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US sanctions Russian oil companies as Moscow holds nuclear drills

The U.S. Treasury Department said Russia’s two largest oil companies, Rosneft and Lukoil, were targeted in a bid to damage Moscow’s ability to fund its war machine.

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The United States hit Russia’s major oil companies with sanctions on Wednesday and accused the Russians of a lack of commitment toward ending the war in Ukraine, as Moscow conducted a major training exercise involving nuclear arms, Reuters reported.

The new sanctions were unveiled one day after plans for a summit between U.S. President Donald Trump and Russian President Vladimir Putin fell apart. Trump told reporters he cancelled the meeting because “it didn’t feel right to me.”

The U.S. Treasury Department said Russia’s two largest oil companies, Rosneft and Lukoil, were targeted in a bid to damage Moscow’s ability to fund its war machine.

The move marked a sharp turnaround for the White House, which has veered between pressuring Moscow and taking a more conciliatory approach aimed at securing peace in Ukraine. Only last week Trump appeared ready to hold off on new actions targeting Moscow.

“Now is the time to stop the killing and for an immediate ceasefire,” U.S. Treasury Secretary Scott Bessent said. Oil prices extended gains after Bessent’s comments, rising by more than $2 a barrel.

For months, Trump has resisted pressure from U.S. lawmakers to impose energy sanctions, hoping that Putin would agree to end the fighting. But with no end in sight, he said he felt it was time.

Trump said he was still not ready to provide Ukraine with long-range Tomahawk missiles, which Kyiv has requested. Talking to reporters as he met NATO Secretary General Mark Rutte, Trump said it would take the Ukrainians at least six months to learn how to use them.

Ahead of a meeting next week with Chinese President Xi Jinping in South Korea, Trump said he would like to see Xi use his influence on Putin to halt the fighting. Xi and Putin have formed a strategic alliance between their countries, read the report.

In a fresh show of force, the Kremlin released video showing General Valery Gerasimov, head of the General Staff, reporting to Putin on the drills. Russia said it fired missiles from ground launchers, submarines and aircraft, including intercontinental ballistic weapons capable of striking the United States.

Russia’s Defence Ministry said its long-range Tu-22M3 strategic bombers flew over the Baltic Sea, escorted at various points by fighter jets from foreign – presumably NATO – states.

At key moments in the war in Ukraine, Putin has issued reminders of Russia’s nuclear might as a warning to Kyiv and its Western allies. NATO has also been conducting nuclear deterrence exercises this month.

EU countries also approved a 19th package of sanctions against Russia for its war against Ukraine, which includes a ban on Russian liquefied natural gas imports, the Danish rotating presidency of the EU said on Wednesday.

The Wall Street Journal said the United States lifted a restriction on Ukraine’s use of some long-range missiles provided by Western allies, which would allow Ukraine to increase attacks on targets inside Russia. In a social media post, Trump denied the report.

On Wednesday, Sweden said it had signed a letter of intent to export Gripen fighter jets to Ukraine, as European governments act to boost Kyiv’s defences in a war that has ground on for three years and eight months since Russia’s full-scale invasion, and shows no sign of ending soon, Reuters reported.

Ukrainian pilots have been in Sweden to test the Gripen, a rugged and relatively low-cost option compared to aircraft such as the U.S. F-35.

Kyiv aimed to receive and start using Gripens next year and expected to acquire at least 100, President Volodymyr Zelenskiy said during a visit to Swedish defence manufacturer Saab.

Russia and Ukraine pounded each other with heavy overnight missile attacks as renewed uncertainty enveloped the U.S.-led peace effort.

After months of stalled diplomacy, Putin and Trump spoke last week and unexpectedly announced they would hold a summit in Hungary soon.

But following a phone call on Monday between the two countries’ top diplomats, the White House said the next day that Trump had no plans to meet Putin “in the immediate future”. Trump said he did not want to have a wasted meeting – something the Kremlin said Putin also wanted to avoid.

U.S. Secretary of State Marco Rubio, departing Washington for the Middle East on Wednesday, told reporters the United States would still like to meet with Russia, Reuters reported.

Russian officials said that preparations continued for a summit. “The dates haven’t been set yet, but thorough preparation is needed before then, and that takes time,” Kremlin spokesperson Dmitry Peskov told reporters.

The summit delay came after Russia reiterated to the U.S. its previous terms for reaching a peace deal, including that Ukraine cede control of the whole of the southeastern Donbas region, three sources told Reuters.

That amounted to a rejection of Trump’s statement last week that both sides should stop at the current front lines.

Russian Deputy Foreign Minister Sergei Ryabkov was quoted by state news agency RIA as saying he could not confirm that Moscow had conveyed its position as reported by Reuters.

Through the first nine months of his second term, Trump has pressed for an end to the conflict, the deadliest in Europe since World War Two.

Sharply critical at times of Zelenskiy, he has also expressed frustration with Putin.

European defence shares rose on the delay to the Putin-Trump summit. Most European governments strongly back Kyiv and have pledged to raise military spending to help Ukraine meet its defence needs.

