Thursday, 13 November, 2025
London, UK
Thursday, November 13, 2025 2:01 PM
scattered clouds 17.3°C
Condition: Scattered clouds
Humidity: 72%
Wind Speed: 11.1 km/h

Rubio: We’re running out of things to sanction in Russia

American top diplomat Marco Rubio said late Wednesday that the U.S. is running out of options to sanction Russia after hammering the Kremlin’s biggest oil giants last month.

“Well, there’s not a lot left to sanction from our part, I mean, we hit their major oil companies, which is what everybody’s been asking for,” Rubio said before a meeting of G7 foreign ministers.

Last month, the U.S. slapped sanctions on Rosneft and Lukoil and their subsidiaries, in a bid to reduce Russia’s oil revenues — its main financing source for the war on Ukraine — and push Moscow to the negotiating table in a bid to end the Kremlin’s aggression.

Sanctions come into full force on Nov. 21, but several countries are already thinking about asking for exemptions. Hungary already got a one-year extension from the U.S.

“Sanctions have to be enforced, so you know we don’t put sanctions and then not enforce them. We’re interested in enforcing them as well,” Rubio added.

The sanctions’ success ultimately depends on the enforcement progress. One of the enforcement mechanisms is sanctioning the Russian shadow fleet — hundreds of oil tankers illegally transporting sanctioned Russian oil around the world.

“Shadow fleet has come up because I do think there are things that the Europeans can do on shadow fleet since a lot of these are happening in areas much closer to them,” Rubio said.

The EU has leveled 19 packages of sanctions against Russia, hitting Russia’s LNG, banks, crypto trading, further clamping down on the shadow fleet that clandestinely moves sanctioned goods, and more, aiming to reduce the Russian war economy.

The Ukrainian government said it knows there’s more to sanction and is ready to work with partners to show them.

“Regarding Rubio’s statement about exhausting sanctions options … there are absolutely more objective options out there. More oil majors, banks, and  fleet/infrastructure. And components and defense. And payments. And the Arctic,” said Vladyslav Vlasiuk, Ukrainian President Volodymyr Zelenskyy’s sanctions envoy.

“We continue to work with American partners, and with the G7, and with others. There will be more sanctions,” Vlasiuk added.

LP Staff Writers

Writers at Lord’s Press come from a range of professional backgrounds, including history, diplomacy, heraldry, and public administration. Many publish anonymously or under initials—a practice that reflects the publication’s long-standing emphasis on discretion and editorial objectivity. While they bring expertise in European nobility, protocol, and archival research, their role is not to opine, but to document. Their focus remains on accuracy, historical integrity, and the preservation of events and individuals whose significance might otherwise go unrecorded.

Categories

Follow

    Newsletter

    Subscribe to receive your complimentary login credentials and unlock full access to all features and stories from Lord’s Press.

    As a journal of record, Lord’s Press remains freely accessible—thanks to the enduring support of our distinguished partners and patrons. Subscribing ensures uninterrupted access to our archives, special reports, and exclusive notices.

    LP is free thanks to our Sponsors

    Privacy Overview

    Privacy & Cookie Notice

    This website uses cookies to enhance your browsing experience and to help us understand how our content is accessed and used. Cookies are small text files stored in your browser that allow us to recognise your device upon return, retain your preferences, and gather anonymised usage statistics to improve site performance.

    Under EU General Data Protection Regulation (GDPR), we process this data based on your consent. You will be prompted to accept or customise your cookie preferences when you first visit our site.

    You may adjust or withdraw your consent at any time via the cookie settings link in the website footer. For more information on how we handle your data, please refer to our full Privacy Policy