The Trump administration’s reported proposal to restore Russian gas supplies to Europe through Ukraine marks a reversal of Washington’s longstanding energy policy. Behind the promise of an economic incentive for peace lies a more consequential question: whether Europe is being asked to restore the very dependence on Moscow that it has spent four years dismantling.

The administration of US President Donald Trump is considering the restoration of Russian natural gas supplies to Europe, including through Ukraine’s pipeline network, as part of a proposed settlement to end Russia’s war against Ukraine. The initiative would offer Moscow renewed energy revenues while potentially opening opportunities for American investors to participate in the trade.

According to a New York Times investigation published on 17 October, presidential envoys Steve Witkoff and Jared Kushner have raised the proposal with Ukrainian and European officials, including President Volodymyr Zelenskyy. The White House has confirmed that economic incentives for Russia and Ukraine form part of its peace diplomacy, although no agreement on renewed gas transit has been announced.

The proposal would require Ukraine to reopen a transit route that ceased operating for Russian exports in January 2025, while European governments would be expected to resume purchases they have spent years reducing. American negotiators reportedly regard the prospect of renewed commercial revenues as an incentive for President Vladimir Putin to reach a settlement.

There is, however, a considerable difference between offering Russia a commercial opportunity after a verified peace agreement and restoring a source of revenue and political influence before Moscow has demonstrated any willingness to abandon its territorial objectives.

From opposition to Russian gas to facilitating its return

The reported initiative represents a reversal of Trump’s earlier position on European energy security.

During his first presidency, Trump repeatedly warned Germany that its dependence on Russian energy exposed it to political pressure from Moscow. Speaking at the United Nations General Assembly in September 2018, he accused Berlin of becoming dangerously dependent on Russian supplies. Members of the German delegation visibly smiled at his remarks.

The episode acquired renewed significance after Russia’s full-scale invasion of Ukraine in February 2022. Germany had developed an extensive commercial relationship with Gazprom, while the Nord Stream pipelines were intended to facilitate Russian gas deliveries directly to Germany, bypassing traditional transit countries, including Ukraine.

Trump maintained his opposition to those energy relationships well into his second presidency. As EU Today reported in September 2025, he told European governments that continuing to purchase Russian energy amounted to financing the war against themselves.

Washington is now reportedly considering precisely the commercial relationship that Trump previously identified as a strategic danger.

The change cannot be explained solely by the objective of ending the war. It also coincides with discussions about a substantially different economic arrangement, in which American commercial interests could participate in infrastructure and transactions previously dominated by Russia and European energy companies.

American investors and the economics of peace

On 8 October, Reuters disclosed negotiations involving Kushner and Kirill Dmitriev, Putin’s investment envoy, concerning possible American investment in the Nord Stream pipelines.

The discussions included the prospect of US investors profiting from renewed Russian gas deliveries to Europe. Separate negotiations have involved assets belonging to the Russian energy company Lukoil.

The White House has denied that Nord Stream was a subject of recent discussions and has said any agreements must benefit American taxpayers and companies. There is no established evidence that Witkoff, Kushner or members of Trump’s family would personally profit from the proposed gas arrangements.

Nevertheless, the possibility of American participation changes the commercial equation. Russian gas returning to Europe through infrastructure involving US investors would no longer be exclusively a Russian-European business relationship.

That distinction matters financially, but it does not necessarily resolve the underlying security problem. American ownership of transit infrastructure would not eliminate Moscow’s ability to influence production, supply volumes or export decisions.

The European Union has already confronted the consequences of allowing an energy relationship to become a source of geopolitical leverage. Introducing American intermediaries would not, by itself, remove that vulnerability.

Europe’s legal and political obstacles

The proposal also conflicts with legislation already adopted by the European Union.

In January 2026, the Council formally approved a regulation phasing out Russian natural gas imports. The restrictions began taking effect in March, with the remaining long-term LNG imports scheduled to end in January 2027 and pipeline imports in autumn 2027.

Consequently, restoring substantial Russian supplies would require changes to existing EU policy or the use of legally available exceptions. Neither Washington nor Moscow can make that decision on Europe’s behalf.

Germany has already opposed the reported American initiative. Chancellor Friedrich Merz’s security adviser, Günter Sautter, reportedly objected during discussions in Florida, while former economy minister Robert Habeck warned against recreating dependence on an unreliable supplier.

The economic attraction remains understandable. European industry faces substantial energy costs, and cheaper pipeline gas could offer relief to some consumers and manufacturers. Yet commercial prices do not account for the wider costs associated with supply disruption, strategic exposure and the potential use of energy exports as political leverage.

Europe’s decision to reduce Russian gas imports was therefore not simply a change of supplier. It was a response to the security implications of its previous energy model.

The consequences for European politics

The initiative also intersects with divisions inside European politics, particularly in Germany.

Alternative for Germany (AfD) has repeatedly advocated restoring Russian energy imports, arguing that sanctions and expensive replacement supplies have damaged German industry. Sahra Wagenknecht’s left-wing BSW has advanced similar arguments concerning energy prices and relations with Moscow.

The overlap extends beyond energy policy. On 14 October, AfD and BSW representatives supported a motion in Saxony-Anhalt calling for an end to military assistance for Ukraine.

A US-backed proposal to restore Russian gas could give these parties an additional argument against the federal government’s existing approach. They would be able to point to Washington’s own negotiations when questioning the economic and strategic rationale for maintaining restrictions on Russian energy.

This does not establish that the Trump administration’s gas initiative is intended to strengthen particular European political movements. It does demonstrate how the same policy could serve several objectives simultaneously: commercial rapprochement with Russia, a negotiating incentive for Moscow and a change in the European debate over sanctions.

A peace incentive that could restore Russian leverage

The central uncertainty concerns the relationship between renewed revenues and Russian military objectives.

Washington’s argument assumes that the prospect of substantial future gas income could persuade Putin to accept a settlement. Yet negotiations over commercial cooperation have so far produced no demonstrated change in Moscow’s fundamental territorial demands.

Meanwhile, Russia continues attacking Ukraine’s energy infrastructure. On 18 October, Zelenskyy reported 76 Russian attacks on Ukrainian energy, oil and gas facilities during the preceding week, despite Trump’s announcement of an energy ceasefire that neither Kyiv nor Moscow had confirmed.

There is also an unresolved contradiction in Washington’s wider sanctions policy. Having previously demanded that Europe stop financing Russia through energy purchases, Trump has recently suspended additional American sanctions against Moscow while his representatives explore new economic arrangements.

