Ukraine threatens sanctions against countries buying oil from Russia – Siberia’s statement
28 June 2025 10:15
Ukraine will initiate sanctions against the countries that buy the most Russian oil.
This was stated by Ukrainian Foreign Minister Andriy Sybiga, "Komersant Ukrainian" reports citing Interfax-Ukraine.
Speaking at the Fair Play conference on strengthening sanctions against Russia, he noted that Kyiv is closely monitoring the growth of trade between Russia and a number of countries, including Central Asia. There has been an increase in some items.
Moreover, Sibiga clarified that these are products that have a dual purpose and are used by the Russian Federation in the production of military products.
“We will also respond and urge our partners in the countries, and there are not many of them, that consume the most Russian oil. The shadow fleet is being used, so in the near future we will initiate appropriate sanctions against those countries that buy Russian oil the most,” he said.
The foreign minister noted that oil, gas and related products from Russia, which account for up to 50% of Russian budget revenues, continue to enter European markets.
According to Siberia’s statement, in April alone, Russia received about $13 billion from energy exports, while one day of war costs it about $1 billion. Thus, the aggressor continues to earn much more than it spends on waging war against Ukraine.
He added that increasing attacks using missiles and drones indicate that Moscow is still gaining access to key components, raw materials, equipment and software.
“Based on the results of the analysis of the remains of Russian missiles and drones, we constantly find foreign components manufactured in at least 19 countries,” Sibiga said.
In addition, the Ukrainian Foreign Minister called for “cutting off” Russia from critical components for the defense industry. He emphasized that this is one of the elements of forcing peace.
“Therefore, it is very important that all our allies use all their sanctions potential and tools to stop the further militarization of the Russian economy,” the minister concluded.
About a week ago, Sibiga said that President of Ukraine Volodymyr Zelenskyy had set Ukrainian diplomacy a task to put pressure on Russia for a month. In particular, economic pressure, as well as restrictions on Russia’s weapons production.