U.S. Department of the Treasury
The United States Department of the Treasury is the federal executive department responsible for the country's fiscal and tax policy, managing the public debt, and issuing currency. It is headed by the Secretary of the Treasury, a member of the President's Cabinet. The department is headquartered in Washington, D.C.
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Pavel says US-Russian diesel deal relieved pressure on Moscow and may have cost a ceasefire
Czech President Petr Pavel said a US agreement allowing Russia to supply diesel fuel to the United States weakened sanctions pressure and deprived Moscow of a ceasefire that had been close. He called the deal a mistake that could let Russia bypass Europe and Ukraine, while urging greater European involvement in peace negotiations.
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KIIS poll: trust in Zelensky jumped after US–Russia diesel deal
A Kyiv International Institute of Sociology poll found that 54% of Ukrainians trust President Volodymyr Zelensky after a US–Russia agreement easing sanctions on Russian diesel fuel. KIIS attributed the rise in part to a rally-around-the-flag effect following US pressure on Ukraine, but said it is unknown how long that effect could last.
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Trump administration weighs easing sanctions on Russian 'shadow fleet' tankers to cut freight rates
The Trump administration is considering easing US sanctions on vessels of the so-called Russian "shadow fleet" so they can carry non-sanctioned oil and petroleum products, aiming to lower record-high global tanker freight rates and boost Persian Gulf exports. US Energy Secretary Chris Wright raised the issue in a video address to the World Petroleum Congress in Riyadh this week. The move comes days after Trump temporarily lifted sanctions on Russian diesel, a step that drew sharp criticism from Ukrainian President Volodymyr Zelensky, European countries, and some Republican senators.
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Trump announces Russia diesel deal after Putin call; Ukraine and European leaders condemn move
On 9 October 2026, US President Donald Trump announced he had spoken by phone with Russian President Vladimir Putin and agreed to lift US sanctions on Russian diesel, allowing large-scale exports to American and global markets. The US Treasury's Office of Foreign Assets Control issued General License No. 135 authorising the imports until 7 April 2027. Ukrainian President Volodymyr Zelensky sharply criticised the decision, calling it a "weak" and "unfair and dishonest" birthday gift to Putin that gives Russia additional billions for the war, while EU foreign policy chief Kaja Kallas, the UK, Germany, France, Finland, Sweden, Estonia, and US Democrats all condemned or distanced themselves from the deal. Talks between Ukrainian, US and European delegations in Miami ended early after the announcement, and a senior Ukrainian official told the Financial Times that long-range drone strikes on Russian refineries would continue.
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Miami talks on Ukraine end after one day as Trump announces Russian diesel deal with Putin
On 9 October, US, Ukrainian, European and NATO representatives met in Miami to discuss ways to end Russia's war before winter, but the planned two-day meeting ended after a single day. The Ukrainian delegation cut short its visit and headed home after President Trump announced a phone-call deal with Vladimir Putin to supply Russian diesel fuel to US and world markets, prompting sharp criticism from Kyiv.
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U.S. Treasury sanctions Russia's A7 network, designates it a transnational criminal organization
The U.S. Treasury imposed new sanctions on the A7 financial network on October 1, 2026, designating it a transnational criminal organization used by Russia and Iran to evade sanctions. The measures, announced under Operation Economic Outcast, freeze A7 assets under U.S. jurisdiction and target the companies-посередники that move funds on its behalf.
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US envoys visit Kyiv for first time, signal return to trilateral talks but report no breakthrough
US special envoys Steve Witkoff and Jared Kushner travelled to Kyiv on 6 September 2026 for their first visit to Ukraine since Donald Trump's second presidential term began, after meeting Vladimir Putin in Moscow on 5 September. They held three rounds of talks with President Volodymyr Zelensky, joined in the second round by national security advisers from France, Germany and the United Kingdom, and announced a planned return to the US–Ukraine–Russia trilateral format and US support for a 'winter package' of assistance for Ukraine. Zelensky reported receiving a message that 'the Russians are ready to negotiate' but remained sceptical, while the Kremlin, Bloomberg sources and the Institute for the Study of War said the Moscow talks produced no substantive concessions.