For Ukraine, renewed transit could restore revenue lost when the previous gas agreement expired. For Russia, however, the potential benefits extend beyond immediate export earnings. Access to European markets would restore commercial relationships and a degree of political influence that Moscow lost after the invasion.

The distinction is fundamental. A peace settlement that permits carefully regulated economic cooperation after Russian withdrawal and enforceable security guarantees would be different from an agreement that restores Moscow’s commercial advantages in anticipation of concessions that have not yet been secured.

The question for European governments is therefore not merely whether Russian gas could once again become cheaper than alternative supplies. It is whether restoring that trade would leave Europe better protected against another confrontation with Moscow, or recreate the vulnerabilities that became apparent in 2022.

Washington’s proposed economic bargain cannot answer that question on Europe’s behalf.

Irán y Pakistán están inmersos en la construcción de un orden financiero posestadounidense en la encrucijada entre Asia Occidental y Asia Meridional.

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Vayamos directamente al meollo de la cuestión: tras examinar minuciosamente el tablero de ajedrez, los dirigentes políticos y militares de Teherán ya han llegado a la conclusión de que un ataque conjunto de EE. UU. e Israel —cuya planificación avanza a un ritmo frenético— es inevitable.

Por eso se han posicionado ahora como una cobra enroscada, lista para atacar e inyectar su veneno mortal ante el primer indicio de una amenaza inminente del Sindicato de Epstein, incluso sin esperar a que se produzca un ataque real.

La ofensiva preventiva, ya delineada, será devastadora, se extenderá más allá de las bases estadounidenses en Asia Occidental a otros objetivos regionales e incluirá potencialmente la infraestructura energética del Golfo y los cables submarinos (en este caso, afectando principalmente al Golfo y a la India, mucho más que a EE. UU. y Europa).

Nos encontramos en territorio de peligro claro y presente: una maniobra militar estadounidense-israelí destinada a ejercer presión se interpretará sin duda en Teherán como el inicio de un ataque.

Así pues, la presión a favor de la guerra por parte del culto a la muerte y de Trump se encuentra ahora con un umbral iraní peligrosamente bajo. Las opciones de ataque del Pentágono abarcan desde las instalaciones nucleares iraníes hasta la infraestructura energética.

Huelga decir que el «sociópata en jefe» —que ya está en pánico ante la inminente debacle de las elecciones de mitad de mandato— es una presa fácil para el poderoso lobby sionista y los donantes a favor de la guerra. El peligro estratégico supremo es, pues, que esta presión incesante pueda generar una señal que Teherán interprete como un ataque inminente, incluso mientras Washington mantiene públicamente que no se producirá ningún ataque antes de las elecciones de mitad de mandato.

Yemen está llevando todo esto al siguiente nivel

Paralelamente, fuentes privilegiadas en Islamabad confirman el éxito de una prueba de misil paquistaní a Mach 7, con un alcance de varios miles de kilómetros. Esta nueva capacidad tiene todo lo necesario para alterar sustancialmente el equilibrio de poder en Asia Occidental, reforzando el alcance disuasorio de Pakistán y su capacidad para influir en todos los cálculos de seguridad regional, además de contribuir a la creciente interconexión de Pakistán con China, Irán y las petro-monarquías del Golfo.

Y ahora, otra exclusiva: personal de la inteligencia militar israelí, incluido un general de división, ha abandonado Riad después de que MbS, en un supuesto momento de lucidez, dijera «no» a la oferta de «asistencia» del culto a la muerte. Y, sin embargo, siguen allí más de 100 miembros del CENTCOM.

Es posible que la decisión de MbS le haya sido impuesta por Turquía y Pakistán —los otros dos signatarios de la Alianza de Defensa de La Meca—, que de repente se encontraron en la misma sala de guerra en Riad, codo con codo con agentes del culto a la muerte.

Ahora bien, aunque su partida puede haber eliminado un riesgo de escalada, los agentes estadounidenses siguen expuestos: cualquier ataque, venga de donde venga, que provoque bajas estadounidenses arrastrará inmediatamente a Washington a la guerra entre Arabia Saudí y Ansarallah.

La guerra entre Arabia Saudí y Ansarallah, de hecho, está alcanzando el siguiente nivel: la volatilidad. La mezcla tóxica de la interceptación de un misil de crucero sobre la provincia de Medina; las interceptaciones de drones en otras partes de Arabia Saudí; y los ataques con misiles de las Fuerzas Armadas yemeníes contra el complejo presidencial del gobierno títere de Adén es solo el principio.

Lo que ocurrió después de que Ansarallah atacara Najran —una de las provincias del sur de Arabia Saudí arrebatadas a Yemen en 1934 por los británicos— es algo que realmente llama la atención.

Un portavoz saudí acusó a Ansarallah de lanzar un misil de crucero contra Medina. La respuesta del emblemático portavoz de las Fuerzas Armadas yemeníes, el general Yahya Saree, fue contundente: «Hoy no hemos llevado a cabo ninguna operación militar dirigida contra territorio saudí. Por lo tanto, la afirmación del enemigo saudí de que Medina fue atacada es una invención absoluta y una grave falsedad».

Traducción: Yemen ataca una de sus antiguas provincias; los saudíes recurren a noticias totalmente falsas, inventándose un ataque contra una de las dos mezquitas sagradas —sin duda como preparación para una operación de bandera falsa—; luego, Yemen niega de inmediato haber atacado ningún (cursiva mía) territorio saudí.

Esto significa que Saná está declarando sutilmente, para que todo el mundo lo entienda, que ya no lleva a cabo operaciones en el extranjero (cursiva mía) en las tres provincias: Jizan, Najran y Asir. Ya están —psicológica y operativamente— preparando el terreno para recuperar su territorio robado.

Todo ello se plasma en este conciso análisis desde Yemen sobre la deconstrucción de la ostentosa Casa de Saud:

«Yemen está destrozando los pilares extremadamente frágiles de la economía no petrolera en la que los piratas del desierto depositaron todas sus esperanzas: imagen, inversiones (IED), escapismo e impunidad e invulnerabilidad frente al terrorismo en el extranjero».

Cómo Pakistán e Irán eluden al FMI

Ahora prestad atención a algo bastante sorprendente que ocurrió a mediados de semana en Bangkok, durante la reunión anual del FMI y el Banco Mundial —dignamente recibida por protestas callejeras tailandesas—.

