
U.S. President Donald Trump told European leaders on Thursday that Europe must stop buying Russian oil that he said is helping Moscow fund its war against Ukraine, a White House official said, striking a combative tone amid slow diplomatic progress to end the fighting.
Trump joined a call of the "Coalition of the Willing" countries, led by French President Emmanuel Macron, who were meeting in Paris on security guarantees for Kyiv in the event of a peace deal with Russia.
"President Macron and European leaders called President Trump into their ‘Coalition of the Willing' meeting. President Trump emphasized that Europe must stop purchasing Russian oil that is funding the war - as Russia received 1.1 billion euros in fuel sales from the EU in one year," the official said.
The European Commission has proposed legislation to phase out EU imports of Russian oil and gas by January 1, 2028, as Brussels seeks to sever its decades-old energy relations with Russia following its 2022 invasion of Ukraine.
Most European countries stopped importing Russian crude in 2022 and Russian fuel in 2023. It was not immediately clear whether Trump was referring to crude imports by Hungary and Slovakia, which have continued, or imports of fuel made from Russian crude that is refined in third countries, such as India.
Trump also said in the call that "European leaders must place economic pressure on China for funding Russia's war efforts," the official said.
Trump has been frustrated at his inability to bring a halt to the fighting in Ukraine after he initially predicted he would be able to end the war swiftly when he took office last January.
He has withheld new sanctions on Russia and China, a top Russian oil buyer. But he has ramped up tariffs on U.S. imports from India, another top Russian energy consumer. Trump shrugged off talks this week between Chinese President Xi Jinping and Russian counterpart Vladimir Putin, but also said the leaders might be conspiring against the U.S.
The U.S. president also continues to press Europeans to absorb more of the burden for their defense and is reluctant to commit more American support to a war that he wants to end.
The White House official said Ukrainian President Volodymyr Zelenskiy and European Commission President Ursula von der Leyen were among the leaders on the call.
"The 'Coalition of the Willing' meeting was on security guarantees for Ukraine. President Trump questioned their seriousness while they continue to fuel Russia's economy and war. The president made clear that this is not his war, and the Europeans must step up as well," the official said.
Source: Investing.com
US bonds fell after jobless claims fell to their lowest level since 2022, one of the last readings on the health of the US labor market before the Federal Reserve's interest rate decision next week. ...
According to a report from the US Department of Labour (DOL) released on Thursday, the number of US citizens submitting new applications for unemployment insurance went down to 191K for the week endin...
Treasury Secretary Scott Bessent on Wednesday predicted that the administration still will be able to implement its tariff agenda regardless of whether it prevails in a pending case before the Supreme...
Private businesses in the US cut 32K jobs in November 2025, following an upwardly revised 47K gain in October, and compared to forecasts of a 10K rise. Hiring was particularly weak in manufacturing (...
Ekonom terkenal Scott Bessent memprediksi bahwa Amerika Serikat kemungkinan akan mengalami pertumbuhan ekonomi yang kuat namun inflasi tetap rendah pada 2026. Menurut Bessent, faktor seperti harga ene...
US stocks closed higher on Friday (December 5), with the S&P 500 up 0.2%, the Nasdaq up 0.4%, and the Dow Jones Industrial Average up 0.2% as weak PCE data and positive sentiment in Michigan strengthened the likelihood of a 25bps Fed rate cut...
Oil prices edged up nearly 1% to a two-week high on Friday (December 5th) amid growing expectations that the US Federal Reserve will cut interest rates next week, which could boost economic growth and energy demand, as well as geopolitical...
Gold closed around $4,210 an ounce on Friday, near its highest level since late October, paring an earlier rally as a series of US data strengthened the case for an imminent Fed rate cut. Delayed September PCE rose 0.3% month-on-month and 2.8%...
Asia Pacific stock markets opened quietly on Wednesday morning, with investors awaiting the release of key economic data from the United States and...
Private businesses in the US cut 32K jobs in November 2025, following an upwardly revised 47K gain in October, and compared to forecasts of a 10K...
European stocks closed higher on Thursday (December 2nd), supported by a rebound in shares of major banks and automakers. The Eurozone STOXX 50 and...
Asia-Pacific stock markets opened lower on Friday, following the sluggish sentiment on Wall Street. In Australia, the ASX/S&P 200 fell 0.17%. In...