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Ukraine anger as EU lifts sanctions on Russian oligarchs Usmanov, Fridman

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Latest News: Todays Latest News Headlines from India & World | Hindustan Times | Hindustan Times

September 24, 2026
Ukraine anger as EU lifts sanctions on Russian oligarchs Usmanov, Fridman

The EU has removed Russian oligarchs Alisher Usmanov and Mikhail Fridman from its sanctions list following a diplomatic compromise with Latvia. This decision has sparked sharp condemnation from Ukraine, which views the move as a dangerous sign of European division and impunity for Moscow.

The EU's Controversial Sanctions Shift

In a significant development for European foreign policy, the European Union has moved to exclude prominent Russian billionaires Alisher Usmanov and Mikhail Fridman from its latest round of renewed sanctions. This decision, which effectively lifts previous asset freezes and visa bans, has ignited a firestorm of criticism from Kyiv, marking a tense moment in the ongoing geopolitical struggle between the EU and the Kremlin.

The Diplomatic Compromise

The removal of these individuals from the sanctions list was not an isolated administrative act but the result of a high-stakes diplomatic deadlock. EU member states were racing against a strict Tuesday deadline to renew restrictive measures against roughly 3,000 individuals and entities, including President Vladimir Putin. The breakthrough occurred when Latvia, which had previously maintained a firm veto to prevent the exemptions, ultimately yielded to pressure from French diplomats. This concession highlights the internal friction within the EU regarding how to balance diplomatic leverage with the desire to maintain a unified front against Russian economic interests.

Ukraine’s Sharp Rebuke

Ukraine’s response to the development has been immediate and fierce. Foreign Minister Andriy Sybiga publicly labeled the EU’s decision as "shameful and unjustifiable," reflecting the profound frustration felt in Kyiv. For Ukraine, the sanctions are not merely bureaucratic tools but essential instruments of pressure intended to cripple the economic foundations that support the Russian state's military apparatus. By removing specific oligarchs from these lists, Ukraine fears the EU is signaling a lack of resolve.

Implications for European Unity

The broader implications of this decision point toward a concerning trend of fragmentation within the European bloc. Minister Sybiga’s assessment that "Moscow is celebrating" suggests that the Kremlin views this development as a victory in its long-term strategy to sow discord among Western allies. By securing the removal of key figures, Russia may perceive that it has successfully identified cracks in the EU’s collective stance, potentially emboldening future attempts to leverage national interests to undermine broader sanctions regimes.

Assessing the Strategic Cost

While the EU maintains that the vast majority of its sanctions remain intact, the removal of Usmanov and Fridman represents a strategic retreat in the eyes of their critics. The "sense of impunity" mentioned by Ukrainian officials underscores the psychological dimension of this conflict; when high-profile oligarchs are granted relief, it undermines the narrative that there is a heavy, inescapable price to be paid for supporting or enabling the Russian state. As the EU navigates future renewals, it will likely face increased pressure to demonstrate that these exemptions were an isolated anomaly rather than a shift in policy.

Future Outlook

Moving forward, the EU will have to work overtime to repair the optics of this decision and reassure its partners in Kyiv. The challenge will be to maintain the integrity of the 3,000-strong sanctions list while managing the diverse economic and political pressures from its own member states. Whether this decision leads to a lasting division or serves as a singular, pragmatic compromise remains to be seen, but it has undeniably set a precedent that will complicate future negotiations regarding the isolation of the Russian elite.