U.S. Treasury
The United States Department of the Treasury is the federal executive department responsible for fiscal policy, taxation, public debt issuance, currency production, and financial intelligence. It is headed by the Secretary of the Treasury, a Cabinet-level official appointed by the President. Among its major components are the Internal Revenue Service (IRS) and the Office of Foreign Assets Control (OFAC), which administers economic sanctions. Its headquarters is in Washington, D.C.
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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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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.