New U.S. sanctions will seriously impact Russia’s economy and war financing — economist
global.espreso.tv
Tue, 28 Oct 2025 13:20:00 +0200

Economist Oleh Pendzin shared this opinion on Espreso TV, noting that Washington is taking the right approach by tightening economic pressure on Moscow.“The Americans have already said that if the sanctions currently in place don’t affect Putin, they are ready to escalate by introducing similar restrictions on the oil infrastructure. Right now, sanctions apply to oil producers and sellers, but not yet to insurers, logistics companies, or tanker operators. Such measures would be a very serious blow,” Pendzin explained.According to him, Greek companies that previously supplied tankers for Russian oil exports are now actively refusing further cooperation, fearing inclusion on the US sanctions list. Pendzin also noted that India, which accounts for around 20% of Russia’s oil sales, may eventually reduce imports under growing Western pressure.“A meeting between Xi Jinping and Trump is still ahead, where many issues will be discussed, including the Russian-Ukrainian war. In my view, the Americans are on the right track — exerting pressure on Russia and pushing for peace through strength. All this will significantly worsen the state of the Russian economy and its ability to finance the war,” Pendzin emphasized.On October 22, the U.S. Treasury Department imposed sanctions on two of Russia’s largest oil companies, Rosneft and Lukoil, over Moscow’s continued aggression against Ukraine. A few days later, Lukoil announced plans to sell its foreign assets due to “restrictive measures imposed by certain countries.”









