Leaders coordinate efforts to curb Moscow’s financial and energy resources
WASHINGTON, Sept 9 — U.S. and European officials gathered in Washington this week to discuss a new round of sanctions targeting Russia, following an unprecedented escalation of Russian attacks on Ukraine. The talks focused on tightening economic pressure to limit Moscow’s ability to sustain its military operations.
The meeting, held at the U.S. Treasury Department, included Treasury Secretary Scott Bessent and EU Sanctions Envoy David O’Sullivan. Discussions centered on measures affecting Russian oil exports and refining operations, a key source of revenue for the Kremlin. Both sides emphasized the importance of a coordinated strategy to increase the effectiveness of the sanctions.
Trump Signals Expansion of Sanctions
Participating via phone, President Donald Trump indicated the U.S. may advance a “second phase” of sanctions, which could target countries such as India and China that continue to purchase Russian oil. The move is intended to reduce indirect support for Moscow and cut critical revenue streams.
EU Moves Toward 19th Sanctions Package
The European Union is preparing its 19th set of sanctions, aimed at further isolating Russia from the global financial system. The package is expected to target banks and energy companies, reinforcing Western efforts to limit Russia’s economic capacity and reduce its export potential.
Escalating Russian Attacks Spur Urgency
The heightened sanctions discussions follow a major Russian offensive, which involved over 800 drones and 13 missiles striking more than 30 locations across Ukraine. The assaults caused extensive damage and significant casualties, prompting Ukrainian President Volodymyr Zelenskyy to call for stronger international measures against Russia.
Looking Ahead
The coordinated U.S. and EU approach reflects a commitment to leveraging economic pressure in response to Russia’s intensifying aggression. While the ultimate impact of these sanctions will depend on global compliance and enforcement, the talks signal a more unified and assertive stance from Western powers amid the ongoing conflict.
