Why Zelensky reportedly asked Biden to hold off on sanctioning a Russian oligarch
A new report from The Wall Street Journal alleges Ukrainian President Volodymyr Zelensky requested President Biden hold off on levying sanctions on Russian oligarch Roman Abramovich in case he proves an important "go-between" in peace negotiations between Kyiv and Moscow.
Apparently, the U.S. Treasury Department had, earlier this month, drafted a set of sanctions to punish Abramovich, also the owner of the U.K.'s Chelsea Football Club. But when it was time to announce the measures, "which had been designed to go out in tandem with sanctions from the U.K. and European Union," the Treasury was asked to refrain for now, the Journal writes.
As for why, well, apparently during a consultation between the two world leaders, Zelensky himself asked Biden to wait, in the event Abramovich is able to help Ukraine's cause.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
The White House and Zelensky's office declined to comment.
"For the negotiations, and in the interest of them succeeding, it is not helpful commenting on the process nor on Mr. Abramovich's involvement," added a spokesperson for the oligarch, adding that "he has been doing all he can to support efforts aimed at restoring peace as soon as possible."
Multiple U.K. and European officials said they were unaware of such a request from Zelensky, with several Ukrainian and Western government officials "skeptical about how deeply Mr. Abramovich is involved in the peace talks," the Journal writes.
The delay is certainly "an unexpected twist" in the U.S. sanctions strategy.
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
In the past, Abramovich has often denied having any sort of close relationship with Russian President Vladimir Putin. Read more at The Wall Street Journal.
Brigid Kennedy worked at The Week from 2021 to 2023 as a staff writer, junior editor and then story editor, with an interest in U.S. politics, the economy and the music industry.
-
Why is Trump threatening defense firms?Talking Points CEO pay and stock buybacks will be restricted
-
How Utah became a media focal pointIn Depth From #MomTok to reality TV gems, Utah has emerged as a media powerhouse
-
‘The security implications are harder still to dismiss’Instant Opinion Opinion, comment and editorials of the day
-
Iran cuts internet as protests escalateSpeed Reada Government buildings across the country have been set on fire
-
US nabs ‘shadow’ tanker claimed by RussiaSpeed Read The ship was one of two vessels seized by the US military
-
Trump’s Greenland threats overshadow Ukraine talksSpeed Read The Danish prime minister said Trump’s threats should be taken seriously
-
Maduro pleads not guilty in first US court hearingSpeed Read Deposed Venezuelan leader Nicolás Maduro and his wife Cilia Flores pleaded not guilty to cocaine trafficking and narco-terrorism conspiracy
-
Iran’s government rocked by protestsSpeed Read The death toll from protests sparked by the collapse of Iran’s currency has reached at least 19
-
What will happen in 2026? Predictions and eventsIn Depth The new year could bring peace in Ukraine or war in Venezuela, as Donald Trump prepares to host a highly politicised World Cup and Nasa returns to the Moon
-
All roads to Ukraine-Russia peace run through the DonbasIN THE SPOTLIGHT Volodymyr Zelenskyy is floating a major concession on one of the thorniest issues in the complex negotiations between Ukraine and Russia
-
Israel approves new West Bank settlementsSpeed Read The ‘Israeli onslaught has all but vanquished a free Palestinian existence in the West Bank’
