The United States has prepared additional sanctions that could be imposed on key sectors of the Russian economy if Kremlin leader Vladimir Putin continues to stall on ending the war. Details: US officials have told their European counterparts that they support the European Union using frozen Russian assets to purchase American weapons for Ukraine.

Hungary’s Prime Minister Viktor Orbán was delighted to learn last week that Russia and the United States had chosen his country as the venue for another summit on ending the war in Ukraine.

Ukrainian President Volodymyr Zelensky has urged the United States to expand sanctions on Russia’s two biggest oil companies to the whole sector.

The European Union on Thursday formally adopted sweeping sanctions targeting Russia's energy sector, a day after the United States announced punitive measures against the Kremlin's oil industry.

Kirill Dmitriev, a Kremlin special envoy, is reported to have arrived in the United States for "official" talks following the imposition of sanctions on Russia's oil sector and the cancellation of a planned summit between US President Donald Trump and Russian leader Vladimir Putin in Hungary.

The United States hit Russia's major oil companies with sanctions and accused the Russians of a lack of commitment toward ending the war in Ukraine, as Moscow conducted a major training exercise involving nuclear arms.

China likes to condemn the United States for extending its arm too far outside of its borders to make demands on non-American companies. But when it sought to hit back at the U.S. interests this month,

A senior official from the Office of the United States Trade Representative (USTR) sharply rebuked China on Monday, criticizing recent sanctions imposed on affiliates of Korea's Hanwha Ocean as a form of economic coercion.