The China Mail - Zelensky hails Trump sanctions on Russia as 'strong' message

USD -
AED 3.672501
AFN 65.498963
ALL 80.903499
AMD 376.846763
ANG 1.79008
AOA 916.50795
ARS 1404.005901
AUD 1.41449
AWG 1.8025
AZN 1.703834
BAM 1.64226
BBD 2.013225
BDT 122.275216
BGN 1.67937
BHD 0.376981
BIF 2962.558673
BMD 1
BND 1.265482
BOB 6.907178
BRL 5.202397
BSD 0.999559
BTN 90.496883
BWP 13.113061
BYN 2.871549
BYR 19600
BZD 2.010286
CAD 1.35451
CDF 2209.999973
CHF 0.767802
CLF 0.021673
CLP 855.770156
CNY 6.91085
CNH 6.913335
COP 3667.37
CRC 494.655437
CUC 1
CUP 26.5
CVE 92.586917
CZK 20.391197
DJF 177.720222
DKK 6.28071
DOP 62.648518
DZD 129.422296
EGP 46.787895
ERN 15
ETB 155.167434
EUR 0.84065
FJD 2.191604
FKP 0.731721
GBP 0.73259
GEL 2.689461
GGP 0.731721
GHS 10.999761
GIP 0.731721
GMD 73.512855
GNF 8774.581423
GTQ 7.665406
GYD 209.121405
HKD 7.81759
HNL 26.413922
HRK 6.333299
HTG 131.114918
HUF 317.780487
IDR 16769.25
ILS 3.08274
IMP 0.731721
INR 90.55955
IQD 1309.391361
IRR 42125.000158
ISK 121.889989
JEP 0.731721
JMD 156.391041
JOD 0.709028
JPY 154.413992
KES 128.839903
KGS 87.449936
KHR 4029.999851
KMF 414.400054
KPW 900.003053
KRW 1457.497429
KWD 0.30696
KYD 0.832959
KZT 491.773271
LAK 21475.000446
LBP 85550.000527
LKR 309.286401
LRD 186.41812
LSL 15.923203
LTL 2.95274
LVL 0.60489
LYD 6.301851
MAD 9.112336
MDL 16.91696
MGA 4425.150304
MKD 51.805436
MMK 2100.147418
MNT 3570.525201
MOP 8.048802
MRU 39.290303
MUR 45.680351
MVR 15.460643
MWK 1733.197864
MXN 17.210435
MYR 3.923498
MZN 63.760449
NAD 15.923203
NGN 1353.430026
NIO 36.786377
NOK 9.526825
NPR 144.79562
NZD 1.654935
OMR 0.384495
PAB 0.999551
PEN 3.356481
PGK 4.288263
PHP 58.509818
PKR 279.617868
PLN 3.54495
PYG 6578.947368
QAR 3.64344
RON 4.279798
RSD 98.631957
RUB 77.422365
RWF 1459.382072
SAR 3.750856
SBD 8.054878
SCR 13.740266
SDG 601.504921
SEK 8.89919
SGD 1.265185
SHP 0.750259
SLE 24.37498
SLL 20969.499267
SOS 571.032862
SRD 37.890555
STD 20697.981008
STN 20.572331
SVC 8.746069
SYP 11059.574895
SZL 15.907469
THB 31.252954
TJS 9.380697
TMT 3.5
TND 2.879586
TOP 2.40776
TRY 43.63275
TTD 6.779547
TWD 31.504503
TZS 2575.00033
UAH 43.048987
UGX 3553.510477
UYU 38.331227
UZS 12314.900728
VES 384.79041
VND 25885
VUV 119.800563
WST 2.713692
XAF 550.798542
XAG 0.012351
XAU 0.000199
XCD 2.70255
XCG 1.801442
XDR 0.685017
XOF 550.798542
XPF 100.141488
YER 238.349851
ZAR 15.96252
ZMK 9001.2159
ZMW 19.016311
ZWL 321.999592
  • SCS

