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During Alaska meet, Russian President Vladimir Putin’s delegation had to pay $250,000 in cash–Here’s what happened

by zee business
August 23, 2025
in Business
Reading Time: 2 mins read
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Russian President Vladimir Putin needed to pay practically $250,000 (about Rs 2.2 crore) in money to refuel three jets whereas getting back from the USA, Secretary of State Marco Rubio stated.

When Putin arrived in Alaska on August 15 for a high-stakes assembly with US President Donald Trump, he was greeted with a purple carpet welcome. Nonetheless, his delegation needed to pay for jet refuelling in money, a direct consequence of US sanctions, Rubio famous.

Sanctions nonetheless chunk, however struggle path unchanged

“When the Russians landed in Alaska, they have been there to refuel. They needed to supply to pay in money to refuel their aeroplanes as a result of they can not use our banking system,” Rubio informed a overseas information channel.

“Each single sanction that was in place on the day he took over stays and the affect of all these sanctions stays,” Rubio stated. “They face penalties each single day, however the backside line is that it has not altered the path of this struggle. That does not imply these sanctions have been inappropriate; it means it hasn’t altered the result of it.”

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Additionally Learn: Russia doesn’t need a take care of Ukraine? US President Donald Trump thinks Russian President Vladimir Putin is…

Alaska summit ends with out deal

Putin’s crew remained in Alaska for about 5 hours, leaving shortly after a joint press convention. Whereas Trump confirmed that “no deal” was reached, experiences recommend a proposal from Russia was nonetheless on the desk, with some indications that Trump was encouraging Ukraine to contemplate it.

The Alaska summit concluded with out a concrete settlement to finish the struggle in Ukraine. The practically three-hour assembly produced basic remarks about progress on unspecified subjects however did not ship measures towards a ceasefire, a purpose Trump spoke about earlier than the summit.

Additionally Learn:Trump-Putin Alaska summit ends with out Ukraine deal regardless of ‘productive’ talks | Key takeaways

Requested why the US does not impose extra sanctions to pressure Russia right into a ceasefire, Rubio stated he did not consider new sanctions would compel Putin to agree.

He defined that Russia was already underneath extreme sanctions, which may act as penalties for refusing a ceasefire, however there is no such thing as a proof that extra measures would have a direct impact, as “as a result of sanctions take months and typically years to chunk.”

On Monday, Trump met with Ukrainian President Volodymyr Zelenskyy and several other European leaders to debate long-term safety assurances for Kyiv. Zelenskyy stated he was “prepared” for direct talks with Putin however firmly rejected any proposals involving the give up of Ukrainian territory.



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Tags: AlaskacashHeresdelegationHappenedmeetpayPresidentPutinsRussianVladimir
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