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russia-sanctions

Bessent Rules Out Oil Sanctions Relief for Russia, Iran

US Treasury Secretary Scott Bessent has ruled out sanctions relief for Russian and Iranian oil, keeping full economic pressure on both countries. The move removes a potential supply boost from global markets and raises costs for countries, including India, that rely on discounted Russian crude.

Budapest Shift Threatens Putin's Key EU Ally

European leaders have welcomed political turbulence in Budapest targeting Viktor Orbán, Putin's key EU ally. The shift could remove Hungary's veto-wielding obstruction of EU sanctions and Ukraine aid decisions. Moscow loses its most dependable internal disruptor inside the European Union.

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Tag

russia-sanctions

No more sanctions relief for Russian, Iranian oil, says US Treasury Secretary

US Treasury Secretary Scott Bessent has ruled out sanctions relief for Russian and Iranian oil, keeping full economic pressure on both countries. The move removes a potential supply boost from global markets and raises costs for countries, including India, that rely on discounted Russian crude.

1mo ago · 3 min · Global Affairs

Katya Adler: Jubilation in Budapest will be felt in Europe but leaves Moscow cold

European leaders have welcomed political turbulence in Budapest targeting Viktor Orbán, Putin's key EU ally. The shift could remove Hungary's veto-wielding obstruction of EU sanctions and Ukraine aid decisions. Moscow loses its most dependable internal disruptor inside the European Union.

2mo ago · 1 min · Global Affairs

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