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US aims to halve Russia’s energy revenues by 2030, says official

Diplomat tells FT western sanctions will continue ‘for years to come’ to curb Moscow’s war machine

Washington is aiming to halve Russia’s oil and gas revenues by the end of this decade, a senior US diplomat has said, arguing western sanctions on Moscow will need to be maintained “for years to come”.

Geoffrey Pyatt, US assistant secretary of state for energy resources, told the Financial Times that the curbs on Vladimir Putin’s ability to fund the Ukraine invasion must ensure Russia can never again mount an attack on its neighbours.

“This is something that we’re going to have to stick to for years to come, as long as Putin persists in this war,” said Pyatt, who has previously served as the US ambassador to Ukraine and to Greece.

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