European leaders are currently deliberating a proposal concerning the utilization of frozen Russian assets to provide financial support for Ukraine. Ukrainian President Volodymyr Zelenskyy has urged the European Union to swiftly approve this plan, characterizing such a measure as "fully legal and fair."
Concurrently, the United States has announced new sanctions targeting Russia's two largest oil companies. This action is presented as potentially signaling a significant adjustment in Donald Trump's approach to resolving the conflict in Ukraine.
International reactions to these US sanctions have emerged. China has publicly expressed its opposition, stating the sanctions lack "basis in international law." Similarly, Russia's foreign ministry has described the US energy sanctions as "extremely counterproductive" to the pursuit of peace in Ukraine.
Source: https://www.theguardian.com/world/live/2025/oct/23/russia-sanctions-ukraine-loan-assets-zelenskyy-putin-european-council-latest-news-updates