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The Latest Breaking News from Moscow

Trump's turnaround on sanctions targets Russia's oil companies that fund the war in Ukraine

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 against Ukraine

The Independent UK

US And EU Sanctions On Russian Oil And Gas: What Do We Know?

The United States on Wednesday hit Russia's two biggest oil producers -- Rosneft and Lukoil -- with sanctions, the first against Russia since US President Donald returned to office.

International Business Times

Putin says he will never bow to US but concedes sanctions may cause ‘some losses’

China and India likely to scale back Russian oil imports as Trump tries to bring an end to war in Ukraine

The Guardian - UK

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Pump prices could rise after US, EU hit Russian oil companies with new sanctions and oil spikes

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

The Independent UK

Will Russia back down from war after further EU and US sanctions?

Moscow has denied that the latest round of sanctions by the EU and the new strict measures by Washington will have any effect on its economy or its war strategy, signalling that Russia will not back down on its invasion of Ukraine or agree to a ceasefire.

Euronews

Indian Refiners Plan Major Russian Oil Cuts After US Targets Rosneft, Lukoil: Report

The U.S. sanctioned Rosneft and Lukoil, two of Russia’s largest oil companies, in an effort to restrict Moscow's energy earnings.

Benzinga

Ukraine will not cede any of its territory, Zelenskyy tells Euronews

There will be no territorial concessions in Ukraine, the Ukrainian president said, answering Euronews' question on whether Kyiv is now being pressured into territorial concessions.

Euronews

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Putin supervises nuclear forces drills as sanctions mount on Russia over its war against Ukraine

The Kremlin said as part of Moscow’s nuclear triad and drills, an intercontinental ballistic missile was test-fired from the Plesetsk launch facility in northwestern Russia, and a Sineva ICBM was launched by a submarine in the Barents Sea.

Euronews

Freezing the war at current frontlines is 'a good compromise,' Zelenskyy says

Ukraine and Europe are pushing for a ceasefire along the current frontlines as a first step towards any peace agreement. They hope that US President Donald Trump will support the idea and put more pressure on Moscow to accept it.

Euronews

EU Seeks To Shore Up Ukraine As Trump Wavers On Peace Push

EU leaders will look Thursday to greenlight a potential mammoth new loan for Ukraine using Russian frozen assets, in a bid to bolster Kyiv as US President Donald Trump vacillates on peace efforts with Moscow.

International Business Times

Ukraine-Russia war latest: Kyiv allies pledge to take Russian oil off market to ‘choke’ Putin’s war machine

Sir Keir Starmer said allies had agreed a ‘clear plan for the rest of the year’ on supporting Ukraine

The Independent UK

Trump Freezes Out Moscow, Full Sanctions Slapped On Russian Oil Giants Rosneft And Lukoil — Crude Oil Futures Surge

In a sweeping escalation of economic pressure on Russia, the U.S. Department of the Treasury said that it will be imposing full blocking sanctions on its two largest oil companies, Rosneft and Lukoil, citing Moscow’s “lack of serious commitment to a peace process to end the war in Ukraine.”

Benzinga

US sanctions major Russian oil companies and calls for Moscow to accept immediate Ukraine ceasefire – as it happened

Trump says he canceled meeting with Putin because ‘we have good conversations but then they don’t go anywhere’

The Guardian - US

Trump slaps Russia’s biggest oil companies with sanctions over Ukraine war: ‘Now is the time to stop the killing’

Treasury Secretary Scott Bessent announced the tough new measures against Moscow after the White House scrapped plans for talks with Putin

The Independent UK

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International Business Times

NATO Chief Brushes Off Concerns Of Trump-Zelensky Rift

NATO Secretary General Mark Rutte on Wednesday downplayed concerns about tensions between Donald Trump and Ukraine's Volodymyr Zelensky, while reiterating his belief that "only" the US president could achieve peace between Moscow and Kyiv.

The Guardian - UK

Zelenskyy calls Trump’s proposal to freeze war at current frontlines ‘good compromise’

US president’s remark seen as modest win for Ukrainian leader, who acknowledges Russia will not accept proposal

The Independent UK

Why Trump and Putin’s latest summit has collapsed – and what it means for peace in Ukraine

US President Donald Trump said that a meeting between the two leaders would be a ‘waste of time’ as Moscow digs in on its red lines

The Independent UK

Ukraine-Russia war latest: Trump sanctions Russian oil giants over Putin’s ‘lack of commitment to peace’

US president said he has good conversations with his Moscow counterpart but they ‘just don’t go anywhere’

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The Independent UK

Cancelling the Putin-Trump Budapest summit ends the fantasy the US president can deliver peace in Ukraine

ANALYSIS: Sam Kiley in Dnipro, Ukraine, welcomes the collapse of the Budapest summit and argues that to give peace a chance Kyiv must be able to better make war

Euronews

No Trump-Putin meeting in foreseeable future — this is why

Moscow has rejected the possibility of a ceasefire in Ukraine, stating that this idea contradicts the agreement reached by Vladimir Putin and Donald Trump in Alaska. Yet the Kremlin still wants the second meeting between the two in Budapest to proceed.

Euronews

Moscow's demands have not changed after Trump-Zelenskyy meeting, Kremlin says

The Kremlin has not changed its stance on its territorial demands from Ukraine, Moscow said, rejecting speculation that Russia might have scaled back its terms for a possible ceasefire to end the war.

The Independent UK

Ukrainian drones strike major Russian gas plant as Trump says Kyiv may have to trade land for peace

Ukrainian drones have struck a major gas processing plant in southern Russia, causing a fire

Evening Standard

Trump says giving Ukraine Tomahawk missiles could escalate war with Russia as he meets Zelensky at White House

Tomahawk missiles could dramatically increase Ukraine’s strike capabilities — placing Russian military bases well within their reach

The Independent UK

Putin’s mini-coup in the White House has beaten Zelensky to the punch with Trump

COMMENT: Putin sneaked in a call to the White House before Zelensky arrived in the US, turning Trump back to his side after the president drifted towards democracy. World affairs editor Sam Kiley in Zaporizhzhia, Ukraine, explains how

Axios

Why giving Ukraine Tomahawk missiles could be a gamechanger in the Russia war

Tomahawks would bring Moscow into range.

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