Overview
- After sanctioning Rosneft and Lukoil last month, Rubio said the U.S. has few additional unilateral targets left, with the measures set to take full effect on Nov. 21.
- Rubio emphasized cracking down on the shadow fleet as the next step and urged European partners to take a larger role given operations near their waters.
- Hungary received a one-year U.S. waiver on Russian oil and gas purchases, Rubio said, countering Budapest’s claim that the exemption is open-ended.
- U.S. discussions with Kyiv include providing specialized equipment and defensive weapons to protect energy facilities, though Rubio warned new gear could be destroyed soon after installation.
- Ukraine’s sanctions envoy argued viable targets remain across oil, banking, shipping infrastructure, defense components, payments, and Arctic activities, saying more sanctions will come.