Press "Enter" to skip to content

US Treasury Sanctions Russian Oil Companies Over Ukraine War

Scott McClallen
By Scott McClallen

Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control has imposed further sanctions as a result of Russia’s lack of serious commitment to a peace process to end the war in Ukraine.

The actions pressure Russia’s energy sector and degrade the Kremlin’s ability to raise revenue.

The United States will continue to advocate for a peaceful resolution to the war, and a permanent peace depends entirely on Russia’s willingness to negotiate in good faith. Treasury will continue to use its authorities in support of a peace process.

“Now is the time to stop the killing and for an immediate ceasefire,” Treasury Secretary Scott Bessent said in a statement.  “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.”

Read Full Article Here…(townhall.com)


Home | Caravan to Midnight (zutalk.com)

Live Stream + Chat (zutalk.com)

We Need Your Help to Keep Caravan To Midnight Going,

Please Consider Donating to Help Keep Independent Media Independent

Breaking News: