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US plan for Ukraine could form basis for final peace settlement, says Putin

Russian President Vladimir Putin on Friday cautiously welcomed a US proposal to end Moscow's nearly four-year war in Ukraine, saying it could form the basis of a final peace settlement." Putin said Moscow had received the plan, which he called a new version and a modernised plan," which he said could form the basis for a final peace settlement. "But this text has not been discussed with us in any substantive way, and I can guess why, Putin said in Moscow. "The US administration has so far been unable to secure the consent of the Ukrainian side. Ukraine is against it. Apparently, Ukraine and its European allies are still under illusions and the dream of inflicting a strategic defeat on Russia on the battlefield. Earlier Friday, Ukrainian President Volodymyr Zelenskyy said in an address that his country is at a pivotal point in its four-year fight to defeat Russia's invasion, with Ukrainians potentially facing a choice between standing up for their sovereign rights or losing American

Lawmakers pass bill raising taxes for Russians branded as foreign agents'

Russian lawmakers approved a new bill Thursday boosting taxes for those labelled foreign agents by the government. The bill, which passed its third and final reading in the lower house of parliament, outlines an income tax rate of 30 per cent for individuals with the designation and takes away their right to government tax breaks. Income tax for most residents ranges between 13 per cent and 22 per cent, depending on their earnings. The 30 per cent tax rate previously only applied to nonresidents who were working for foreign companies. The bill also bars organisations labelled as foreign agents from applying for reduced corporate income tax rates. Those who betrayed our country should not receive tax breaks, lawmaker Vyacheslav Volodin said in a social media post announcing the bill's passage. They will pay higher taxes to the state budget. The legislation must be approved by the upper house and then signed by President Vladimir Putin before it becomes law. The changes are just on

Trump seeks to revive suit accusing Hillary Clinton of Russia conspiracy

The suit alleged that Clinton violated the federal racketeering law by conspiring to taint Trump's 2016 campaign with false claims that he was "colluding with a hostile foreign sovereignty

Bill to sanction Russia's trading partners would get my backing, says Trump

The bill would allow Trump to impose tariffs of up to 500 per cent on imports from countries that buy Russian energy products and are not actively supporting Ukraine

Third of Russian seaborne oil exports stuck amid US sanctions: JPMorgan

The US set a November 21 deadline to wind down all dealings with Rosneft and Lukoil, in the first direct sanctions imposed on Russia by President Donald Trump since the start of his second term

Trump needs 'real chance' of ending war to meet Putin, says Rubio

In October, Trump announced surprise plans to hold a new summit with Putin to discuss the war in Ukraine after the two spoke by phone

Russia may resume nuclear tests after Trump's call to restart US testing

Trump recently said he had ordered his defence department to restart nuclear weapons testing on an 'equal basis' with Russia and China

Russian crude finds fewer takers in China after hit from sanctions

State-owned giants such as Sinopec and PetroChina Co. are staying on the sidelines, having canceled some Russian cargoes in the wake of US sanctions on Rosneft PJSC and Lukoil PJSC last month

At least 3 killed, 17 injured after Russia's overnight strikes on Ukraine

Russian missile and drone attacks on Ukraine overnight into Saturday killed at least three people and wounded 17 others, local officials said. In the capital, Kyiv, one person was killed and ten wounded in a ballistic missile attack in the early hours of Saturday, Timur Tkachenko, head of Kyiv's city military administration, said. Three of the wounded were hospitalized, according to Ukraine's State Emergency Service. A fire broke out in a non-residential building in one location, while debris from intercepted missiles fell in an open area at another site, damaging windows in nearby buildings, the emergency service wrote on Telegram. Explosions in the capital. The city is under ballistic attack, Mayor Vitali Klitschko wrote on Telegram during the onslaught. In the Dnipropetrovsk region, two people were killed and seven wounded, acting regional Gov Vladyslav Haivanenko said, adding that apartment buildings, private homes, an outbuilding, a shop and at least one vehicle were damaged i

Zelenskyy urges US to widen sanctions on Russia, seeks long-range missiles

Ukrainian President Volodymyr Zelenskyy on Friday urged the United States to expand sanctions on Russian oil from two companies to the whole sector, and appealed for long-range missiles to hit back at Russia. Zelenskyy was in London for talks with two dozen European leaders who have pledged military help to shield his country from future Russian aggression if a ceasefire stops the more than three-year war. The meeting hosted by British Prime Minister Keir Starmer aimed to step up pressure on Russian President Vladimir Putin, adding momentum to recent measures that have included a new round of sanctions from the United States and European countries on Russia's vital oil and gas export earnings. The talks also addressed ways of helping protect Ukraine's power grid from Russia's almost daily drone and missiles attacks as winter approaches, enhancing Ukrainian air defenses, and supplying Kyiv with longer-range missiles that can strike deep inside Russia. Zelenskyy has urged the U.S. to

White House calls new US sanctions on Russian oil 'appropriate, necessary'

Criticising the lack of "interest or action" from the Russian side to move towards peace, Leavitt said that while a potential meeting between Putin and Trump is "not completely off the table"

Oil jumps 5% as US sanctions target Russia's Rosneft and Lukoil

The sanctions could reduce global oil supplies since Russia was the world's second-biggest crude producer in 2024 after the US, according to US energy data

Russia seeks ways to bypass US oil sanctions to protect state budget

Russia has a month to prepare before the restrictions take full effect and it'll use that time to adapt to the new situation, said Russian official

Putin says Russia will never bow to US pressure, warns on missiles

Putin told reporters that US and Western sanctions were an 'unfriendly' act and 'will have certain consequences, but they will not significantly affect our economic well-being'

US imposes new sanctions on Russia's top oil firms Rosneft and Lukoil

Treasury Secretary Scott Bessent announced new sanctions Wednesday against Russia's two biggest oil companies and blasted Moscow's refusal to end its senseless war as U.S.-led efforts to end the war floundered and the Ukrainian president sought more foreign military help. The sanctions against Rosneft and Lukoil, as well as dozens of subsidiaries, followed months of bipartisan pressure on President Donald Trump to hit Russia with harder sanctions on its oil industry. Now is the time to stop the killing and for an immediate ceasefire, Bessent said in a statement. Given Russian President Vladimir Putin's refusal to end this senseless war, Treasury is sanctioning Russia's two largest oil companies that fund the Kremlin's war machine. Bessent said the Treasury Department was prepared to take further action if necessary to support Trump's effort to end the war. We encourage our allies to join us in and adhere to these sanctions. Bessent made the comments as NATO Secretary General Mark .

'A good compromise': Zelenskyy backs Trump's proposal to freeze war lines

Ukrainian President Volodymyr Zelenskyy supports Trump's idea to freeze current war lines, but doubts Russian President Vladimir Putin will agree

'Thank you for your call, warm Diwali greetings': PM Modi after Trump call

PM Modi responded to President Donald Trump's Diwali wishes, saying India and the US share strong democratic values and should continue working together for peace and against terrorism

EU energy ministers push to ban all Russian gas by 2027 amid US pressure

Europe has been under pressure from the US to speed up moves to sever its energy ties with Moscow, and buy more American liquefied natural gas

'No major issue' for Russia if US skips nuclear warhead extension: Putin

Putin said it would, however, be a shame if nothing remained of the arms control framework between the two countries, which have by far the world's biggest nuclear arsenals