[🇷🇺] Russia vs West

[Saif]

https://thefinancialexpress.com.bd/economy/global/us-ramps-up-sanctions-on-russias-oil-gas-banking-sectors

US ramps up sanctions on Russia's oil, gas, banking sectors
FE ONLINE DESK
Published :
Mar 14, 2025 12:29
Updated :
Mar 14, 2025 12:29

The United States is tightening restrictions on Russia's oil, gas and banking sectors by limiting their access to US payment systems, according to CBC News.

The U.S. Treasury Department on Wednesday ended a 60-day exemption introduced by the Biden administration in January, which allowed certain energy transactions involving sanctioned Russian banks to continue, CBC News reported. As the waiver expired, these banks may no longer use US payment systems for major energy deals.

The move to tighten access to U.S. banking systems makes it harder for other countries to buy Russian oil, potentially driving prices up by as much as 5 U.S. dollars per barrel, reports Xinhua.

The tougher restrictions come as the Donald Trump administration is trying to convince Russia to agree to a proposed 30-day ceasefire to end the Russia-Ukraine conflict.​

 

[Saif]

West will try to undermine us

Russian President Vladimir Putin yesterday said the West would try to undermine Russia regardless of whether it lifted sanctions, telling business leaders in Moscow they should look elsewhere to invest

www.thedailystar.net

West will try to undermine us
Says Putin ahead of talks with Trump on Ukraine

Russian President Vladimir Putin yesterday said the West would try to undermine Russia regardless of whether it lifted sanctions, telling business leaders in Moscow they should look elsewhere to invest.

Delivering a broadly anti-Western speech ahead of a crunch phone call with US counterpart Donald Trump, Putin said the G7 group was too small to see "on a map" and that Western dominance was "slipping away".

Western countries introduced sweeping sanctions on Russia in response to its full-scale military offensive against Ukraine in February 2022, restrictions that the Kremlin has called an "illegal" attempt to destroy its economy.

"Even if there is a gesture from the other side, like they suggest lifting or easing something, you can expect they will find another way of pressing down, to throw a spanner in the works," Putin told business leaders at an event in Moscow.

"You should invest where it is profitable for you and Russia, where profits are high and investments are reliably protected. There are many such regions of the world," the Russian leader said.

Dozens of Western companies pulled out of Russia in the wake of its conflict in Ukraine, while some of those that remained were seized by the Russian government.

While the Russian economy has overcome the initial shock of sanctions and found domestic alternatives to most Western brands, it wants the West to lift them as part of any Ukraine peace deal.

The Trump administration has declined to say whether it will ease sanctions on Moscow, saying only that both sides will need to make "concessions" for peace.

Washington and Moscow have expressed optimism about recent talks but it remains to be seen if Trump can convince Putin to agree to a US-proposed 30-day ceasefire, more than three years into Russia's invasion.

Kyiv has agreed to halting fighting, but Putin instead set a string of conditions, with European countries criticising him for not committing to an immediate ceasefire.

Many in Europe worry Trump -- who has for years expressed admiration for Russia -- will cede to Putin's demands.

Spokesman Dmitry Peskov said the leaders will discuss Ukraine and the "normalisation" of US-Russia ties, with Trump's previous call to Putin ending the Kremlin chief's isolation during the Ukraine invasion.​

 

[Mainerik]

@Krishna with Flute

 

[Krishna with Flute]

@Krishna with Flute

West is trying that post WW II. What he says is a open secret.