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Japan Times
26-05-2025
- Politics
- Japan Times
Calling Putin ‘crazy,' Trump says he's weighing Russia sanctions
U.S. President Donald Trump said he was "absolutely' considering new sanctions against Russia, after Moscow launched a second night of deadly missile and drone strikes across much of Ukraine. Trump's comments, made to reporters in New Jersey on Sunday before he boarded Air Force One, came as he grows visibly frustrated with Russian President Vladimir Putin and the state of talks meant to deliver a ceasefire in Ukraine. "I'm not happy with what Putin is doing,' Trump said. "He's killing a lot of people, and I don't know what the hell happened to Putin. I've known him a long time — always gotten along with him — but he's sending rockets into cities and killing people, and I don't like it at all.' Trump in a Truth Social post later on Sunday said that Putin "has gone absolutely CRAZY!' "I've always said that he wants ALL of Ukraine, not just a piece of it, and maybe that's proving to be right, but if he does, it will lead to the downfall of Russia!' Trump said after he returned to Washington. Trump had cooled to the idea of ratcheting up pressure on Putin with sanctions earlier this month. Possibilities may include new sanctions targeting Russia's oil trade or oil company Rosneft. U.S. President Donald Trump speaks to reporters before departing Morristown Airport in Morristown, New Jersey, en route to Joint Base Andrews in Maryland, on Sunday. | Kenny Holston / The New York Times Ukrainian authorities said at least 13 people were killed in Russian airstrikes overnight, prompting Ukrainian President Volodymyr Zelenskyy to renew his call for more sanctions. The attacks coincided with a third day of prisoner exchanges between Russia and Ukraine. Trump repeatedly questioned "what's wrong' with Putin as he addressed reporters at the airport. "We're in the middle of talking, and he's shooting rockets into Kyiv and other cities,' he said. "I don't like it at all.' Trump blamed Zelenskyy, along with Putin and former U.S. President Joe Biden, for the war. "President Zelenskyy is doing his Country no favors by talking the way he does,' he said in the Truth Social post. "Everything out of his mouth causes problems, I don't like it, and it better stop.' Ukrainian officials said Sunday that Russia had launched a record number of drones against the country, killing 13 people, even as Kyiv and Moscow completed their biggest prisoner exchange since the start of the war. Ukraine's emergency services described a night of "terror" amid a second straight night of massive Russian airstrikes, including on the capital Kyiv. The attacks came as the two countries completed their biggest prisoner swap since Moscow launched its full-scale invasion in February 2022, with 1,000 captured soldiers and civilian prisoners sent back by each side. Those killed in the latest Russian strikes included two children, aged 8 and 12, and a 17-year-old, killed in the northwestern region of Zhytomyr, officials said. Their school named the dead children as Roman, Tamara and Stanislav in a post on Facebook, saying: "Their memory will always be with us. We will never forgive." "Without truly strong pressure on the Russian leadership, this brutality cannot be stopped," Zelenskyy said on social media ahead of Trump's remarks. "The silence of America, the silence of others around the world only encourages Putin," he said, adding: "Sanctions will certainly help." The European Union's top diplomat, Kaja Kallas, called for "the strongest international pressure on Russia to stop this war." "Last night's attacks again show Russia bent on more suffering and the annihilation of Ukraine. Devastating to see children among innocent victims harmed and killed," she said on social media. German Foreign Minister Johann Wadephul also denounced the attacks. "Putin does not want peace, he wants to carry on the war and we shouldn't allow him to do this," he said. "For this reason we will approve further sanctions at a European level." A local resident stands in a damaged flat of a multistory residential building following a drone strike in Kyiv on Sunday. | AFP-JIJI The strikes came after Russia launched 14 