- OFAC (Workplace of International Property Management) is designating plenty of Russia primarily based Rosneft and Lukoil subsidiaries
- All entities owned 50% or extra, straight or not directly, by Rosneft and Lukoil are blocked even when not designated by OFAC.
It’s turning into more and more evident that Vladimir Putin has a behavior of overpromising and underdelivering—doubtless by design. Final week, Putin spoke with President Trump forward of Trump’s scheduled assembly with Ukrainian President Zelenskyy, and seems to have efficiently discouraged any consideration of supplying Tomahawk missiles to Ukraine.
The 2 leaders had additionally agreed in precept to fulfill in Budapest, pending preliminary discussions between their respective staffs. Nonetheless, these preparatory talks failed to supply any significant progress, prompting President Trump to postpone the summit altogether.
Recall that President Trump and Vladimir Putin met in Alaska, the place Trump had anticipated progress towards a potential peace settlement. That expectation, nonetheless, did not materialize, and the aftermath has strained relations and eroded belief between the 2 leaders ever since their preliminary handshake on the airport tarmac, adopted by a quick journey collectively within the presidential limousine.
