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Reading: Throughout Alaska meet, Russian President Vladimir Putin’s delegation needed to pay $250,000 in money–Right here’s what occurred
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StockWaves > Business > Throughout Alaska meet, Russian President Vladimir Putin’s delegation needed to pay $250,000 in money–Right here’s what occurred
Business

Throughout Alaska meet, Russian President Vladimir Putin’s delegation needed to pay $250,000 in money–Right here’s what occurred

StockWaves By StockWaves Last updated: August 23, 2025 3 Min Read
Throughout Alaska meet, Russian President Vladimir Putin’s delegation needed to pay 0,000 in money–Right here’s what occurred
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Sanctions nonetheless chew, however battle route unchangedAlaska summit ends with out deal

Russian President Vladimir Putin needed to pay practically $250,000 (about Rs 2.2 crore) in money to refuel three jets whereas coming back from the USA, Secretary of State Marco Rubio mentioned.

When Putin arrived in Alaska on August 15 for a high-stakes assembly with US President Donald Trump, he was greeted with a crimson carpet welcome. Nonetheless, his delegation needed to pay for jet refuelling in money, a direct consequence of US sanctions, Rubio famous.

Sanctions nonetheless chew, however battle route unchanged

“When the Russians landed in Alaska, they have been there to refuel. They needed to supply to pay in money to refuel their aeroplanes as a result of they can not use our banking system,” Rubio instructed a overseas information channel.

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“Each single sanction that was in place on the day he took over stays and the affect of all these sanctions stays,” Rubio mentioned. “They face penalties each single day, however the backside line is that it has not altered the route of this battle. That does not imply these sanctions have been inappropriate; it means it hasn’t altered the result of it.”

Additionally Learn: Russia doesn’t need a take care of Ukraine? US President Donald Trump thinks Russian President Vladimir Putin is…

Alaska summit ends with out deal

Putin’s workforce remained in Alaska for about 5 hours, leaving shortly after a joint press convention. Whereas Trump confirmed that “no deal” was reached, reviews counsel a proposal from Russia was nonetheless on the desk, with some indications that Trump was encouraging Ukraine to think about it.

The Alaska summit concluded with out a concrete settlement to finish the battle in Ukraine. The practically three-hour assembly produced common remarks about progress on unspecified subjects however did not ship measures towards a ceasefire, a objective Trump spoke about earlier than the summit.

Additionally Learn:Trump-Putin Alaska summit ends with out Ukraine deal regardless of ‘productive’ talks | Key takeaways

Requested why the US would not impose extra sanctions to drive Russia right into a ceasefire, Rubio mentioned he did not consider new sanctions would compel Putin to agree.

He defined that Russia was already below extreme sanctions, which might act as penalties for refusing a ceasefire, however there isn’t any proof that extra measures would have an instantaneous impact, as “as a result of sanctions take months and typically years to chew.”

On Monday, Trump met with Ukrainian President Volodymyr Zelenskyy and a number of other European leaders to debate long-term safety assurances for Kyiv. Zelenskyy mentioned he was “prepared” for direct talks with Putin however firmly rejected any proposals involving the give up of Ukrainian territory.

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