El presidente del Banco Central de Irán, Abdolnaser Hemmati, se reunió con el presidente del Banco Central de Pakistán, Jameel Ahmad, al margen del principal ritual anual en alabanza del dólar estadounidense.

Pakistán se encuentra bajo las feroces garras del ajuste estructural del FMI y el Banco Mundial —y, además, amenazado con sanciones estadounidenses por comerciar con Irán—.

Así pues, que Pakistán e Irán estén discutiendo de facto la desdolarización justo en la guarida del león —el templo del dólar estadounidense— no tiene precio.

La infraestructura está en marcha desde 2023, a través de un acuerdo de intercambio de divisas que utiliza el rial y la rupia en lugar del dólar estadounidense. El trueque lo gestionan ambos bancos centrales, y los canales bancarios pasan por el Banco Melli en Irán y el Banco Mellat en Pakistán. Sus mercados fronterizos —al menos seis de ellos— están en pleno auge: rutas comerciales físicas que eluden por completo al dólar estadounidense.

Lo que se debatió en Bangkok a principios de esta semana es cómo ampliar todo este sistema: les importan un comino las sanciones secundarias de EE. UU. Sobre todo porque Teherán ofrece a Islamabad lo que el sistema estadounidense simplemente no puede ofrecer: soberanía, sin cambio de régimen, sin austeridad, sin sermones y, sobre todo, sin ajuste estructural.

Por no mencionar que Pakistán necesita urgentemente el gas iraní —y las rutas comerciales de la Nueva Ruta de la Seda impulsadas por China—.

Irán ha construido toda una economía que elude por completo al FMI —y capaz de sobrevivir a un tsunami de sanciones, a un bloqueo y a la guerra—.

Ahora, Irán y Pakistán están inmersos en la construcción de un orden financiero posestadounidense en la encrucijada entre Asia Occidental y Asia Meridional —con intercambios de divisas, comercio de trueque, mercados fronterizos en auge y canales bancarios adecuados—, lo que convierte las sanciones secundarias en una burla.

Por cierto, esto está ocurriendo justo cuando un inmenso tren iraní, cargado de petróleo crudo —y el primero de muchos— está listo para partir hacia… China a través de Asia Central, por la línea ferroviaria de la Nueva Ruta de la Seda construida por China.

La cobra enroscada puede estar lista para atacar. Pero a la cobra, desde tiempos inmemoriales, también le encanta hacer negocios.

Traducción: Geopolítica rugiente

Diplomats from Belgium, France and Poland were attacked by Israeli settlers during an olive-harvesting visit to the occupied West Bank, prompting calls for further European sanctions and an investigation by Israeli authorities.

The settlers attacked a delegation of European diplomats and Catholic representatives in the occupied West Bank on Saturday, 17th October, assaulting a French mayor and damaging a Belgian diplomatic vehicle during a visit intended to support Palestinian olive farmers.

The delegation included Belgium’s consul general, French and Polish diplomats and representatives of the Catholic Church. The incident occurred near the Palestinian village of Taybeh, where settlers confronted visitors accompanying local residents during the annual olive harvest.

Belgian Foreign Minister Maxime Prévot condemned the violence and announced that Brussels would press for additional European Union sanctions against those responsible. He also called on Israel to meet its obligations as the occupying power and protect Palestinians, journalists and foreign diplomatic representatives.

According to accounts of the incident, Bernard Baudoux, mayor of the French town of Aulnoye-Aymeries, was assaulted while attempting to enter a vehicle bearing diplomatic plates. The attack also involved members of a Catholic delegation, including Archbishop Vincent Dollmann of Cambrai.

Three people were reportedly injured. Belgian diplomatic personnel were confirmed to be safe.

Diplomatic incident draws Israeli condemnation

Israel’s military described the attack as a serious act of violence but said that the delegation’s visit had not been coordinated with the Israeli authorities and that soldiers had not been present when the confrontation occurred.

Israeli police subsequently opened an investigation.

Foreign Minister Gideon Saar publicly condemned the actions of the settlers and said his ministry was in contact with the ambassadors of the countries involved. The Israeli government’s response comes amid mounting international criticism of settler violence against Palestinian communities in the West Bank.

The circumstances are particularly sensitive because the victims included accredited diplomatic representatives from three EU member states. The incident therefore extends beyond the continuing disputes over land ownership and Palestinian access to agricultural areas, raising questions about the protection of foreign officials carrying out recognised diplomatic activities.

For Belgium, the attack has reinforced an existing position in favour of stronger European measures against violent settlers and organisations supporting settlement expansion.

Prévot linked the violence to Israeli settlement policy, arguing that the attacks could not be considered separately from the broader circumstances of the occupation.

A growing dispute over European sanctions

The European Union has already introduced targeted restrictive measures against individuals and organisations associated with serious abuses against Palestinians in the occupied West Bank.

In May 2026, the Council of the EU imposed additional sanctions on three individuals and four organisations, including the Nachala Settlement Movement and the Amana cooperative association.

The measures were adopted under the EU Global Human Rights Sanctions Regime and included asset freezes, prohibitions on making funds available to designated persons and travel restrictions on listed individuals.

The Council said the sanctioned organisations had supported or facilitated activities resulting in the displacement of Palestinian communities and the loss of property.

However, agreement on broader economic measures against Israel has proved substantially more difficult.

As EU Today previously reported, European governments have considered restrictions on trade involving Israeli settlements, while divisions between member states have complicated attempts to establish a common position.

The latest attack gives Belgium, France and Poland a direct diplomatic interest in the outcome of any further discussion. Whether this produces a new sanctions agreement will depend on negotiations between EU governments, rather than unilateral declarations by individual ministers.

Violence during the olive harvest

The incident occurred amid escalating attacks on Palestinian farmers during the annual olive harvest, an important source of income for communities across the West Bank.

Harvesting frequently involves access to agricultural land situated near Israeli settlements or in areas where Palestinians face movement restrictions. Local farmers have complained of intimidation, destruction of trees and attacks by settlers attempting to prevent them from reaching their property.

According to reporting from the area, the Palestinian Health Ministry said at least four people had been killed and more than 100 injured since this year’s harvest began.

The attack on the European delegation followed another serious incident involving American photojournalist Heidi Levine, who was assaulted while covering attacks on Palestinian olive harvesters.

The violence has attracted criticism from international organisations and foreign governments, including those maintaining close diplomatic relations with Israel.

