US President Donald Trump has announced what he called "tremendous" new sanctions against two of Russia's largest oil companies, in a bid to pressure Moscow into ending its war on Ukraine. The measures target Rosneft and Lukoil - two major oil corporations that help fund the Kremlin's "war machine", according to US Treasury Secretary Scott Bessent.

The European Union has agreed on a new raft of sanctions against Russia targeting its shadow fleet of oil tankers and banning its imports of liquefied natural gas, while EU leaders on Thursday also en

President Vladimir V. Putin warned of an overwhelming response if the Trump administration arms Kyiv with powerful missiles it seeks.

Kyrgyzstan voiced regret on Friday over the inclusion of several Kyrgyz entities in the European Union's latest Russia sanctions list, a move it called "one-sided sanctions pressure".

Get the latest news and live updates as the government shutdown continues, Trump sanctions Russia in a push for a ceasefire in Ukraine and Rubio heads to Israel amid Gaza truce.

Heading into the report, a group of unions and watchdogs launched the "Take Back Tesla" campaign to urge investors to oppose Musk's new compensation plan. The highly publicized pay package would give the billionaire entrepreneur an opportunity to rake in almost $1 trillion in stock.

Reliance Industries Ltd, the top Indian buyer of Russian oil, will abide by Western sanctions against Moscow while maintaining its relationship with current oil suppliers, its spokesperson said in a statement.