Office of Foreign Assets Control
The Office of Foreign Assets Control (OFAC) is a division of the United States Department of the Treasury that administers and enforces economic and trade sanctions against foreign states, organizations, and individuals. It is responsible for blocking the assets and prohibiting financial transactions with designated persons on its sanctions lists. OFAC also administers export control under the arms export laws and carries out anti-money laundering policies.
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Russia resumes diesel exports to Turkey and Brazil after US-licensed lifting of ban
Russia has restarted diesel fuel exports to Turkey and Brazil after lifting its export ban, a move enabled by a temporary US Treasury license issued in the wake of a phone call between US President Donald Trump and Russian leader Vladimir Putin. Two tankers have already sailed from the Russian Baltic port of Primorsk to Turkey and Brazil, and Russia says it is ready to scale up deliveries. President Volodymyr Zelensky publicly criticized the US decision as weakness that will encourage Russia to continue the war.
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Trump suspends Russia sanctions under "Graham Law" days before they were to take effect
President Donald Trump on October 16, 2026 signed an executive order suspending the application of sanctions, restrictions, and tariffs against Russia that had been due to take effect on October 18 under the Lindsey O. Graham Sanctioning Russia and Iran Act. Using a waiver provision in the law, Trump certified to Congress that the suspension serves the national interests of the United States. The order keeps the new measures formally on the books but does not apply them for now, while previously imposed US sanctions against Russia remain in force. Critics including the law's co-author Senator Richard Blumenthal and Ukrainian President Volodymyr Zelensky condemned the move; Russia's Kirill Dmitriev welcomed it as a "truly historic moment."
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U.S. extends Lukoil sanctions exemptions for foreign gas stations until April 2027
The U.S. Department of the Treasury extended general licenses allowing certain activities with sanctioned Russian oil company Lukoil until April 24, 2027. The licenses permit Lukoil-branded gas stations outside Russia and named Bulgarian Lukoil entities to continue operating while the underlying sanctions remain in force. The decision came about a week after President Donald Trump announced a deal for Russian diesel supplies to U.S. and global markets, drawing bipartisan U.S. criticism and sharp pushback from EU foreign ministers.
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Zelensky says Ukraine will resume strikes on Russian oil refineries after US-requested pause
President Volodymyr Zelensky said in an interview with the Financial Times that Ukraine is lifting its moratorium on strikes against Russian oil refineries. He said Ukraine had paused strikes on Russian energy infrastructure for three days at the request of the United States, but that during the pause Russia continued attacking Ukrainian energy, the United States did not provide advance warning of Russian ballistic strikes on Kyiv, and SpaceX restricted Starshield terminals to a 160 km/h speed threshold. Zelensky said he could agree to stop again only in exchange for additional Patriot interceptors.
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Zelensky offers to halt strikes on Russian oil refineries if Russia stops hitting Ukrainian energy
On 11 October, President Volodymyr Zelensky said Ukraine is ready to stop strikes on Russian oil refineries and other energy infrastructure if Russia reciprocally halts strikes on Ukrainian energy. The offer came the same day U.S. President Donald Trump announced that Ukraine and Russia had agreed to an immediate 'energy ceasefire.' Zelensky said the U.S. announcement was news to him and that the Armed Forces of Ukraine had received the relevant orders. The same day, Russia struck the TEC-5 thermal power plant in Kharkiv, continuing a week in which Zelensky said Russian forces launched roughly 1,450 aerial bombs, 75 missiles and more than 1,640 strike drones at Ukraine.
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Trump administration threatens to halt PURL weapons and intelligence sharing over Ukrainian strikes on Russian energy
The Trump administration is pressuring Kyiv to stop long-range strikes on Russian energy infrastructure by threatening to suspend the PURL weapons-procurement mechanism and US intelligence sharing with Ukraine, according to European officials cited by the Financial Times. On Sunday, Trump separately announced on Truth Social an immediate "energy ceasefire" between Ukraine and Russia, an announcement Kyiv said it had not been consulted on and that was not honored by Russia the same day.
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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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Trump tells Ukraine to elect a new president, a day after announcing US-Russia diesel deal
On October 10, US President Donald Trump said Ukraine needs a new president who can make a deal to end the war with Russia, accusing Volodymyr Zelensky of choosing not to end the conflict despite repeated opportunities. The remarks came a day after Trump announced a deal struck during a phone call with Vladimir Putin under which Russia will supply large volumes of diesel fuel to US and world markets, with the US issuing a Treasury license suspending the relevant sanctions until April 7, 2027. Zelensky condemned the diesel deal as weakness and a "gift to Putin for his birthday," and said the Ukrainian negotiating team meeting in Miami had been used as a "screen." Ukrainian Foreign Minister Andriy Sybiha said Zelensky has the support of the Ukrainian people and that only Ukrainians can decide who leads them.
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US-Russia Ukraine talks expand to include multibillion-dollar Lukoil asset deal
US-Russia negotiations on ending the war in Ukraine have expanded to include a multibillion-dollar deal involving international assets of Russian oil company Lukoil. Vladimir Putin raised the issue during a September 5 meeting with US negotiators Steve Witkoff and Jared Kushner at the Kremlin, proposing it as a way to show Russians they can do business with the United States. The deal, covering oil fields, refineries, and gas stations worldwide, requires approval from both the US government and the Kremlin.