Wider implications for EU–Israel relations

The diplomatic confrontation comes against a background of longstanding disagreement between Brussels and the Israeli government over settlement expansion and the legal status of the occupied territories.

The European Union does not recognise Israeli sovereignty over the West Bank and regards settlements established there as contrary to international law. Israel disputes the application of this legal interpretation to the territory.

The latest incident is unlikely, by itself, to determine the future of EU–Israel relations. It does, however, strengthen demands from governments already advocating targeted sanctions and more effective measures against settlement-related violence.

For Belgium, France and Poland, the immediate questions concern the safety of their diplomatic personnel, the Israeli investigation and whether the perpetrators will face prosecution.

For the EU collectively, the matter now extends to whether its existing sanctions framework can address continuing attacks against Palestinians and, increasingly, European representatives themselves.

"I think the President wants to take the 60-day period of time to sort of analyze what imposing both sanctions and tariffs will mean to the global economy and even to the U.S. economy," said Rubio.

Senator Darline Graham, appointed to fill the Senate seat of her late brother, Lindsey, gently disagreed with the president’s decision to exempt Russia from the sanctions legislation.

© Kenny Holston/The New York Times

The Trump administration is ignoring the will of Congress and waiving new Russia sanctions amid fears that high energy prices will cost Republicans in next month’s elections.

© Doug Mills/The New York Times

Despite images from scene of attack and IDF condemnation, PM suggests incident could be part of 'coordinated smear campaign'; Belgium to push for EU sanctions on those involved

Lawmakers from both parties blasted the executive order late Friday, the latest in a series of steps that the Republican president has taken drawing the United States closer to Russia's Vladimir Putin.

President Volodymyr Zelensky said on oct. 17 U.S. President Donald Trump was "wrong" to further "block" sanctions against Russia, while expressing hope that he would do "everything possible" to stop the full-scale war.

US President Donald Trump has suspended the tariffs and sanctions on the biggest buyers of Russian oil set by the Lindsey Graham Act, the law he signed himself in September. He says the move serves US national interests, according to an executive order published on the White House site.

The act required the president, within 30 days, to impose 100% tariffs on all goods from the five biggest buyers of Russian oil, to sanction a range of Russian entities and to put 500% tariffs on all Russian energy imports to the US. The deadline for those measures fell on 18 October.

Trump has used the president’s power under Section 115 of the Graham Act, which allows him to waive sanctions, restrictions, and duties by certifying to Congress in writing that doing so serves US national interests and submitting a report explaining why. The act does not, however, allow him to cancel sanctions that have already been announced.

Moscow calls it historic, Kyiv calls it a gift to Putin

The two capitals read the same order in opposite ways. Kirill Dmitriev, an envoy for Russian leader Vladimir Putin, called it “an important and truly historic moment” on X, claiming the sanctions had mainly harmed the US economy and world markets.

“Economic cooperation between Russia and the US serves the interests of both nations, contributes to global economic stability and lays the foundation for building trust and achieving lasting peace,” Dmitriev writes.

President Volodymyr Zelenskyy answered from under fire. Russia struck Ukraine’s energy system on 17 October, and at that very moment Washington chose “to completely ignore the Lindsey Graham law, which was supposed to impose real, effective pressure on Russia to end this war,” he says.

A law its own backers say is being gutted

The waiver lands amid a bipartisan revolt in Congress. Seven Republican and Democratic senators had already warned on 11 October that Trump’s move to allow Russian diesel imports had broken the law Congress passed after the full-scale invasion, urging the administration to reverse it so US money would not help finance Russia’s war.

Meanwhile, Zelenskyy argued the law can still work if Washington lets it.

“This law could, and still can, help a great deal. But the law has actually to work, and every vote for it matters,” he said, warning that the step only pushes Moscow to strike harder.

The world must not give up ground and must try to end the war, Zelenskyy added.

“To end it, and not give Putin every reason to continue it indefinitely,” he stressed, thanking everyone who “is truly fighting for peace and helping Ukraine," he stated.

The word from the Ukrainian opposition

The Ukrainian opposition also commented on Trump’s decision. Iryna Herashchenko, co-chair of the European Solidarity parliamentary faction, said that “the most cynical and stupid decisions are usually made by rulers on Saturday night,” when public attention is scattered, and people are preparing for the weekend.

“Rehabilitating Putin harms not only Ukraine but also the US itself, strengthens the axis of authoritarian regimes, and undermines international security,” she claimed.

U.S. President Donald Trump signed an executive order Friday temporarily suspending the application of a broad package of sanctions against Russia, arguing before Congress that the measure responds to the national interest.

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The decision affects a law named after the late Republican senator Lindsey Graham of South Carolina, which seeks to toughen sanctions against the Russian economy and limit the flow of financial resources.

Trump had enacted that legislation on September 18 but has now temporarily exempted the application of several of its provisions, according to the order.

RELATED: White House Press Secretary Zacharia Resigns After 5 Days in the Job

The order exempts sanctions against persons and entities linked to the Russian government; financial and trade restrictions and tariffs planned for Russian products, and those from certain countries that buy Russian hydrocarbons, according to the order.

The decision does not eliminate the sanctions the United States had already imposed on Russia through previous executive orders.

The exemptions from the new law will remain in force until Trump or the Secretary of State, in consultation with the Secretary of the Treasury and the U.S. Trade Representative,

BIG: Trump waived sanctions targeting Russian fossil fuel sales just days before they were due to take effect.

The measures would have imposed tariffs of up to 100% on goods from major importers of Russian oil and gas.

Russian officials welcomed the waiver, while U.S. lawmakers… pic.twitter.com/j5DGn28Ml8

— Clash Report (@clashreport) October 17, 2026

The decision comes after Washington temporarily authorized commercial operations with Russian-origin diesel until April 7, 2027, including its import into the United States, despite the sanctions in force against Moscow.

Trump announced on October 9 that he had agreed with his Russian counterpart, Vladimir Putin, on the supply of diesel to international markets, with the aim of easing energy and fuel prices.

The Republican president said Russia would initially deliver more than 300,000 tons of fuel and would later supply additional quantities, conditioned in part on the state of its refineries, he said.

The agreement has drawn criticism from lawmakers of both parties, who question its possible effects on economic pressure against Moscow and its compatibility with U.S. legislation, according to the critics.