    0.0200

    16.14

    +0.12%

  • RBGPF

    0.1000

    82.5

    +0.12%

  • CMSC

    0.1070

    23.692

    +0.45%

  • RYCEF

    0.5300

    17.41

    +3.04%

  • CMSD

    0.1000

    24.07

    +0.42%

  • RIO

    0.3700

    97.22

    +0.38%

  • AZN

    5.0900

    193.1

    +2.64%

  • GSK

    -0.1900

    58.82

    -0.32%

  • BCE

    0.2050

    25.825

    +0.79%

  • BCC

    0.6500

    89.67

    +0.72%

  • NGG

    0.4000

    88.79

    +0.45%

  • RELX

    -0.1900

    29.29

    -0.65%

  • JRI

    -0.0350

    12.775

    -0.27%

  • VOD

    -0.2300

    15.25

    -1.51%

  • BTI

    -0.9400

    60.21

    -1.56%

  • BP

    -2.2550

    36.965

    -6.1%

Zelensky hails Trump sanctions on Russia as 'strong' message
Zelensky hails Trump sanctions on Russia as 'strong' message / Photo: © AFP

Zelensky hails Trump sanctions on Russia as 'strong' message

Ukraine's President Volodymyr Zelensky on Thursday hailed US President Donald Trump's "resolute" decision to sanction Russia's energy sector, as Washington's patience finally snapped with Moscow for stalling peace efforts.

Text size:

Russia said the sanctions risked hurting diplomatic efforts to end the war in Ukraine and that it had developed "strong immunity" to Western restrictions. Its close ally China said they had "no basis in international law".

But Zelensky called the measures "a clear signal that prolonging the war and spreading terror come at a cost".

"It is a strong and much-needed message that aggression will not go unanswered," he wrote on X as he arrived at an EU summit in Brussels.

Trump slapped sanctions on Russia's two largest oil companies on Wednesday, complaining that his talks with Vladimir Putin to end the Ukraine war "don't go anywhere".

The US leader has held off pulling the trigger on sanctions against Russia for months but he eventually took the leap after plans for a fresh summit with Putin in Budapest collapsed.

Trump said that he hoped the "tremendous sanctions" against Russian oil giants Rosneft and Lukoil would be short-lived. "We hope that the war will be settled," he said.

The US sanctions came as the European Union also imposed a 19th package of sanctions on Russia over the war -- targeting Moscow's key energy revenues.

"This is a clear signal from both sides of the Atlantic that we will keep up collective pressure on the aggressor," EU chief Ursula von der Leyen wrote on X.

The US measures represent a major stepping up of its actions against Russia and reflect Trump's growing frustration at being unable to persuade Putin to end the conflict despite what he calls his personal chemistry with the Kremlin chief.

Despite Trump's outreach to Putin, Russia has continued its heavy bombardments on Ukraine, targeting key energy infrastructure ahead of the winter.

Zelensky said he hoped that Trump's shift on sanctions would also herald a change of mind on giving Ukraine long-range Tomahawk missiles -- after Kyiv came away from a meeting in Washington empty handed last week.

Kyiv and its supporters have already sought to seize on Trump's demand for Russia and Ukraine to stop fighting along the current front line and shift the onus from Kyiv to Moscow to make concessions.

- Frozen assets loan -

As part of the new EU measures, the 27-nation bloc brought forward a ban on the import of liquefied natural gas from Russia by a year to the start of 2027.

It also blacklisted over 100 more tankers from Moscow's so-called "shadow fleet" of ageing oil vessels and imposed controls on the travel of Russian diplomats suspected of espionage.

While Europe welcomed Trump's latest move, it also was looking at ways to shore up Ukraine's finances as the war drags on through a fourth year.

EU leaders were looking at their summit to give a preliminary green light to plans for a mammoth 140-billion-euro ($162-billion) loan for Ukraine using frozen Russian central bank assets.

Belgium, where the bulk of the money is held at international deposit organisation Euroclear, has demanded guarantees the rest of the EU will share any liabilities if Russia goes to court.

Belgian Prime Minister Bart De Wever said he was willing to agree if his conditions are met but warned he "would do everything in my power" to block the plan if not.

While key questions remain, diplomats hope EU leaders will give the bloc's executive the go-ahead to draw up a formal legal proposal for the loan that would only be paid back by Kyiv once Moscow coughs up for the damage it has wrought during its invasion of Ukraine.

Even if an initial nod is given at the summit, there still looks set to be months of wrangling over the small print before the loan can be finalised.

A.Zhang--ThChM