Posted on 10/22/2025 2:18:37 PM PDT by marcusmaximus
The White House has hit President Putin with a “substantial” package of sanctions against Russia’s two largest oil companies in a sign of President Trump’s growing impatience over the war in Ukraine.
Scott Bessent, the US treasury secretary, said last night: “President Putin has not come to the table in an honest and forthright manner, as we’d hoped.”
Announcing a raft of new penalties, Bessent added: “Given President Putin’s refusal to end this senseless war, Treasury is sanctioning Russia’s two largest oil companies that fund the Kremlin’s war machine. Treasury is prepared to take further action if necessary to support President Trump’s effort to end yet another war. We encourage our allies to join us in and adhere to these sanctions.”
The sanctions target the two Russian oil giants Open Joint Stock Company Rosneft Oil Company (Rosneft) and Lukoil OAO.
It is the clearest indication yet that Trump could be losing patience with Putin and comes after plans for a summit with the Russian leader in Budapest collapsed earlier this week.
The Wall Street Journal reported that the Trump administration had given Kyiv approval to use long-range missiles to strike targets in Russia. Trump firmly denied the report in a message on Truth Social, saying: “The US has nothing to do with those missiles, wherever they may come from, or what Ukraine does with them!”
On Tuesday, the Ukrainian military used a number of Storm Shadows to strike a Russian chemical plant in Bryansk that produces gunpowder, explosives and rocket fuel. Bryansk is about 70 miles from the Ukrainian border.
(Excerpt) Read more at thetimes.com ...
Sanctions which will be gotten around in 5 minutes or less. When 47 closes access to the Swift banking system, we will know he is getting serious, until then, its just another tap on his best bro’s wrist.
Game changer!!!
Trump is Putin’s Puppet!!!
Russia has already been banned from SWIFT.
I think in 2022 or 2023.
Assets of these companies are now blocked and frozen.
Economic sanctions one step short of what comes next. Russia is not backing down IMHO neither is China with its economic measures.
Germany’s auto industry crippled by the chip export decision coming from China in recent days.
Peter Hitchens wrote early on the likely winner of the Ukraine War would be China.
Just did some AI queries.
Rosneft and Lukoil were already under UK and EU sanctions. Doesn’t seem to have meant anything then or now. Hong Kong remains the banking center of Asia and that is where the assets will live.
There's still an "if" ? What more do they have to do before it does become necessary ?
Biden never sanctioned them.
The Russians most certainly know that a ceasefire without a final peace treaty will benefit Ukraine far more than them — by giving the losing Ukrainians the opportunity to rearm and strengthen their defensive lines. That’s why the USA insisted on Japan’s surrender, rather than a ceasefire, during WW-II. And that’s also why the ceasefire in Gaza is destined to fail.
President Trump is calling the shots now. Not Putin.
Ukrainian “sanctions” are being implemented and effective
Rosneft and Lukoil were already under UK and EU sanctions. Doesn’t seem to have meant anything then or now. Hong Kong remains the banking center of Asia and that is where the assets will live.
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Sanctions against Russia are a “feel good” measure for when the Western Ukraine Project went sideways for the West.
Same with “Tomahawk Talk” which is intended to keep the war going longer than necessary.
Russia’s exposure to economic leverage from its opponents is very small.
What Kherson doink?
Sanctions on a raft? It sounds like they’ll get wet.
Need to hit that reset button.
What would the sanctions be specifically?
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