European Union leaders are due on Thursday to discuss a proposal to use frozen Russian assets to extend a $163 billion loan to Ukraine. Moscow says the scheme amounts to theft and has vowed to retaliate.

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US readies new Russia sanctions if Putin rejects peace deal, Bloomberg News reports

A State Department spokesperson told Reuters it does not preview sanctions.

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The United States is preparing a further round of sanctions targeting Russia’s energy sector to increase pressure on Moscow should it reject a peace deal with Ukraine, Bloomberg News reported on Wednesday, citing people familiar with the matter.

A White House official told Reuters that U.S. President Donald Trump had made no new decisions regarding Russian sanctions.

 “It is the role of agencies to prepare options for the president to execute,” the official said.

Bloomberg had reported the U.S. was considering options including targeting vessels in what is known as Russia’s shadow fleet of tankers used to transport exported oil, as well as traders who facilitate such transactions.

The new measures could be announced as early as this week, the report said, adding that Treasury Secretary Scott Bessent discussed the move with a group of European ambassadors this week.

“It is explicitly false to conclude any decisions have been made regarding future sanctions against Russia. As we have said for months, all options remain on the table in support of President Trump’s tireless efforts to stop the senseless killing, and to achieving a lasting, durable peace,” a U.S. Treasury Department spokesperson said.

A State Department spokesperson told Reuters it does not preview sanctions.

Asked about the Bloomberg article, the Kremlin said it had not seen the report but that any sanctions harm efforts to mend U.S.-Russia relations.

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Trump adds seven countries, including Syria, to full travel ban list

The White House cited visa overstay rates for Syria in its justification for the ban.

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U.S. President Donald Trump on Tuesday expanded a list of countries subject to a full travel ban, prohibiting citizens from an additional seven countries, including Syria, from entering the United States.

The White House said in a statement that Trump signed a proclamation “expanding and strengthening entry restrictions on nationals from countries with demonstrated, persistent, and severe deficiencies in screening, vetting, and information-sharing to protect the Nation from national security and public safety threats.”

Tuesday’s move banned citizens from Burkina Faso, Mali, Niger, South Sudan, Syria and those holding Palestinian Authority-issued travel documents. The action also imposes a full ban on Laos and Sierra Leone, which had previously only been subject to partial restrictions.

The White House said the expanded ban goes into effect on January 1.

The action comes despite Trump’s vow to do everything he could to make Syria successful after landmark talks in November with Syrian President Ahmed al-Sharaa, a former al Qaeda commander who until recently was sanctioned by Washington as a foreign terrorist.

Trump has backed Sharaa, whose visit capped a stunning year for the rebel-turned-ruler who toppled longtime autocratic leader Bashar al-Assad and has since traveled the world trying to depict himself as a moderate leader who wants to unify his war-ravaged nation and end its decades of international isolation.

But in a post on his Truth Social platform on Saturday, Trump vowed “very serious retaliation” after the U.S. military said two U.S. Army soldiers and a civilian interpreter were killed in Syria by a suspected Islamic State attacker who targeted a convoy of American and Syrian forces before being shot dead. He described the incident in remarks to reporters as a “terrible” attack.

The White House cited visa overstay rates for Syria in its justification for the ban.

“Syria is emerging from a protracted period of civil unrest and internal strife. While the country is working to address its security challenges in close coordination with the United States, Syria still lacks an adequate central authority for issuing passports or civil documents and does not have appropriate screening and vetting measures,” the White House said.

Trump signed a proclamation in June banning the citizens of 12 countries from entering the United States and restricting those from seven others, saying it was needed to protect against “foreign terrorists” and other security threats. The bans apply to both immigrants and non-immigrants, such as tourists, students and business travelers.

The travel ban remains on those twelve countries, the White House said.

Trump also added partial restrictions and entry limitations on an additional 15 countries, including Nigeria, which is under scrutiny from Trump, who in early November threatened military action over the treatment of Christians in the country.

Nigeria says claims that Christians face persecution misrepresent a complex security situation and do not take into account efforts to safeguard religious freedom.

Since returning to office in January, Trump has aggressively prioritized immigration enforcement, sending federal agents to major U.S. cities and turning away asylum seekers at the U.S.-Mexico border.

The expansion of the countries subject to entry restrictions marks a further escalation of immigration measures the administration has taken since the shooting of two National Guard members in Washington, D.C., last month.

Investigators say the shooting was carried out by an Afghan national who entered the U.S. in 2021 through a resettlement program under which Trump administration officials have argued there was insufficient vetting.

Days after the shooting, Trump vowed to “permanently pause” migration from all “Third World Countries,” although he did not identify any by name or define the term.

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Father and son behind Bondi Jewish festival shooting that killed 15, Australian police say

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Two alleged gunmen who killed 15 people at a Jewish celebration at Sydney’s Bondi Beach were a father and son, police said on Monday, as Australia began mourning victims of its worst gun violence in almost 30 years.

The father, a 50-year-old, was killed at the scene, taking the number of dead to 16, while his 24-year-old son was in a critical condition in hospital, police said at a press conference on Monday. The father and son were identified as Sajid Akram and Naveed Akram, respectively, by state broadcaster ABC and other local media outlets, Reuters reported.

