Connect with us

World

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.

Published

on

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.

World

Hamas quietly reasserts control in Gaza as post-war talks grind on

A new Gaza government can be formed once the United Nations approves Trump’s plan, the spokesperson said, adding that progress has been made towards forming the multinational force.

Published

on

From regulating the price of chicken to levying fees on cigarettes, Hamas is seeking to widen control over Gaza as U.S. plans for its future slowly take shape, Gazans say, adding to rivals’ doubts over whether it will cede authority as promised, Reuters reported.

After a ceasefire began last month, Hamas swiftly reestablished its hold over areas from which Israel withdrew, killing dozens of Palestinians it accused of collaborating with Israel, theft or other crimes. Foreign powers demand the group disarm and leave government but have yet to agree who will replace them.

Now, a dozen Gazans say they are increasingly feeling Hamas control in other ways. Authorities monitor everything coming into areas of Gaza held by Hamas, levying fees on some privately imported goods including fuel as well as cigarettes and fining merchants seen to be overcharging for goods, according to 10 of the Gazans, three of them merchants with direct knowledge.

Ismail Al-Thawabta, head of the media office of the Hamas government, said accounts of Hamas taxing cigarettes and fuel were inaccurate, denying the government was raising any taxes.

The authorities were only carrying out urgent humanitarian and administrative tasks whilst making “strenuous efforts” to control prices, Thawabta said. He reiterated Hamas’ readiness to hand over to a new technocratic administration, saying it aimed to avoid chaos in Gaza: “Our goal is for the transition to proceed smoothly”.

Hatem Abu Dalal, owner of a Gaza mall, said prices were high because not enough goods were coming into Gaza. Government representatives were trying to bring order to the economy – touring around, checking goods and setting prices, he said.

Mohammed Khalifa, shopping in central Gaza’s Nuseirat area, said prices were constantly changing despite attempts to regulate them. “It’s like a stock exchange,” he said.

“The prices are high. There’s no income, circumstances are difficult, life is hard, and winter is coming,” he said.

U.S. President Donald Trump’s Gaza plan secured a ceasefire on October 10 and the release of the last living hostages seized during the Hamas-led October 7, 2023 attacks on Israel.

The plan calls for the establishment of a transitional authority, the deployment of a multinational security force, Hamas’ disarmament, and the start of reconstruction.

But Reuters, citing multiple sources, reported this week that Gaza’s de facto partition appeared increasingly likely, with Israeli forces still deployed in more than half the territory and efforts to advance the plan faltering.

Nearly all of Gaza’s 2 million people live in areas controlled by Hamas, which seized control of the territory from President Mahmoud Abbas’ Palestinian Authority (PA) and his Fatah Movement in 2007.

Ghaith al-Omari, a senior fellow at the Washington Institute think-tank, said Hamas’ actions aimed to show Gazans and foreign powers alike that it cannot be bypassed.

“The longer that the international community waits, the more entrenched Hamas becomes,” Omari said.

Asked for comment on Gazans’ accounts of Hamas levying fees on some goods, among other reported activities, a U.S. State Department spokesperson said: “This is why Hamas cannot and will not govern in Gaza”.

A new Gaza government can be formed once the United Nations approves Trump’s plan, the spokesperson said, adding that progress has been made towards forming the multinational force, Reuters reported.

The PA is pressing for a say in Gaza’s new government, though Israel rejects the idea of it running Gaza again. Fatah and Hamas are at odds over how the new governing body should be formed.

Munther al-Hayek, a Fatah spokesperson in Gaza, said Hamas actions “give a clear indication that Hamas wants to continue to govern”.

In the areas held by Israel, small Palestinian groups that oppose Hamas have a foothold, a lingering challenge to it.

Gazans continue to endure dire conditions, though more aid has entered since the ceasefire.

A senior Gazan food importer said Hamas hadn’t returned to a full taxation policy, but they “see and record everything”.

They monitor everything that enters, with checkpoints along routes, and stop trucks and question drivers, he said, declining to be identified. Price manipulators are fined, which helps reduce some prices, but they are still much higher than before the war began and people complain they have no money.

