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The Latest Breaking News from Russia

Trump news at a glance: Oil prices jump after president puts sanctions on Russia in major policy shift

Trump, who has to date not put sanctions on Russia over the war and instead relied on trade measures, says Rosneft and Lukoil will be targeted. Key US politics stories from Wednesday 22 October

The Guardian - US

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

U.S. sanctions Russia's 2 biggest oil firms after Trump cancels Putin summit

This is the first time the U.S. has imposed sanctions against Russia over the war with Ukraine since Trump assumed office.

Axios

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US imposes sanctions on Russian oil over Putin’s ‘refusal’ to end war in Ukraine

Trump administration hardens stance against the Kremlin day after cancelling a planned summit with Russian leader

The Guardian - UK

United States targets Russian oil giants over Vladimir Putin’s refusal to end 'senseless' war in Ukraine

Scott Bessent claimed the measures against Rosneft and Lukoil will ‘degrade’ the Kremlin’s military efforts

Evening Standard

British and German military aircraft join forces to hunt down Russian submarines

British and German forces will jointly conduct defensive patrols for Russian submarines from RAF Lossiemouth

The Independent UK

EU and US impose new sanctions on Russia to force ceasefire in Ukraine

The Trump administration has imposed sanctions on Russian energy majors for the first time, citing Moscow's "lack of serious commitment to a peace process to end the war". In parallel, the EU also adopted fresh sanctions.

Euronews

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North Korea has stolen billions in cryptocurrency and tech firm salaries, report says

North Korean hackers have stolen billions of dollars by breaking into cryptocurrency exchanges and by creating fake identities to get remote jobs for foreign tech firms, a new report finds

The Independent UK

Crude Prices Jump on Possible US-India Trade Deal and Lower EIA Inventories

December WTI crude oil (CLZ25 ) on Wednesday closed up +1.26 (+2.20%), and December RBOB gasoline (RBZ25 ) closed up +0.0375 (+2.12%). Crude oil and gasoline prices rallied sharply on Wednesday, posting one-week highs. Crude prices jumped on Wednesday after India's Mint newspaper reported that the US and India are...

Barchart

Russia bombards Ukraine - but Putin still tries to salvage Budapest summit with Trump

Volodymyr Zelensky says attacks show Russia is not serious about diplomacy

The Independent UK

Trump's multi-million request puts DOJ integrity to the test, legal scholars say

"The basic ethical rules for the federal government are just completely in tatters right now," one legal scholar said.

Axios

Senate bills pressuring Russia advance into uncertain future - Roll Call

Congressional actions on Ukraine demonstrate support remains strong among majorities of both parties on Capitol Hill.

Roll Call

Donald Trump's Revenge List Exposed: Barack Obama, Hillary Clinton Could Face 'Real Legal Trouble' Very Soon

Donald Trump's alleged 'revenge list' reportedly includes Barack Obama and Hillary Clinton, with insiders claiming the President wants them held legally accountable over 'Russian Hoax'.

International Business Times UK

Crude Oil Rallies on Possible US-India Trade Deal and Unexpected Draw in EIA Inventories

December WTI crude oil (CLZ25 ) today is up +1.17 (+2.04%), and December RBOB gasoline (RBZ25 ) is up +0.0352 (+1.99%). Crude oil and gasoline prices are up sharply today, reaching one-week highs. Crude prices jumped today after India's Mint newspaper reported that the US and India are nearing a...

Barchart

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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

Critics fear Putin is ‘cynically using’ Melania Trump as she pleads with Russia to return kidnapped Ukrainian children

The first lady has been engaging in ‘back channel’ talks over Ukrainian children who’ve been kidnapped by Russian forces

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 Guardian - UK

As the US flip-flops on the path to peace, Europe’s ‘coalition of the willing’ rallies round Ukraine

From unanimity on a reparations loan to the unpredictability of Trump, EU leaders will gather this week with agreement on ending the war still fraught with hurdles

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Euronews

European defence stocks rally as summit between Trump and Putin stalls

European defence stocks rallied as plans for a Trump–Putin summit were taken off the agenda. Analysts expect sustained defence spending, driven by NATO pressure and ongoing Russian threats despite ceasefire efforts.

Evening Standard

Zelensky: Trump's call to freeze current frontlines in Ukraine is 'good compromise'

The Ukrainian president is visiting Sweden on Wednesday to discuss a possible export deal

The Independent UK

Putin directs drills of Russian nuclear forces as his summit with Trump is put on hold

Russian President Vladimir Putin has directed drills of the country’s strategic nuclear forces that featured practice missile launches

The Independent UK

Hundreds of Russian troops stranded and starving in ‘death zone’ on Ukraine’s Dnipro River

Russian troops have been forced to drink river water as they lie marooned on the Dnipro delta

Axios

Putin's war is "not just about Ukraine," says Estonian ambassador

Russia is already waging a surveillance-and-sabotage campaign across Europe. It has NATO's attention.

Euronews

Russian strike hits Kharkiv kindergarten, children evacuated amid blaze

Russia attacked Ukraine's second-largest city of Kharkiv on Wednesday, hitting a kindergarten with children in attendance. Ukraine’s president said all children have been evacuated, with many “experiencing acute stress reactions”.

International Business Times

Russian Strikes Kill Six, Cut Power Across Ukraine

A Russian overnight barrage on Ukraine killed six people in and around the capital Kyiv and triggered power cuts across the country, Ukrainian authorities said Wednesday.

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