ballistic missiles and 250 drones overnight Friday to Saturday, which wounded 15 people, according to Ukrainian officials. Ukraine's military said on Sunday it had shot down a total of 45 Russian missiles and 266 attack drones overnight. Air force spokesman Yuriy Ignat said 298 drones were launched, adding that this was "the highest number ever." Four people were also reported dead in Ukraine's western Khmelnytskyi region, and four in the Kyiv region. Two people died in the Mykolaiv region. On Sunday evening Vitaliy Kim, governor of the southern region, said the body of a second person had been recovered from the rubble. Emergency services said 16 people were injured in the Kyiv region, including three children, in the "massive night attack." "We saw the whole street was on fire," a 65-year-old retired woman, Tetiana Iankovska, said in Markhalivka village just southwest of Kyiv. Russia said its strikes were aimed at Ukraine's "military-industrial complex" and that it had brought down 110 Ukrainian drones. Flights at Moscow airports suffered temporary closures due to Ukrainian drone activity but no injuries were reported, officials said. Russia also said it had exchanged another 303 Ukrainian prisoners of war for the same number of Russian soldiers held by Kyiv — the last phase of a swap agreed during talks in Istanbul on May 16. Russia and Ukraine had over three days "carried out the exchange of 1,000 people for 1,000 people," the Defense Ministry said. Zelenskyy confirmed the swap was complete. Both sides received 390 people in the first stage on Friday and 307 on Saturday. Trump on Friday congratulated the two countries for the swap. "This could lead to something big," he wrote on social media. Trump's efforts to broker a ceasefire in Europe's biggest conflict since World War II have so far been unsuccessful, despite his pledge to rapidly end the fighting. A reporter saw some of the formerly captive Ukrainian soldiers arrive at a hospital in the northern Chernigiv region, emaciated but smiling and waving to crowds. "It's simply crazy. Crazy feelings," 31-year-old Konstantin Steblev, a soldier, said Friday as he stepped back onto Ukrainian soil after three years in captivity. One former captive, 58-year-old Viktor Syvak, said he was overcome by the emotional homecoming. Captured in the Ukrainian port city of Mariupol, he had been held for 37 months and 12 days. "It's impossible to describe. I can't put it into words. It's very joyful," he said of the release.
Mint
25-05-2025
- Politics
- Mint
Trump Says He's ‘Absolutely' Weighing Sanctions Against Russia
President Donald Trump said he was 'absolutely' considering new sanctions against Russia, after Moscow launched a second night of deadly missile and drone strikes across much of Ukraine. Trump's comments, made to reporters in New Jersey on Sunday before he boarded Air Force One, came as he grows visibly frustrated with Russian President Vladimir Putin and the state of talks meant to deliver a ceasefire in Ukraine. 'I'm not happy with what Putin is doing,' Trump said. 'He's killing a lot of people, and I don't know what the hell happened to Putin. I've known him a long time — always gotten along with him — but he's sending rockets into cities and killing people, and I don't like it at all.' Ukrainian authorities said at least 12 people were killed in Russian airstrikes overnight, prompting Ukrainian President Volodymyr Zelenskiy to renew his call for more sanctions. The attacks coincided with a third day of prisoner exchanges between Russia and Ukraine. Trump repeatedly questioned 'what's wrong' with Putin. 'We're in the middle of talking, and he's shooting rockets into Kyiv and other cities,' he said. 'I don't like it at all.' Trump's comments mark a shift in his approach to the two countries, where previously Zelenskiy bore the brunt of US pressure for an end to the war that began in February 2022 with Russia's invasion. Trump had been cool to the idea of ratcheting up pressure on Putin with sanctions earlier this month. Possibilities could include new sanctions targeting Russia's oil trade or oil company Rosneft. With assistance from María Paula Mijares Torres. This article was generated from an automated news agency feed without modifications to text.
