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The Latest Breaking News from Vladimir Putin

Asian shares retreat and crude prices soar $2 after Trump sanctions Russian oil giants

Shares are mostly lower in Asia following a retreat on Wall Street, while crude prices jumped more than $2 after U.S. President Donald Trump announced sanctions on Russian oil giants

The Independent UK

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

Will US sanctions on Russian oil companies be effective, and why is Trump imposing them now?

Measures against Rosneft and Lukoil mark first time US has imposed sanctions on Russia since Trump’s return to office

The Guardian - AU

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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

Business Brief (Oct. 23): Trump Expects to Reach Trade Deal With China Next Week

Trump cancels meeting with Putin and signals sanctions, expert warns of early flu season in China

Caixin Global

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

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Crude Spikes As Trump Threatens Russian Giants, Stocks Turn Lower

Crude prices spiked more than two percent Thursday after Donald Trump said he would hit two Russian oil companies with hefty sanctions, while talk that the White House was planning curbs on software exports to China added to gloom on markets.

International Business Times

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

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

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

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The Independent UK

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

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

Volodymyr Zelensky says attacks show Russia is not serious about diplomacy

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.

Euronews

Ukraine loan, climate goals and Chinese curbs set to dominate EU summit

Ukrainian President Volodymyr Zelenskyy will attend the EU summit and plead for fresh support after his disappointing visit to the White House.

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Roll Call

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.

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

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

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