Treasury Secretary Scott Bessent said the U.S. ‘is prepared to take further action if necessary’ and called on Moscow to immediately agree to a cease-fire.
Treasury Secretary Scott Bessent delivers remarks on "Game Plan for U.S. Investment" on the sidelines of the International Monetary Fund/World Bank annual meetings at CNBC Invest in America Forum, in Washington on Oct. 15, 2025. Brendan Smialowski/AFP
WASHINGTON—The United States announced on Oct. 22 new sanctions on Russia, targeting the country’s two largest oil companies, Rosneft and Lukoil, in an effort to limit the Kremlin’s ability to fund its war machine.
“I just felt it was time,” President Donald Trump told reporters in the Oval Office as he hosted NATO Secretary-General Mark Rutte. “We’ve waited a long time.
Emel Akan
Reporter
Emel Akan is a senior White House correspondent for The Epoch Times, where she covers the policies of the Trump administration. Previously, she reported on the Biden administration and the first term of President Trump. Before her journalism career, she worked in investment banking at JPMorgan. She holds an MBA from Georgetown University.