Officials have described Sunday’s shooting as a targeted antisemitic attack.

Forty people remain in hospital following the attack, including two police officers who are in a serious but stable condition, police said. The victims were aged between 10 and 87.

Witnesses said the attack at the famed beach, which was packed on a hot evening, lasted about 10 minutes, sending hundreds of people scattering along the sand and into nearby streets.

Police said around 1,000 people had attended the targeted Hanukkah event, which was held in a small park off the beach.

A bystander captured on video tackling and disarming an armed man during the attack has been hailed as a hero whose actions saved lives. 7News Australia named him as Ahmed al Ahmed, citing a relative, who said the 43-year-old fruit shop owner had been shot twice and had undergone surgery.

A fundraising page for the man had raised more than A$350,000 ($233,000) by Monday afternoon.

Police did not release the shooters’ names, but said the father had held a firearms license since 2015 and had six licensed weapons.

Home Minister Tony Burke said the father arrived in Australia in 1998 on a student visa, while his son is an Australian-born citizen.

Police did not provide details about the firearms, but videos from the scene showed the men firing what appeared to be a bolt-action rifle and a shotgun.

“We are very much working through the background of both persons. At this stage, we know very little about them,” New South Wales Police Commissioner Mal Lanyon told reporters.

Bondi local Morgan Gabriel, 27, said she had been heading to a nearby cinema when she heard what she thought were fireworks, before people started running up her street.

“I sheltered about six or seven. Two of them were actually my close friends, and the rest were just people that were on the street. But people, their phones had been left down the beach, and everyone was just trying to get away,” she said.

“It’s a very sad time this morning… Normally, like on a Monday or any morning, it’s packed. People are swimming, surfing, running. So this is very, very quiet. And there’s definitely a solemn sort of vibe.”

A makeshift memorial with flowers and Israeli and Australian flags was set up at the Bondi pavilion and an online condolence book was established. Police and private Jewish security guards wearing earpieces were positioned around as mourners paid respects and laid flowers.

WORLD LEADERS CONDEMN THE ATTACK

Authorities said they were confident only two attackers were involved in the incident, after previously saying they were checking whether a third offender was involved.

At the suspects’ home in Bonnyrigg, a suburb around 36 km (22 miles) west of the CBD, there was a heavy police presence on Monday, with a cordon wrapping around several neighbouring houses.

Australian Prime Minister Anthony Albanese visited Bondi Beach on Monday morning to lay flowers near the scene of the attack.

“What we saw yesterday was an act of pure evil, an act of antisemitism, an act of terrorism on our shores in an iconic Australian location,” Albanese told reporters.

“The Jewish community are hurting today. Today, all Australians wrap our arms around them and say, we stand with you. We will do whatever is necessary to stamp out antisemitism. It is a scourge, and we will eradicate it together.”

Albanese later urged Australians to light a candle in solidarity with the Jewish community “to show that light will indeed defeat darkness – part of what Hanukkah celebrates”, he said.

Albanese said several world leaders including U.S. President Donald Trump and French President Emmanuel Macron had reached out and offered condolences and support.

Sunday’s shootings were the most serious in a string of antisemitic attacks on synagogues, buildings and cars in Australia since the beginning of Israel’s war in Gaza in October 2023.

Israeli Prime Minister Benjamin Netanyahu said he had warned Albanese that Australia’s support for Palestinian statehood would fuel antisemitism.

In August, Australia accused Iran of directing at least two antisemitic attacks and gave Tehran’s ambassador a week to leave the country.

‘SAW BODIES ON THE GROUND’

Mass shootings are rare in Australia, one of the world’s safest countries. Sunday’s attack was the worst since 1996, when a gunman killed 35 people at the Port Arthur tourist site in the southern island state of Tasmania.

Rabbi Mendel Kastel, whose brother-in-law Eli Schlanger was killed in Sunday’s attack, said it had been a harrowing evening.

“You can very easily become very angry and try to blame people, turn on people but that’s not what this is about. It’s about a community,” he said.

“We need to step up at a time like this, be there for each other, and come together. And we will, and we will get through this, and we know that. The Australian community will help us do it,” he added.

Local woman Danielle, who declined to give her surname, was at the beach when the shooting occurred and raced to collect her daughter, who was attending a bar mitzvah at a function centre near where the alleged shooters were positioned.

“I heard there was a shooting so I bolted there to get my daughter, I could hear gunshots, I saw bodies on the ground. We are used to being scared, we have felt this way since October 7.”

Hamas militants attacked Israel on October 7, 2023, killing around 1,200 people, according to Israeli tallies. The attack precipitated Israel’s war in Gaza, which has killed more than 70,000 Palestinians, according to Gaza health authorities.

Australia’s Jewish diaspora is small but deeply embedded in the wider community, with about 150,000 people who identify as Jewish in the country of 27 million. About one-third of them are estimated to live in Sydney’s eastern suburbs, including Bondi.

Major cities including Berlin, London and New York stepped up security around Hanukkah events on Sunday following the attack at Bondi.

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