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War in Ukraine could end within months if Europe targets Russian oil buyers, US treasury chief says

Russian-oil

US Treasury Secretary Scott Bessent has linked the potential end of Russia’s war in Ukraine to European action against countries purchasing Russian oil.

Russia’s oil revenues remain central to financing its military operations, with energy sector profits accounting for approximately 77.7% of the country’s federal budget in 2025. Moscow has maintained these crucial revenue streams through an expanding “shadow fleet” of grey-market tankers that evade international sanctions by operating with disabled transponders, inadequate insurance, and concealed identities. These vessels primarily transport Russian crude to China, India, and Global South countries, with about 70% of the fleet passing through the Baltic Sea.

Speaking in a joint interview with Reuters and Bloomberg on 15 September, Bessent said the conflict could conclude within 60 to 90 days if European nations imposed substantial secondary tariffs on Russian oil buyers because it would eliminate Moscow’s primary revenue source.

Bessent also stated that the Trump administration will not impose additional tariffs on Chinese goods to halt China’s Russian oil purchases unless European countries implement steep duties on China and India.

“We expect the Europeans to do their share now, and we are not moving forward without the Europeans,” he said.

US Treasury Secretary Scott Bessent. Photo: @cnbc

Bessent’s comments follow President Donald Trump’s decision to impose an additional 25% tariff on Indian imports.

During talks with Chinese officials in Madrid focusing on trade and TikTok, Bessent said he informed them that the US had already imposed tariffs on Indian goods and that Trump has been urging European countries to impose tariffs of 50% to 100% on China and India. 

The treasury secretary criticized European countries for continuing to purchase Russian oil directly or buying petroleum products refined in India from discounted Russian crude. 

The treasury chief outlined next steps: stronger sanctions on Russian oil giants Rosneft and Lukoil, plus expanded use of the $300 billion in frozen Russian sovereign assets. Small seizures could start immediately, or the funds could serve as collateral for Ukrainian loans.

Meanwhile, Ukraine took matters into its own hands. Drone strikes in August eliminated four major Russian refineries, wiping out one-seventh of the country’s refining capacity. Gasoline prices surged 40-50% since January. Ukrainian forces also severed the Druzba pipeline, Russia’s main oil export route to Europe, cutting supplies to Hungary and Slovakia.

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A Russian drone caught filming its own camera test in a Chinese factory before being shot down in Ukraine

russian drone caught filming its own camera test chinese factory before being shot down ukraine viewpro a40 shenzhen china “about communications serhii flesha” telegram channel footage inside drone’s traced facility

A Russian Gerbera drone shot down over Ukraine was found to contain footage showing a camera test at a Chinese factory. Militarnyi reports that the footage was stored inside the onboard Viewpro A40 camera.

Russia’s Gerbera is a low-cost decoy drone used daily in attacks on Ukrainian cities, often alongside Iranian-designed Shahed UAVs that carry 90 kg of explosives. The decoys are launched in large numbers to saturate Ukrainian air defenses. Recently, Russia began upgrading Gerbera drones to carry cameras and explosive payloads.

Chinese factory video found in shot-down Russian drone

Ukrainian defense forces recovered a Gerbera drone equipped with an A40 camera from the Chinese company Viewpro. According to Militarnyi, the footage discovered inside the drone showed a test of this camera conducted at Viewpro’s production site in Shenzhen.

The “About Communications by Serhii Flash” Telegram channel published the footage and stated that it showed the camera being tested at the Chinese factory. 

The Viewpro facility is located in the Aotexing Science Park in Shenzhen’s Nanshan District.

Cyber Boroshno geolocated the footage using coordinates 22.554448, 113.944050 and confirmed that it was filmed at that exact location. The community stated that although the address from the manufacturer’s website does not appear correctly on Google Maps, translating it into Chinese and checking it through Baidu confirmed the location with complete certainty.

Chinese components repeatedly found in Russian drones

Militarnyi notes that Russia continues to receive large volumes of components and finished products from China for use in military systems, including drones.

In March 2025, Militarnyi reported that a new 16-element CRPA antenna had been discovered inside a Shahed kamikaze drone. That antenna was designed to overcome Ukrainian electronic warfare systems.

Russia has also placed significant orders for drone battery systems and continues to cooperate with China in other areas related to unmanned weapons.

In July 2024, the New York Times reported that Russia was importing sanctioned equipment through Hong Kong for use in drone production and other weapons systems.




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