Detractors warn that revenue from the sale of Russian fuel could help finance the war against Ukraine, while the Administration defends the need to contain energy costs, according to the critics and the Administration.

President Donald Trump has waived sweeping sanctions and tariffs targeting Russia’s energy revenues, invoking national interest provisions in legislation passed only last month. The decision follows his controversial diesel agreement with Vladimir Putin and threatens to deepen divisions with Congress and European allies over economic pressure on Moscow.

President Donald Trump has suspended the implementation of sweeping American sanctions against Russia, using presidential waiver powers to prevent penalties approved by Congress from taking effect just weeks after he signed them into law.

The executive order issued by the White House on Friday, 16 October, suspends tariffs of up to 500 per cent on Russian imports, alongside penalties targeting major purchasers of Russian oil and gas. It also waives numerous financial and commercial restrictions intended to reduce Moscow’s ability to finance its war against Ukraine.

The decision comes two days before the 18 October deadline for implementing key provisions of the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, which Trump signed on 18 September. The legislation was named after the late Republican senator Lindsey Graham, who had championed tougher economic measures against Russia.

Sanctions established but immediately suspended

The presidential order formally establishes the tariff increases required by the legislation while simultaneously suspending their application.

Under the law, Russian imports into the United States would face additional duties of 500 per cent. A separate provision would impose 100 per cent tariffs on goods imported from the five largest purchasers of Russian crude oil and natural gas if those countries knowingly made new purchases from 18 October, subject to specified conditions and exemptions.

Another provision targets countries identified as leading facilitators of Russian oil sanctions evasion, potentially exposing their exports to similar American penalties.

Trump invoked Section 115 of the legislation, which permits the president to waive sanctions and tariffs after certifying to Congress that doing so serves the national interests of the United States.

The order confirms that the certification and an accompanying explanatory report have been submitted to Congress. However, the publicly released document provides no detailed justification for suspending the measures.

The waivers will remain in effect until the president or designated senior officials decide that further action is appropriate. Existing sanctions imposed under earlier executive orders are explicitly preserved, meaning the decision does not remove all American restrictions against Russia.

Nevertheless, the order prevents the new legislation’s principal economic penalties from operating at a time when Congress had sought to intensify pressure on Moscow.

Diesel agreement shapes Washington’s decision

The suspension follows Trump’s agreement with Putin to facilitate renewed Russian diesel exports, announced on 9 October as part of an effort to reduce international fuel prices.

As EU Today previously reported, the agreement envisages an immediate release of more than 300,000 tonnes of Russian diesel, followed by additional shipments in November and subsequent months. Washington also authorised certain transactions involving Russian diesel until April 2027.

The arrangement has raised questions about the relationship between the administration’s energy policy and sanctions intended to constrain Russia’s war economy.

Diesel prices have become an increasingly important domestic political issue ahead of the American congressional elections on 3 November. The war involving Iran and disruptions to international energy supplies have contributed to exceptionally high fuel costs, creating additional pressure on the administration.

The White House hopes additional Russian supplies will relieve pressure on international markets. However, energy analysts have questioned whether the quantities involved will materially affect American prices, particularly before the elections.

The latest waiver also removes the immediate threat of punitive tariffs against major Russian energy customers, including China and India, which had objected to the proposed measures.

Congressional opposition and European concerns

The decision is likely to intensify opposition within Congress, where the sanctions legislation attracted substantial bipartisan support.

Earlier this week, 12 senators, including six Republicans, called on Trump to reverse his diesel agreement, arguing that allowing Russian fuel back onto international markets would provide Moscow with additional revenue for its military operations.

Democratic Senator Richard Blumenthal, who helped develop the sanctions legislation, criticised the diesel arrangement as contrary to Congress’s intention to strengthen economic pressure on Russia.

The decision also exposes a widening divergence between Washington and Brussels.

At the European Council meeting on Friday, European Commission President Ursula von der Leyen and European Council President António Costa reaffirmed that EU sanctions against Russia would remain in place until Moscow ended its war against Ukraine.

Costa declared that the present circumstances required increased pressure on Moscow rather than a relaxation of existing restrictions. The European Union is also preparing a 22nd sanctions package while considering additional financial support for Kyiv.

For Ukraine, the decision means that Russia will continue to benefit from energy exports and the international trade that helps finance its war. Instead of tightening restrictions on these revenues, Washington has suspended measures specifically intended to cut them.

The timing is particularly significant. While Trump is pressing Kyiv to halt attacks on Russian oil refineries and other energy facilities, Moscow continues its strikes against Ukrainian cities and civilian infrastructure. Zelenskyy has argued that Ukraine cannot be expected to stop targeting Russia’s energy sector while Russian attacks on Ukrainian infrastructure continue.

Although Trump can reinstate the sanctions, his decision removes the immediate threat of additional penalties against Russia and its principal energy customers. It also places Washington increasingly at odds with its European allies. Brussels remains committed to maintaining and expanding sanctions against Moscow, while the White House is now giving priority to reducing American fuel prices, even if that means easing economic pressure on Russia.

"Republicans and Democrats passed this law in Lindsey Graham's name to squeeze Russia's war revenues. Trump has now hollowed it out before its main sanctions could bite," said Alexander Kirk, a sanctions campaigner at Urgewald.

U.S. President Donald Trump issued a broad waiver of sanctions under the Lindsey O. Graham Sanctioning Russia and Iran Act on Oct. 16.

Russia has placed five foreign-owned businesses under compulsory administration, including Belgian manufacturer Ontex and French flooring group Tarkett. The latest seizures deepen the confrontation over sanctions, frozen Russian assets and the future of European investment in Russia.

Russian President Vladimir Putin has ordered the transfer of five Western-owned businesses into compulsory Russian management, extending a campaign of asset seizures targeting European companies that continued operating in Russia after the full-scale invasion of Ukraine.

The decree, signed on 15 October, affects businesses with combined annual revenues exceeding 53 billion roubles, approximately €530 million. They include French flooring manufacturer Tarkett, Belgian hygiene products group Ontex, German packaging producer Menshen, Kappa Rus and Eviosys Packaging Kuban, now linked to American group Sonoco.

Under Presidential Decree No. 738, operational control has been transferred to Centre Capital, a little-known Moscow company established in February 2026 with registered share capital of just 10,000 roubles.

The decision follows similar interventions against Nestlé, Auchan, FM Logistic and Metro in September. Together, the measures demonstrate how Moscow is using foreign-owned businesses as instruments of economic retaliation against countries supporting Ukraine.

