The Monocle Daily Are Trump’s sanctions on Russia’s oil companies enough to send a message?
Oct 23, 2025
Join journalist Isabel Hilton, founder of China Dialogue, and Evdoxia Lempieri, UK correspondent for ERT, as they delve into the ramifications of Trump's sanctions on Russia's oil giants, Lukoil and Rosneft. They debate whether these measures will genuinely pressure Russia and explore secondary sanctions' ripple effects. The discussion shifts to China's charm offensive in Taiwan, probing cultural ties and its soft-power strategies. Lastly, they tackle Greece's proposed protest ban at monumental sites, weighing constitutional concerns against symbolism.
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Secondary Sanctions Shift Global Oil Dynamics
- Secondary sanctions pressure can reshape Russia's oil markets beyond US direct trade ties.
- China's and India's reactions show sanctions' ripple effects can cut Russia off from major buyers.
Inconsistent US Policy Undermines Allies
- Trump's policy inconsistency makes allies uncertain about long-term support for Ukraine.
- Mixed messaging risks weakening coordinated responses and creates volatility in global markets.
Toughness May Mask A Quick Deal Motive
- Trump may be testing tougher measures to avoid looking 'played' by Putin while seeking a quick settlement.
- Such an approach risks forcing Ukraine into an unfavourable deal rather than securing a durable peace.