24, EU High Representative for Foreign Affairs and Security Policy Kaja Kallas said after a meeting of the EU Foreign Affairs Council, according to European Pravda, on Jan. 29.

30 January, 01:40 AM

Spain escorts sanctioned Russian oil tanker to Morocco without arrest

A Spanish rescue vessel escorted a tanker under EU sanctions for transporting Russian oil to a port in Morocco without detaining it, Reuters reported on Jan. 27.

28 January, 04:23 PM

8 Iskander-K producers unsanctioned, Ukraine's intelligence reveals

Eight enterprises involved in producing Russia’s Iskander-K cruise missiles remain free of any sanctions, Ukraine’s Defense Intelligence (HUR) reported on Telegram on Jan. 21.

21 January, 03:55 PM

Trump backs bipartisan bill for tougher Russia sanctions, Graham says

President Donald Trump has agreed to support a bipartisan bill that would tighten sanctions on Russia, particularly targeting its oil revenues, Republican Sen. Lindsey Graham said on Jan. 8, after a meeting with the president.

8 January, 12:04 PM

Russia’s war economy nears breaking point

Russia’s economy is sliding toward a deep recession and faces the risk of a systemic banking crisis amid falling oil revenues, mounting Western sanctions, and the depletion of financial reserves, The Washington Post reported on Dec. 22, citing economic analysts and official Russian data.

23 December 2025, 08:51 AM

EU extends Russia sanctions through July 2026

The Council of the European Union has extended sanctions against Russia for another six months — through July 31, 2026 — the Council’s press service announced on Dec. 22.

22 December 2025, 07:58 PM

EU sets sights on 20th sanctions package against Russia

The European Union’s 20th package of sanctions against Russia for its aggression against Ukraine is expected to be adopted in early 2026, the block’s leaders announced after the Dec. 18 European Council meeting in Brussels.

19 December 2025, 10:27 AM

Russia struggles to protect its shadow fleet tankers

Russia’s shadow fleet of old, uninsured tankers used to evade sanctions is increasingly suffering damage and destruction, revealing how vulnerable this covert logistics network has become.

12 December 2025, 10:26 AM

Shell severs partnership with Rosneft in Caspian Pipeline Consortium

Shell PLC intends to exit its partnership with Russia's PJSC Rosneft, with which it jointly owns a stake in a pipeline transporting oil from Kazakhstan, Bloomberg reported on Dec. 10.

11 December 2025, 02:00 PM

Putin tries to show U.S. Russia's economy is strong enough for long war with Ukraine

Russian dictator Vladimir Putin is trying to demonstrate that Russia's economy is supposedly strong enough to wage a long war against Ukraine. He is likely doing this to support the Kremlin's information efforts, which create the impression of Russia's "inevitable victory," according to a report by the U.S.-based Institute for the Study of War (ISW) on Dec. 8.

9 December 2025, 12:01 PM

EU and G7 may ban shipping services to block Russia’s global oil exports

The European Union and G7 nations are discussing a plan to scrap the price cap on Russian oil exports and replace it with a full ban on maritime services used to ship Russian crude, Reuters reported on Dec. 5.

6 December 2025, 01:31 PM

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