Foreign businesses placed under Russian control

Centre Capital is headed by Marat Mirkhaydarov, a former senior official in Russia’s Zabaykalsky region who reportedly served with the Akhmat military formation during Russia’s war against Ukraine.

The scale of the companies placed under his management contrasts sharply with the financial standing of the administrator.

Tarkett’s Russian operations generated approximately 19.3 billion roubles in revenue during 2025, while Kappa Rus recorded 16.5 billion roubles and Ontex RU another 10.3 billion. Eviosys Packaging Kuban and Menshen Packaging CIS reported approximately 6.1 billion and 1.4 billion roubles respectively.

The decree does not formally transfer ownership of the companies to Centre Capital. It does, however, remove the foreign shareholders’ effective control over management, operations and commercial decisions.

For Belgian manufacturer Ontex, the consequences are immediate.

In an official statement issued on 16 October, the Aalst-based company confirmed that a government-appointed administrator had assumed operational control of its Russian subsidiary.

Ontex Russia employs approximately 350 people, operates a manufacturing facility in Noginsk and maintains a sales office in Moscow. The subsidiary accounts for around five per cent of the group’s total revenue and between seven and eight per cent of adjusted EBITDA.

The company said it was examining measures to protect its assets and maintain business continuity.

Tarkett likewise confirmed that it was losing effective control of its Russian operations.

A mechanism established in 2023

The legal framework for such interventions dates to April 2023, when Putin introduced Decree No. 302, allowing the Russian authorities to place assets associated with countries designated as unfriendly under temporary external management.

The appointed administrator can exercise extensive ownership-related powers, although the formal right to dispose of the assets remains excluded.

Crucially, the arrangement can be terminated only by presidential decision. There is no automatic deadline for returning operational control to the original owners.

Moscow maintains that the measures are reversible. Nevertheless, the loss of management authority raises questions about whether businesses could eventually be returned with their financial position, organisational structure and commercial value intact.

The latest decree extends the process already documented by EU Today following the September takeover of Nestlé and Auchan’s Russian operations.

The Kremlin’s approach also serves domestic economic objectives. Keeping factories, retail networks and distribution facilities operating under Russian management helps preserve employment, production capacity and established supply chains.

At the same time, appointing Russian administrators allows the authorities to exercise greater influence over businesses originally developed through foreign capital, technology and expertise.

European companies caught in sanctions confrontation

Kremlin spokesman Dmitry Peskov has explicitly linked the seizures to the nationality of the affected companies and the policies of their governments.

He accused European states of participating in the unlawful seizure of Russian property through sanctions and financial restrictions.

Moscow’s argument centres partly on approximately €210 billion in Russian sovereign assets immobilised in the European Union, most of them held through Belgium-based securities depository Euroclear.

The European Union has used extraordinary revenues generated by those assets to support Ukraine, while further proposals involving the underlying funds remain subject to legal and political debate.

Belgium has been particularly concerned about potential financial exposure and legal claims. As EU Today reported in September, a Belgian Council of State judgment raised additional questions about the administrative procedures governing certain frozen assets.

The dispute has also moved into the European courts, with the Bank of Russia challenging EU measures intended to protect Euroclear against the enforcement of Russian judgments.

Moscow’s treatment of European businesses adds another dimension to this confrontation. By retaining control over foreign-owned industrial and commercial assets, Russia possesses a means of exerting pressure on companies whose governments support sanctions and military assistance to Ukraine.

The implications are particularly serious for Western banks that still maintain substantial Russian operations.

Austria’s Raiffeisen Bank International and Italy’s UniCredit remain exposed to Russia through local subsidiaries. Any extension of compulsory administration to financial institutions could create additional difficulties involving deposits, capital and banking supervision.

The cost of remaining in Russia

The seizures also expose the financial risks faced by Western companies that delayed their withdrawal after February 2022.

Many initially sought to protect their investments, employees and commercial infrastructure. Others reduced operations but retained ownership, expecting that conditions might eventually permit an orderly sale or renewed business activity.

Russian restrictions have progressively complicated that calculation, requiring foreign investors from designated countries to accept substantial discounts on asset sales and obtain official approval for transactions.

Companies remaining in the country now face the additional possibility that the government will appoint administrators without their consent.

The consequences extend beyond the businesses immediately affected. Russia is establishing a precedent under which foreign investment can remain legally owned by its original shareholders while its economic benefits and operational management are placed beyond their control.

For European governments, the latest decree illustrates the increasing connection between commercial interests and geopolitical decisions.

The Kremlin has demonstrated that sanctions imposed over its invasion of Ukraine can be answered not only through diplomatic or financial measures, but also through direct intervention in European-owned businesses operating on Russian territory.

Any eventual negotiation over sanctions relief and the restoration of economic relations will consequently have to address the status of these assets, the rights of their original shareholders and the question of compensation.

Until then, Western companies remaining in Russia face an investment environment in which the ultimate authority over their businesses rests increasingly with the Kremlin rather than their shareholders.

Ukraine was prepared to suspend attacks on Russian oil refineries if Washington supplied anti-ballistic missile systems to protect its energy infrastructure, President Volodymyr Zelenskyy has revealed. The proposed compromise was not accepted, despite American pressure on Kyiv to halt its strikes.

Ukrainian President Volodymyr Zelenskyy has disclosed that Kyiv offered to suspend attacks on Russian oil refineries in exchange for temporary American anti-ballistic missile protection for Ukraine’s energy infrastructure. Washington did not provide the requested systems, leaving Ukraine exposed to continued Russian missile strikes while the United States sought to restrict Ukrainian operations against Russia’s oil industry.

Speaking at a press conference in Brussels on Friday, 16 October, Zelenskyy said the proposal had been presented to Washington as a compromise following President Donald Trump’s agreement with Vladimir Putin on Russian diesel supplies and restrictions on attacks against energy facilities.

The Ukrainian president confirmed that Kyiv had not been consulted before Washington reached its understanding with Moscow. He described the diesel agreement as a surprise and objected to arrangements determining Ukraine’s military actions without its participation. Any agreement concerning Ukrainian strikes on Russian territory, he argued, required consultation with the Ukrainian government.

Nevertheless, Zelenskyy said Ukraine had been willing to accommodate American demands, even under an arrangement that did not require Russia to suspend its own attacks. Instead of insisting on reciprocal restrictions, Kyiv proposed receiving sufficient anti-ballistic missile systems to protect its electricity network for the duration of the requested suspension.

