European Union sanctions
EU Approves Indefinite Freeze of Russian Assets to Fund Ukraine Support Package
Dec 13, 2025 02:50 am CST
The European Union is moving to permanently freeze €210 billion in Russian central bank assets, replacing the previous six-month renewal system with an indefinite hold. This measure paves the way for a potential €165 billion loan package to Ukraine that would function as advance war reparations, despite strong opposition from Hungary and legal challenges from Russia's central bank.
Trump Imposes Major Sanctions on Russia's Largest Oil Companies After Failed Ukraine Peace Talks
Oct 23, 2025 10:15 am CST
President Donald Trump has sanctioned Russia's two largest oil companies, Rosneft and Lukoil, after concluding that Vladimir Putin was not negotiating in good faith regarding Ukraine. The sanctions follow a canceled Trump-Putin summit in Budapest and represent one of the largest sanction packages against Russia. The European Union has also announced new measures against Russia, including a future ban on liquefied natural gas imports.