5 d. ago Trump suggests he’s open to exempting Hungary from sanctions on Russian oil

US president also praises Viktor Orbán’s hardline stance on immigration during White House summitDonald Trump has suggested that he could exempt Hungary from sanctions on importing oil from Russia as he praised Viktor Orbán’s hardline stance on immigration during a cozy White House summit.Trump also called on European leaders to show more respect to the Hungarian prime minister, who has clashed repeatedly with fellow EU heads of government over issues of migration, democracy and rule of law. Continue reading...

Politics

6 d. ago Ukraine war briefing: Bulgaria moves to seize Russian refinery while Poland seeks to be US gas conduit

Lukoil’s Burgas plant is Bulgaria’s only refinery; Slovakia running out of reasons to buy Russian gas as US import deal takes shape. What we know on day 1,352Bulgaria is preparing to seize control of Lukoil’s Burgas oil refinery and sell it to a new owner after the Russian oil company came under US sanctions, according to Bulgarian media reports. Burgas is Bulgaria’s only oil refinery and as part of Lukoil is at risk of having to shut down because of the sanctions. The US joined Britain last month in imposing sanctions on Russia’s two largest oil companies, Lukoil and Rosneft, over Vladimir Putin’s war in Ukraine. Legislation was being drafted to allow the seizure, Bulgarian outlet Mediapool reported on Wednesday. Lukoil said last week that it was moving to sell foreign assets because of the sanctions.With international action progressively choking off Russia’s petroleum exports, Poland said on Wednesday that it was working on a deal to import liquefied natural gas from the US to su...

Events

1 week ago Orbán to press Trump for Hungary's exemption from new US sanctions on Russian oil

Hungarian Prime Minister Viktor Orbán plans to persuade U.S. President Donald Trump to exempt Hungary from new U.S. sanctions on Russian oil when he visits Washington next week

Politics

2 w. ago Trump sanctions have swift impact but will world stop buying Russian oil and gas?

Analysts say president’s war on Russia’s fossil fuel revenues is a chance to bring peace to Ukraine and profit to USDonald Trump’s stated mission to broker peace in Ukraine could come down to this simple question: can the US president convince the world to stop buying Russia’s fossil fuels?Last week, Trump imposed sanctions on Russia’s two largest oil companies, Rosneft and Lukoil, in an effort to damage Moscow’s ability to fund its war machine. Continue reading...

Politics

2 w. ago Starmer vows Ukraine allies will take Russian oil and gas off market after Trump sanctions

Sir Keir Starmer said the coalition of the willing has agreed on a ‘clear plan for the rest of the year’ in supporting Kyiv

Politics

2 w. ago Europe must go further and faster to break Russia’s war machine

Editorial: Donald Trump’s sanctions on Russian oil are a welcome shift from a changeable president – but Ukraine needs its European allies to do much more to hit Putin where it hurts

Events

2 w. ago Will Trump’s new sanctions on Russian oil companies actually work to stop Putin?

The new sanctions were unveiled just a day after Trump said he would cancel a ‘wasted’ meeting with Putin in Budapest

Politics