The proposal reflected Ukraine’s immediate security requirements. Russia has repeatedly targeted power stations, substations and other critical infrastructure, while Ukrainian forces have attacked Russian refineries to disrupt fuel production and reduce revenues available to Moscow. Halting the Ukrainian campaign without additional defensive capabilities would have left Kyiv surrendering one means of economic pressure while remaining vulnerable to Russian bombardment.

Zelenskyy said he had asked Washington for a limited number of systems, rather than a substantial new military commitment. The proposed deployment would have lasted only as long as the United States required Ukraine to refrain from attacking Russian refineries. However, according to the president, no such assistance was provided.

US diesel agreement deepens dispute

The disagreement follows the diesel arrangement announced by Trump on 9 October, under which Russia agreed to resume substantial petroleum product exports to American and international markets. Washington also authorised certain transactions involving Russian diesel, easing restrictions previously intended to reduce Moscow’s energy revenues.

The agreement created a direct conflict between American energy policy and Ukraine’s strategy of targeting Russian refining capacity. Washington wants additional diesel supplies to ease pressure on fuel markets, while Kyiv regards attacks on oil infrastructure as a means of weakening Russia’s ability to sustain its invasion.

That disagreement intensified after Ukraine resumed attacks on Russian refineries, including a strike against a facility in the Ryazan region. Trump criticised the operations, accusing Kyiv of contributing to higher global oil prices. Zelenskyy, meanwhile, argued that increased Russian diesel revenues would provide Moscow with additional resources to finance its military campaign.

The Ukrainian president’s proposal also exposed the limitations of the temporary energy ceasefire promoted by Washington. Russia continued attacks against Ukrainian civilian infrastructure, including electricity facilities, despite the American initiative. Kyiv’s proposed compromise would have addressed the resulting imbalance by providing defensive protection rather than relying on Russian restraint.

Russian strikes underline Ukraine’s defensive requirements

The urgency of Ukraine’s request was illustrated by renewed Russian attacks during Zelenskyy’s visit to Brussels. According to the Ukrainian presidency, strikes on 15 October damaged energy infrastructure in several regions, leaving almost 15,000 people without electricity in Volyn and disrupting supplies in parts of Kyiv and the surrounding region.

Ukraine continues to face shortages of the interceptors required to defend against ballistic missiles. Zelenskyy has identified anti-ballistic capabilities as an immediate priority, particularly as Russia intensifies attacks ahead of winter. During talks with NATO Secretary General Mark Rutte, he stressed the need for additional missile interceptors and other air defence equipment.

The president also raised these requirements during Friday’s meeting with European Commission President Ursula von der Leyen and European Council President António Costa. Discussions covered air defence, protection of energy infrastructure and financial assistance needed to sustain Ukraine’s resistance to Russian aggression.

European leaders support Kyiv’s position

Zelenskyy said European leaders had supported Ukraine’s position in the dispute with Washington. His remarks came as the EU reaffirmed its intention to maintain economic pressure on Moscow despite the Trump administration’s decision to facilitate Russian diesel exports.

As EU Today reported earlier on Friday, von der Leyen and Costa rejected any relaxation of European sanctions while Russia continues its war. The Commission is preparing a further sanctions package, maintaining a policy intended to restrict Moscow’s ability to finance its military operations.

The contrasting American and European positions have become increasingly significant for Kyiv. Washington is seeking to stabilise fuel markets through arrangements with Moscow, while European governments remain committed to reducing Russian energy revenues and strengthening Ukraine’s military and economic resilience.

For Zelenskyy, the unresolved question is whether Ukraine can be expected to limit attacks on Russian oil infrastructure while receiving neither reciprocal guarantees from Moscow nor additional protection against Russian ballistic missiles. His account of the unsuccessful American negotiations indicates that Kyiv was prepared to compromise, but only if its immediate defensive needs were addressed.

"It will all come down to the banking system, individual people, and the chemical industry," President Volodymyr Zelensky said.

By Marco CARNELOS

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Contact us: info@strategic-culture.su

Record debt, a paralysed trade-dispute architecture and the normalisation of sovereign-asset seizure as a policy tool means fragility is baked into the global economic system

Since 2022,  a steady drumbeat of forecasts has warned that cascading military and political upheavals – war in Ukraine, conflict in the Middle East, an accelerating tariff war, the weaponisation of sanctions and the disruption of energy supplies – would eventually overwhelm the world economy’s capacity to absorb shocks.

The most destructive of those scenarios have not materialised, or at least not yet.

As the IMF’s managing director Kristalina Georgieva stated last year, while previewing the fund’s World Economic Outlook, the global economy “has generally withstood significant strains from various shocks”.

Although that resilience is real, on closer inspection, it is a more fragile and more contested achievement than it first appears.

The adaptive mechanisms behind this resilience are visible and measurable. Trade has rerouted rather than collapsed. Energy corridors have diversified. And reserve managers have spent the past three years quietly re-engineering the architecture of the international monetary system.

According to the World Gold Council’s 2026 Central Bank Gold Reserves survey – which drew responses from 76 institutions, its highest participation in nine years – 89 percent of central banks expect global gold holdings to keep rising over the next year, with a record share planning to add to their own reserves.

The result: gold has overtaken US Treasuries as the largest single component of global central bank reserves for the first time since the mid-1990s.

Mother of all ticking bombs

Analysts tracking the shift link it directly to a single event: reserve managers were unsettled by the seizure of the Central Bank of Russia’s reserves at the start of the Ukraine war by Washington and have since been actively reducing the dollar share of their portfolios.

This is a clear example that the economic system is not breaking under political pressure, it is adapting to it – flexibly, and crucially, without severing the interconnections that make global trade and finance function at all.

In other words, central banks accumulating gold are not exiting the system; they are just hedging within it.

But adaptability has a cost, and that cost is compounding.

Global debt – government, household, corporate and financial combined – surpassed $365 trillion in the first half of 2026, according to the Institute of International Finance’s Global Debt Monitor, the sixth consecutive quarterly record.

Emerging-market debt alone rose by $6.5 trillion in the same period, breaking past $110 trillion. Georgieva has been blunt about the trajectory: speaking at the IMF and World Bank annual meetings, she warned that global public debt is projected to reach 110 percent of the world’s GDP by 2029.

