Skip to content

Abramovich at Risk of U.S. Sanctions as Peace Talks Sputter Out

  • Russian tycoon asked for protection from sanctions to mediate
  • Negotiations have stalled despite his shuttle diplomacy
Bloomberg business news
Can Sanctions Really Stop Putin's War?

Senior U.S. officials are renewing a push for sanctions against billionaire Roman Abramovich after the Russian tycoon’s recent trip to Kyiv to revive peace talks failed to achieve a breakthrough. 

Abramovich didn’t meet with Ukrainian President Volodymyr Zelenskiy on that trip, speaking instead to his chief of staff, Andriy Yermak, according to three people familiar with the discussions who asked not to be identified because the talks were private. Zelenskiy is increasingly pessimistic about negotiations to end the war after seeing evidence of Russian atrocities in towns such as Bucha and Mariupol, two of the people said.