US Treasury Secretary Scott Bessent stated that the United States expects support from European partners for the potential implementation of secondary sanctions against countries that purchase Russian oil and help Russia evade restrictions. According to Bessent, such measures could be introduced if Russia does not agree to the terms of the ultimatum put forward by Donald Trump and continues its aggression.
This is reported by Business • Media
“Any country that buys sanctioned Russian oil will face secondary tariffs of up to 100%,” the secretary reminded.
US, UK, and EU Response to Russian Energy Resources
Republican Senator Lindsey Graham welcomed the European Union’s decision to lower the cap on the purchase price of Russian oil from $60 to $47.6 per barrel. At the same time, he urged EU countries to completely cease the purchase of energy resources from Russia until the Russian authorities agree to peace negotiations.
The United Kingdom, in turn, announced a new package of sanctions aimed at increasing pressure on Russia’s key oil sector. The restrictions affect a number of companies and involve 135 tankers of the so-called “shadow fleet,” which illegally transported Russian oil worth over $24 billion since 2024.
Sanctions Impact International Deals and Companies
Meanwhile, due to the new EU restrictions, the deal for Rosneft to sell its stake in the Indian company Nayara Energy (49.13%) is under threat. The Russian company is seeking to sell its stake as it has been unable to repatriate profits from India for several years.
Additionally, the energy giant BP has refused to purchase 60,000 tons of diesel fuel produced at the Nayara Energy refinery in India. This decision was also a result of the new sanctions imposed by the European Union.