Transatlantic allies unite to pressure Moscow’s economy and energy sector
WASHINGTON, Sept 9 — U.S. and European officials convened in Washington this week to discuss a new round of sanctions against Russia, following an intensification of attacks on Ukraine. The meetings focused on aligning policies to restrict Moscow’s financial resources and energy exports.
The discussions, held at the U.S. Treasury Department, included Treasury Secretary Scott Bessent and EU Sanctions Envoy David O’Sullivan. Leaders examined expanding restrictions on Russian oil exports and refining capabilities, a central source of Kremlin revenue, and emphasized the necessity of a coordinated transatlantic approach to strengthen the sanctions’ impact.
Trump Signals Potential Expansion
President Donald Trump, participating remotely, indicated the U.S. could move forward with a “second phase” of sanctions. This phase might target nations such as India and China that continue to purchase Russian oil, with the goal of cutting off indirect financial support to Moscow and reducing its energy revenues.
EU Prepares 19th Sanctions Package
Simultaneously, the European Union is preparing its 19th sanctions package, aimed at Russian banks and energy companies. The measures are intended to further isolate Russia from the global financial system and limit its energy exports, reinforcing Western efforts.
Escalating Attacks Drive Urgency
The talks came after Russia launched its largest offensive on Ukrainian infrastructure to date, deploying over 800 drones and 13 missiles against more than 30 locations. The attacks caused extensive damage and significant casualties, prompting Ukrainian President Volodymyr Zelenskyy to call for stronger international sanctions and support.
Looking Ahead
The coordinated U.S.-EU strategy underscores a firm commitment to economic pressure in response to Russia’s intensified aggression. While the effectiveness of these measures depends on global compliance and enforcement, the discussions signal a more unified and assertive stance from Western powers amid the ongoing conflict.