Hamas’ Gaza government employed up to 50,000 people, including policemen, before the war. Thawabta said that thousands of them were killed, and those remaining were ready to continue working under a new administration.

Hamas authorities continued paying them salaries during the war, though it cut the highest, standardizing wages to 1,500 shekels ($470) a month, Hamas sources and economists familiar with the matter said. It is believed that Hamas drew on stockpiled cash to pay the wages, a diplomat said.

The Hamas government replaced four regional governors who were killed, sources close to Hamas said. A Hamas official said the group also replaced 11 members of its Gaza politburo who died.

Gaza City activist and commentator Mustafa Ibrahim said Hamas was exploiting delays in the Trump plan “to bolster its rule”. “Will it be allowed to continue doing so? I think it will continue until an alternative government is in place,” he said.

Continue Reading

World

Trump says he is considering F-35 fighter jet deal with Saudis

Published

on

U.S. President Donald Trump said on Friday that he is considering agreeing to a deal to supply Saudi Arabia with F-35 stealth fighter jets, which are made by Lockheed Martin.

“They wanna buy a lot of jets,” Trump told reporters aboard Air Force One, Reuters reported.

“I’m looking at that. They’ve asked me to look at it. They want to buy a lot of ’35’ – but they want to buy actually more than that, fighter jets.”

The potential sale comes as Trump plans to host Saudi Crown Prince Mohammed bin Salman at the White House next week, when they are expected to sign economic and defense agreements.

Asked about the talks, Trump told reporters it was “more than meeting, we’re honoring” Saudi Arabia.

He repeated that he hoped Saudi would soon join the Abraham Accords, which have normalized relations between Israel and Muslim-majority nations. Riyadh has resisted such a step absent agreement on a roadmap to Palestinian statehood.

A Pentagon intelligence report has raised concerns over the potential F-35 deal, warning that China could acquire the aircraft’s technology if the sale proceeds, the New York Times reported on Thursday, citing people familiar with the assessment.

Continue Reading

World

BBC apologises to Trump over speech edit but rejects defamation claim

Published

on

The British Broadcasting Corporation sent a personal apology to U.S. President Donald Trump on Thursday but said there was no legal basis for him to sue the public broadcaster over a documentary his lawyers called defamatory.

The documentary, which aired on the BBC’s “Panorama” news programme just before the U.S. presidential election in 2024, spliced together three parts of Trump’s speech on January 6, 2021, when his supporters stormed the Capitol. The edit created the impression he had called for violence, Reuters reported.

“While the BBC sincerely regrets the manner in which the video clip was edited, we strongly disagree there is a basis for a defamation claim,” the broadcaster said in a statement.

Lawyers for the U.S. president threatened on Sunday to sue the BBC for damages of up to $1 billion unless it withdrew the documentary, apologised to the president and compensated him for “financial and reputational harm.”

By asserting that Trump’s defamation case lacks merit, the BBC effectively signaled that it believes his claim for financial damages is equally untenable. But the broadcaster did not directly address Trump’s financial demand.

In its statement, the BBC said Chair Samir Shah on Thursday “sent a personal letter to the White House making clear that he and the corporation were sorry for the edit.” Shah earlier in the week apologised to a British parliamentary oversight committee and said the edit was “an error of judgement.”

In the Thursday statement, the BBC added that it has no plans to rebroadcast the documentary on any of its platforms.

Earlier on Thursday, the BBC said it was looking into fresh allegations, published in The Telegraph newspaper, over the editing by another of its programmes, “Newsnight,” of the same speech.

The BBC has been thrown into its biggest crisis in decades after two senior executives resigned amid allegations of bias, including about the edit of Trump’s speech. The claims came to light because of a leaked report by a BBC standards official.

Founded in 1922 and funded largely by a licence fee paid by TV-watching Britons, the BBC is without a permanent leader as the government weighs how it should be funded in the future.

It is a vital instrument of Britain’s “soft power” globally, and Prime Minister Keir Starmer said he believed in a “strong and independent” BBC on Wednesday.

 

Continue Reading
Advertisement
Advertisement
Advertisement
Advertisement

Trending

Copyright © 2025 Ariana News. All rights reserved!