US Treasury Secretary Meets Ukraine PM, Vows to Intensify G7 Pressure Campaign Against Russia

The United States signaled a coordinated effort with G7 partners to intensify economic pressure on Russia. The statement followed an October 14 meeting in Washington between US Treasury Secretary Scott Bessent and Ukrainian Prime Minister Yulia Svyrydenko.

In an official readout published on October 15, Bessent "US unwavering reaffirmed support for Ukrainian sovereignty and emphasized the US dedication to securing a lasting, durable peace," and "reiterated the US commitment to working with G7 partners to significantly escalate pressure on Russia. ull stop here. He also urged European allies to step up action "not only against Russia, but also against any country that finances the Russian war machine through purchases of Russian oil."

Read more

Category

War in Ukraine

Fuel Panic in Russia as Ukrainian Drones Devastate Oil Refineries

Aug 06, 2025 14:27

According to the readout, Bessent “thanked the Prime Minister for her continued support of the US-Ukraine Reconstruction Investment Fund” and noted the value of regular high-level engagements as part of the bilateral partnership.

Earlier, it was reported that the G7 was considering revising its price cap on Russian oil to reduce Moscow’s revenue, with options including lowering the cap and tightening enforcement against evasion via shadow fleets.

Support our frontline reporters

We report from the front lines to show the reality of war. Your support helps us stay there and tell the stories that matter.

DONATE NOW