Yahoo
23-05-2025
- Business
- Yahoo
Rosneft acquires Tomtor rare earth deposit in Russia
Russian oil producer Rosneft has acquired the Tomtor rare earth metal deposit in the north of the Yakutia region in Siberia by taking complete control of Vostok Engineering, the project operator, as per the official state registry of Russian companies. The move follows President Vladimir Putin's directive to expedite the Tomtor field's development, reported Reuters. The acquisition, completed on 20 May, is a step towards reducing Russia's reliance on imports, particularly from China. In November last year, Putin criticised the operator for stalling the project and suggested it should either increase investment or seek assistance, including from the state. Tomtor is crucial to Russia's ambition to enhance its production of rare earth metals, which are essential for manufacturing mobile phones, electric cars and various defence industry components. Prior to the conflict in Ukraine, Russia had planned to invest $1.5bn (Rbs119.25bn) in rare earth minerals to become the second-largest producer after China by 2030. The US and other nations are similarly looking to decrease their dependence on China, which currently dominates 95% of the global production and supply of these metals. Russia is estimated to hold the world's fifth-largest reserves of rare earth metals at 3.8 million tonnes (mt), according to the US Geological Survey. The country's strategy for the sector aims to secure up to a 12% share of the global market by 2030, positioning it among the top five producers. Businessman Alexander Nesis, through his IST group of companies, previously held a 75% stake in ThreeArc Mining, the initial operator of Tomtor. Polymetal, a gold and silver producer, formerly owned a 9.1% share in ThreeArc Mining. Following the onset of military actions in Ukraine and subsequent Western sanctions, control passed to Vladislav Resin, a former manager at IST, before Rosneft's acquisition. Last month, Russian state bank VEB announced plans to invest more than Rbs1.1trn into the development of the Baimskaya copper mine in the Chukotka region. "Rosneft acquires Tomtor rare earth deposit in Russia" was originally created and published by Offshore Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
21-05-2025
- Business
- Reuters
India's Russian oil imports hit 10-month high on strong demand for ESPO crude
SINGAPORE/NEW DELHI, May 21 (Reuters) - India's Russian crude oil imports will hit close to 1.8 million barrels per day in May, the highest in 10 months, ship tracking data from Kpler showed, after refiners snapped up more light grades such as ESPO Blend. The robust demand for the lighter Russian grades in the world's third biggest oil importer and consumer is expected to last into July as Indian refiners ordered more than 10 cargoes of June-loading ESPO crude last week, traders said. India's strong demand has led to a rebound in spot premiums for ESPO cargoes delivered to China, the biggest buyer of the crude exported from the Far East port of Kozmino. Crude distillation unit shutdowns at India's major refineries Reliance Industries ( opens new tab and MRPL ( opens new tab have increased import requirements for feedstock at fluid catalytic crackers on favorable margins, said Jay Shah, a senior oil analyst at consultancy Rystad Energy. He added that some of these cargoes were delivered under a long-term deal between Reliance Industries and Rosneft, noting that cargoes arriving at the western Sikka port for the Indian refiner have increased since the beginning of the year. A source at an Indian refiner, who recently bought some volumes of the light sweet crude, said: "ESPO oil is available in good quantities in the market. Traders are charging a premium of about 50 cents to Dubai prices." Another source said ESPO delivered to India is currently trading at a premium of between 50 cents and $1 per barrel to Dubai prices. More ESPO was offered to India as Chinese state-owned companies continue shunning sanctioned crudes and crude quotas are running tight for Chinese independent refiners, analysts said. India's demand has pushed up ESPO prices for China, traders said. Offers for July-loading cargoes stood at around $2 per barrel premiums for delivery to Chinese ports, up from the $1.50-$1.70 a barrel traded for June-loading cargoes, traders said.
Yahoo
21-05-2025
- Business
- Yahoo
Rosneft takes control of Russia's largest rare earth deposit, registry shows
MOSCOW (Reuters) -Russia's largest oil producer Rosneft acquired Tomtor, country's largest rare earth metal deposit, a companies registry showed on Wednesday, after President Vladimir Putin last year urged that the development of the field be speeded up. Tomtor, located in the north of the Siberian region of Yakutia, is a key project in Russia's plans to boost output of the metals that are used in the defence industry and in making mobile phones and electric cars, to reduce reliance on imports from China. According to an official state registry of Russian companies, Rosneft secured complete control over the project's operator, Vostok Engineering, on May 20. Rosneft did not immediately reply to a request to comment. In November Putin accused the operator of Tomtor of delaying the deposit's development, suggesting it should either raise investment or seek help from third parties, including the state. Before the Ukraine conflict, Russia planned to invest $1.5 billion in rare earth minerals, striving to become the biggest producer after China by 2030. Other countries, including the United States, are also trying to curb their reliance on China, which controls 95% of the global production and supply of rare earth metals. Businessman Alexander Nesis, a former shareholder in Polymetal, a major producer of gold and silver, used to own a 75% stake in a firm called ThreeArc Mining, the operator of the project, through his IST group of companies. Polymetal used to own a 9.1% stake in ThreeArc Mining. Following the ownership change after the start of Russian military action in Ukraine, and subsequent Western sanctions on Russian businesses, the operator of the project ended up under control by IST's former manager Vladislav Resin, before Rosneft gained it. Sign in to access your portfolio