There is an evident reluctance to address what is not a crisis in any single country’s balance sheet, but a structural drift that every major economy appears aware of and none is prepared to correct unilaterally.

Debt of this scale narrows the fiscal space available to absorb the next shock, military or otherwise, which is precisely what makes today’s resilience difficult to extrapolate into tomorrow’s.

In this context, there is also the mother of all ticking bombs, a nuclear one: the $40 trillion US federal debt which US Secretary of Treasury Scott Bessent is desperately trying to reign in.

The third strand, the onslaught of punitive political measures targeting market principles, is best illustrated by the fate of Russia’s frozen central bank reserves. Roughly $300bn in Russian sovereign assets have been immobilised globally since 2022, with some €210bn ($235bn) held within the European Union.

Erosion of neutrality

Rather than remaining in legal limbo, these reserves have become the financial engine of a specific policy outcome: the EU’s proposed €140bn ($157bn) “reparations loan” to Ukraine, structured so that Ukraine would repay it only once Russia itself pays war damages – effectively converting a sanctions freeze into a grant.

Russia’s central bank has responded by suing the Brussels-based depository Euroclear, which holds the bulk of the assets, calling the manoeuvre illegal.

Whatever one’s view of the underlying conflict, the precedent is the point economists increasingly raise: the first large-scale use of frozen sovereign reserves as collateral for a geopolitical objective changes the calculus for every reserve-holding state watching from outside the western bloc.

It is one more data pointing to the reinforcing of the gold-accumulation trend described above – and a vivid example of how political tools aimed at a single adversary can erode the perceived neutrality of the system itself.

A parallel erosion is under way in trade governance. The WTO’s Appellate Body (the one supposed to settle trade dispute among countries) has been non-functional since December 2019, after the United States blocked the appointment of new judges and talks on reviving or replacing it remain stuck.

More than 30 appeals currently sit unresolved, and the workaround mechanism created to fill the gap – the Multi-Party Interim Appeal Arbitration Arrangement – has resolved only a single case. The institution designed to prevent trade disputes from becoming purely a function of relative power has been quietly sidelined for seven years.

It is then worth wondering – in such a situation – if the Global West and Global Rest see the same picture here.

The evidence suggests convergence on diagnosis but real divergence on meaning. Both recognise that debt is unsustainable and that institutions are strained. But where western policymakers tend to treat sanctions, frozen assets and trade paralysis as defensive responses to external aggression.

Voices from the Global Rest increasingly read the same tools as confirmation that the system was never as neutral as advertised.

India’s External Affairs Minister S Jaishankar captured this gap memorably in 2022, telling European interlocutors that Europe needed to “grow out of the mindset” that its problems are everyone’s problems while the reverse does not hold.

Selective status

This is something many Global Rest governments had been thinking but not saying aloud: that the postwar order’s claim to universality was always, in practice, more selective than it appeared.

The more honest and outspoken western leader to recognise such an unfair situation, to use an understatement, was Canadian Prime Minister Mark Carney earlier this year in Davos.

None of this means the system is about to fracture. The world economy has proven more elastic than feared, absorbing shocks that a decade ago might have triggered genuine crisis. But elasticity and durability are not the same thing.

The real test of this sort of “economy of resistance” is not whether it survives the next military-political storm – it plainly has, repeatedly.

It is whether record debt, a paralysed trade-dispute architecture, and the normalisation of sovereign-asset seizures as a policy tool are quietly converting what is in effect a short-term adaptability into long-term fragility, especially at a moment when the Global Rest and Global West can no longer agree on what the system is actually for.

Original article:  www.middleeasteye.net

Ursula von der Leyen and António Costa said the EU would maintain pressure on Moscow, after the United States eased restrictions linked to Russian diesel exports. The statements came as Volodymyr Zelenskyy joined EU leaders in Brussels for talks on Ukraine.

The EU will not lift sanctions on Russia while its war against Ukraine continues, European Commission President Ursula von der Leyen and European Council President António Costa said on Friday. Their statements came ahead of discussions at the European Council, where leaders were due to consider further support for Ukraine and the needs of its critical infrastructure before winter. The assurances followed Washington’s move to ease sanctions pressure in connection with a deal involving Russian diesel supplies.

Von der Leyen said the EU had supported the energy truce announced by US President Donald Trump, but accused Russia of failing to observe it. “We have seen that Russia did not respect it. Not a single minute. Instead, Russia escalated. We have to increase the pressure on Russia,” she said. She added that the Commission was working on a 22nd sanctions package and that the bloc would not lift any sanctions unless Russia stopped the war.

Costa also rejected any reduction in pressure. “We will not cancel any sanctions until Russia stops the war,” he said, calling for stronger support for Ukraine and increased pressure on Moscow to secure a genuine ceasefire. The statements set out the position of the Commission and European Council presidents; they were not, in themselves, a new sanctions decision by EU member states.

The US and EU sanctions regimes are separate. Washington’s decision concerns US restrictions associated with Russian diesel exports, while EU measures are adopted by the member states. Moscow said it had resumed diesel exports under the arrangement with the Trump administration, a development that has prompted concern in Kyiv and European capitals. The reported resumption of Russian shipments has brought renewed attention to the effect of energy revenue on the Kremlin’s ability to finance its war.

The Commission describes EU sanctions as a means of reducing Russia’s capacity to fund the war, imposing costs on its political leadership and weakening its economic base. The measures cover energy, trade and finance, alongside listings of individuals, companies and organisations. The EU’s sanctions framework against Russia has been expanded through successive packages since the full-scale invasion of Ukraine.

The leaders’ statements came as Ukraine prepared for another winter of Russian attacks on energy infrastructure. The European Council meeting agenda included continued support for Ukraine and the operational needs of its critical infrastructure. Von der Leyen said the EU would continue to support Ukraine through the winter. She also referred to progress on Ukraine’s accession process, saying the remaining negotiation clusters should be opened by the end of the year.

The EU has recently added measures targeting Russia’s military-industrial sector. In October, it adopted a package of listings aimed at companies and individuals connected to the country’s war effort, as covered in EU Today’s report on the latest sanctions. The diesel arrangement has also followed earlier tensions over the use of sanctions and energy policy, including the US deal with Moscow.

The EU’s stated position is that its sanctions will remain in place until Russia ends the war. The Commission is preparing further measures, while any new package will require agreement among member states. Friday’s statements did not change the existing regime, but made clear that the US decision on Russian diesel would not, by itself, prompt Brussels to ease EU restrictions.

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