The American and European sanctions are intended as part of a broadened effort to choke off the revenue and supplies that fuel Moscow's invasion of Ukraine, compelling Putin to negotiate an end to the war.
The European Union punted until December a decision on whether to tap frozen Russian central bank assets to aid Ukraine, after Belgium demanded greater assurances that it wouldn't be held liable for risks linked to the 140 billion ($163 billion) ...
With negotiations for peace between Russia and Ukraine looking further away than ever, Kyiv confirmed that some 1,000 bodies were returned to authorities in the latest exchange ...
Oil prices spiked Thursday after the U.S. announced massive new sanctions on Russia's oil industry in an attempt to get Russian President Vladimir Putin to the negotiating table and end Moscow's brutal war on Ukraine. U.S. benchmark crude jumped 5.8%
It appears that European leaders have found a way to access Russian frozen assets to pay Ukraine for war reparations. Details are being worked out without the the U.S.
U.S. President Donald Trump has done a turnaround on sanctions against Russia, taking aim at Russia's two biggest oil companies and the billions of dollars they reap for Moscow's war ...