Commodities

Trump Canceled Meeting with Putin: Economic Sanctions on the Agenda

Yatirimmasasi.com
23/10/2025 6:51
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Trump's Statement on Putin

President of the United States Donald Trump made important statements regarding the planned but canceled meeting with Vladimir Putin in Budapest. In a press conference, Trump stated, "I canceled the meeting with President Putin because it did not feel right to me."

Hope for the Future

Trump expressed that he did not believe they could reach the targeted point regarding the canceled summit, saying, "That’s why I canceled it, but we will have it in the future," leaving the door open for possible future meetings.

Ukraine Crisis and Sanctions

Expressing his frustration over the disagreement between Russia and Ukraine, Trump indicated that economic sanctions against Moscow would be further intensified. In this context, he emphasized that major Russian oil companies such as Rosneft and Lukoil would be added to the sanctions list. "I felt the time had come; I waited for a long time. These are very heavy sanctions," he stated.

Sanctions on Russian Oil Companies

Trump highlighted the importance of the licensing process, stressing that the implemented sanctions were "very significant." "These are very significant sanctions imposed against their two major oil companies, and we hope they do not last long. We hope for an end to the war," he concluded.

Trump, Putin, meeting, sanctions, Russia, Ukraine, Rosneft, Lukoil
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