--- title: "The White House says a Trump-Putin meeting is not entirely impossible, Putin: New U.S. sanctions will not have a significant impact on the Russian economy" description: "Putin stated that the new U.S. sanctions will not have a significant impact on the Russian economy, and buyers will need time to find alternatives to Russian oil, while the reduction in Russian oil su" type: "news" locale: "en" url: "https://longbridge.com/en/news/262493238.md" published_at: "2025-10-23T20:17:58.000Z" --- # The White House says a Trump-Putin meeting is not entirely impossible, Putin: New U.S. sanctions will not have a significant impact on the Russian economy > Putin stated that the new U.S. sanctions will not have a significant impact on the Russian economy, and buyers will need time to find alternatives to Russian oil, while the reduction in Russian oil supply will lead to an increase in oil prices. The White House said that a meeting between Trump and Putin is not entirely impossible. Zelensky stated that any form of territorial exchange with Russia is "unacceptable." On Thursday, during U.S. stock trading, both Brent and WTI crude oil rose by over 5% Russian President Vladimir Putin recently stated that U.S. President Donald Trump has decided to postpone their planned meeting in Budapest. U.S. sanctions are damaging U.S.-Russia relations but will not affect the Russian economy. According to TASS, Putin mentioned that buyers need time to find alternatives to Russian oil. A reduction in Russian oil supply will lead to an increase in oil prices. Russia may increase oil shipments from Kazakhstan to Germany. On Thursday, during U.S. stock trading, WTI crude oil futures rose over 5.7%, returning to around $61.90; Brent crude oil futures expanded their gains to 5.20%, returning above $65.80. ## Putin: New U.S. sanctions will not have a significant impact on the Russian economy According to CCTV News, on October 23 local time, Russian President Putin stated in a media interview that the new U.S. sanctions against Russia are aimed at pressuring Russia but will not have a significant impact on the Russian economy. Putin said that the new U.S. sanctions are clearly unfriendly actions that do not help strengthen the recently restored U.S.-Russia relations. He emphasized that Russia always supports continued dialogue. He also believes that if Russia and the U.S. can engage in serious discussions about the long-term future, including the economic field, there will be room for cooperation in many areas. Regarding President Trump's latest remarks about the U.S.-Russia leaders' meeting, Putin said that during his call with Trump on the 16th, it was Trump himself who proposed holding the meeting, and the location of Budapest was also suggested by Trump. Putin stated that it would be a mistake to treat this meeting hastily without adequate preparation, resulting in the meeting not achieving the expected outcomes. Putin noted that given the current situation, the U.S. president's decision to cancel or postpone the meeting, more accurately, Trump's indication of postponing the meeting, is understandable. Putin reiterated that dialogue is always preferable to any form of confrontation, far better than war. Therefore, the Russian side has always advocated for dialogue, and this position has not changed to this day. In response to Ukrainian President Zelensky's statement about Ukraine possibly obtaining weapons with a range of 3,000 kilometers, Putin remarked that this is an attempt to escalate the situation. If such weapons are used to strike Russian territory, the response from Russia will be very severe, and "they" should think carefully about this. On the 22nd, the U.S. Treasury announced sanctions against Russia's two largest oil companies, Rosneft and Lukoil, and their subsidiaries. On the same day, Trump confirmed that he had canceled the planned meeting between the U.S. and Russian leaders, stating that the meeting would not yield results at this time. He will meet with Putin "at some point in the future." ## White House: A Meeting Between Trump and Putin Is Not Completely Impossible According to CCTV News, on the 23rd local time, the White House stated that U.S. President Trump believes that Russia is not doing enough for peace, and Trump is increasingly disappointed, hoping to see actions rather than empty talk to end the conflict. The White House also stated that a meeting with Russian President Putin is not completely impossible. White House Press Secretary Levitt said at a press conference, "I think the President and the entire government hope to hold a meeting again one day, but we want to ensure that this meeting can achieve tangible positive results." On the 22nd, Trump confirmed that he has canceled plans for a recent meeting with the Russian leader, citing that the meeting would not yield results at this time. He will meet with Putin "at some point in the future." ## Zelensky: Any Form of Territorial Exchange with Russia Is "Unacceptable" According to CCTV News, Ukrainian President Zelensky stated at a press conference in Brussels on October 23rd local time that any form of territorial exchange with Russia is "unacceptable," and the peace plan should start with a ceasefire, followed by negotiations. He emphasized that greater pressure should continue to be applied to Russia before they will sit down for talks. Zelensky also stated that Russia's frozen assets should be used to purchase weapons from Europe and the United States, and Ukraine should be able to use these funds to develop its own weapons production. Zelensky clarified that Ukraine has not used U.S.-provided long-range weapons to strike targets within Russia and revealed that Ukraine's independently developed long-range strike capability has a range of up to 3,000 kilometers. On the 23rd local time, President Zelensky answered brief questions from reporters before the European Council summit. 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