Trump Envoy Vows Tougher Russia Oil Sanctions
By ZeroHedge - Jul 31, 2025, 9:00 AM CDT
- Keith Kellogg, Trump's special envoy, states that current oil sanctions on Russia have not been fully applied and will "bite" if properly enforced, including a proposed 100% tariff on Russian oil.
- Russia, a "petrostate" exporting around 7 million barrels of oil daily primarily to India and China, uses this revenue to finance the war in Ukraine and fund soldier bonuses.
- The Kremlin has dismissed new threats and Trump's revised timeline for negotiations, stating that the "special military operation continues" and that Russia remains committed to a peace process while safeguarding national interests.