Facebook Pixel After US, EU piles pressure with more Russia sanctions | Hindustan Times Delhi - newspaper - Read this story on Magzter.com
Go Unlimited with Magzter GOLD

Go Unlimited with Magzter GOLD

Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just

$149.99
 
$74.99/Year

Try GOLD - Free

After US, EU piles pressure with more Russia sanctions

Hindustan Times Delhi

|

October 24, 2025

The European Union (EU) heaped more economic sanctions on Russia on Thursday, as Chinese state oil companies suspended purchases of seaborne Russian crude following sweeping US sanctions, dealing a double blow to Moscow’s war revenues.

After US, EU piles pressure with more Russia sanctions

Volodymyr Zelensky, Ukraine's president (left), and Antonio Costa, president of the European Council, at a European Council meeting in Brussels, Belgium, on Thursday.

(BLOOMBERG)

Chinese national oil companies PetroChina, Sinopec, CNOOC and Zhenhua Oil said they would refrain from dealing in seaborne Russian oil, at least in the short term, due to concerns over US sanctions imposed the previous day on Russia’s two biggest oil producers.

The moves represent a significant escalation in efforts to choke off the revenue that fuels Moscow's invasion of Ukraine and compel Russian President Vladimir Putin to negotiate an end to the nearly four-year conflict. Russian officials and state media dismissed the Western measures, saying they are largely ineffective.

The developments mark a triumph for Ukraine’s President Volodymyr Zelensky, who has long campaigned for the international community to punish Russia more comprehensively for attacking his country.

A sharp drop in oil demand from Russia's two largest customers — China and India — will strain Moscow's oil revenues and force the world’s top importers to seek alternative supplies, likely pushing up global prices.

MORE STORIES FROM Hindustan Times Delhi

Hindustan Times

Hindustan Times

Patient's kin borrowed ₹8 for air ambulance that cra

When he opened his small hotel in Jharkhand's Satbarwa hamlet in Latehar district after years of painstaking effort, Sanjay Kumar Sahu, 41, must have felt that his luck was about to turn for the better.

time to read

2 mins

February 25, 2026

Hindustan Times

Jharkhand crash: Plane didn't have a black box

The medical evacuation aircraft that crashed in Jharkhand Monday night, killing all seven people on board, had no black box, officials familiar with the matter told HT, in what would likely pose a significant challenge in piecing together the cause of the incident.

time to read

3 mins

February 25, 2026

Hindustan Times

HC overturns dy collector's block on property sale in Guj

The Gujarat high court has set aside an order of the City Deputy Collector (East), Ahmedabad, that blocked the sale of a property in the Gheekanta area, holding that the authority acted outside the limits prescribed under the Disturbed Areas Act, 1991.

time to read

1 mins

February 25, 2026

Hindustan Times

Cabinet resolves to serve 1.4bn citizens in Seva Teerth pledge

The Union Cabinet led by Prime Minister Narendra Modi on Tuesday, at its first meeting in the newly inaugurated Prime Minister's Office complex, “Seva Teerth”, passed a resolution reiterating that every decision taken there would be guided by a spirit of service to 1.4 billion citizens and aligned with the broader goal of nation-building.

time to read

1 mins

February 25, 2026

Hindustan Times

Hindustan Times

A rotating ice cream

Summer season's rare street treat

time to read

2 mins

February 25, 2026

Hindustan Times

15-yr-old off-roading in Thar dead as SUV falls into ravine

A 15-year-old boy died and two people were critically injured after a Mahindra Thar in which they were performing stunts in the Aravallis plunged into a 100-foot deep ravine in a Faridabad village on Tuesday, police said.

time to read

1 min

February 25, 2026

Hindustan Times Delhi

'Kerala Story 2' hearing: State is secular, says HC

The Kerala high court on Tuesday said the people of the state “live in total harmony” while questioning the Central Board of Film Certification (CBFC) and the producers of the movie Kerala Story 2, over its alleged portrayal of the state.

time to read

1 min

February 25, 2026

Hindustan Times Delhi

Samantha calls herself and Raj Nidimoru an ‘irritating couple’

Samantha, who married filmmaker Raj Nidimoru in December last year, has opened up about what married life looks like for them.

time to read

1 min

February 25, 2026

Hindustan Times Delhi

Hindustan Times Delhi

VICKY ON KATRINA AS A MUM: SHE'S A WARRIOR

Actor Vicky Kaushal says he is 'incredibly proud' of his wife, actor Katrina Kaif, and credits her for being a 'superhero' in her journey as a mother

time to read

1 min

February 25, 2026

Hindustan Times Delhi

Tricky Zimbabwe next as hosts assess the big picture

In a tournament as compressed as the T20 World Cup, one defeat can be absorbed, but two can prove disastrous.

time to read

2 mins

February 25, 2026

Listen

Translate

Share

-
+

Change font size