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The White House ramps up pressure on the Kremlin
as it imposes new sanctions on Russian oil giants and lifts restrictions on Ukraine's use of some long-range missiles.
Plus, Tesla's stock drops as Elon Musk derails the earnings call for a chat about his pay package.
How much voting control I have at Tesla is, if I go ahead and build this enormous robot army,
can I just be ousted at some point in the future?
And President Trump tears down the entire East Wing of the White House.
It's Thursday, October 23rd.
I'm Caitlin McCabe for The Wall Street Journal, and here is the AM edition of What's News,
the top headlines and business stories moving your world today.
Oil prices have surged after President Trump announced substantial sanctions on two Russian oil giants in what are the first direct U.S. measures on Russia during Trump's second term.
at the same time were exclusively reporting that the Trump administration has lifted a key restriction on Ukraine's use of some long-range missiles provided by Western allies,
enabling attacks inside Russia.
The moves come as the U.S. aims to pressure Russia into a ceasefire in Ukraine following stalled negotiations and a canceled summit between presidents Trump and Putin.