The Latest Breaking News from Vladimir Putin

Ukraine and Europe are pushing for a ceasefire along the current frontlines as a first step towards any peace agreement. They hope that US President Donald Trump will support the idea and put more pressure on Moscow to accept it.

Trump cancels meeting with Putin and signals sanctions, expert warns of early flu season in China

EU leaders will look Thursday to greenlight a potential mammoth new loan for Ukraine using Russian frozen assets, in a bid to bolster Kyiv as US President Donald Trump vacillates on peace efforts with Moscow.

Sir Keir Starmer said allies had agreed a ‘clear plan for the rest of the year’ on supporting Ukraine

Crude prices spiked more than two percent Thursday after Donald Trump said he would hit two Russian oil companies with hefty sanctions, while talk that the White House was planning curbs on software exports to China added to gloom on markets.

In a sweeping escalation of economic pressure on Russia, the U.S. Department of the Treasury said that it will be imposing full blocking sanctions on its two largest oil companies, Rosneft and Lukoil, citing Moscow’s “lack of serious commitment to a peace process to end the war in Ukraine.”

Trump, who has to date not put sanctions on Russia over the war and instead relied on trade measures, says Rosneft and Lukoil will be targeted. Key US politics stories from Wednesday 22 October

Trump says he canceled meeting with Putin because ‘we have good conversations but then they don’t go anywhere’

This is the first time the U.S. has imposed sanctions against Russia over the war with Ukraine since Trump assumed office.

Trump administration hardens stance against the Kremlin day after cancelling a planned summit with Russian leader

Scott Bessent claimed the measures against Rosneft and Lukoil will ‘degrade’ the Kremlin’s military efforts