The Officials: Sanctions before the storm? - Flux News
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The Officials: Sanctions before the storm?

23 October 2025: 09:30 BST

Shall we be worried? The Russia/Ukraine + war is getting worse with more nations being forced to take sides. The scope of Western sanctions keeps on growing and the line seems to be pointing to a wider war. Russian nuclear drills, Tomahawk missiles of mystery origin, wide-reaching sanctions… it feels like things are coming down to the endgame. Lukoil and Rosneft were hit by OFAC last night, as Trump raged about an immediate ceasefire – we wonder which of Trump or Putin would have felt their time was most wasted by a meeting. A dejected Russian source commented “I think all of this is terrible. We are 10 minutes before the Big War ☹”. Even Medvedev said Trump “is now firmly on the warpath against Russia.” We don’t like this road and want to get out of the car before there’s a big smash!

The Officials publish outright values, spreads, cracks and boxes for the main energy commodities traded in the marketplace. The published values are determined independently and on a fair market basis by our team of dedicated professionals.
We invite you to read our reports, which are published twice a day, reflecting closing values at 16:30 Singapore time (SGT) and at 16:30 London time (GMT/BST). For any comments, please reach out to us through the emails provided in the signed documents.

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