September 19, 2026 10:04 AM

Trump signs Russia sanctions bill into law

US President Donald Trump on Friday signed the sweeping Russia sanctions bill into law, the White House said in a statement, paving the way for increased economic pressure on Russia over its invasion of Ukraine. The legislation targets Russia's energy and defense industries, as well as its "shadow fleet" of tankers that evade existing sanctions, in order to deprive Moscow of funds used to pay for its war with Ukraine. Critics say the legislation, which also levies tariffs on Russia's biggest t...

May 21, 2025 9:34 AM

EU, Britain go ahead with new Russia sanctions without waiting for Trump

The EU and Britain announced new sanctions against Russia on Tuesday without waiting for Washington to join them, a day after President Donald Trump's phone call with Vladimir Putin brought about neither a ceasefire in Ukraine nor fresh U.S. sanctions. London and Brussels said their new measures would zero in on Moscow's "shadow fleet" of oil tankers and financial firms that have helped it avoid the impact of other sanctions imposed over the war. "Sanctions matter, and I am grateful to everyon...