Global Hotspots: U.S. and EU Sanction Russia Amid Diplomatic Setbacks

New Lines Institute for Strategy and Policy

This week, the U.S. imposed sanctions against two Russian oil companies following the cancellation of a meeting between U.S. President Donald Trump and Russian President Vladimir Putin, while the EU passed sanctions against Russian energy infrastructure and vessels. In the Indo-Pacific, the U.S. and Australia signed a new critical minerals deal ahead of an upcoming meeting between Trump and Chinese President Xi Jinping, while the Chinese Communist Party approved a draft of its new five-year plan. In the Middle East, U.S. officials traveled to Israel in an attempt to bolster Gaza ceasefire efforts amid reports of clashes between the Israel Defense Forces (IDF) and Palestinians. Read the full Weekly Forecast Monitor here: https://newlinesinstitute.org/forecast/week-20251024/ Marxist Arrow by Twin Musicom is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/