U.S. President Donald Trump's administration has prepared additional sanctions it could use to target key areas of Russia's economy if President Vladimir Putin continues to delay ending Moscow's war in Ukraine,

"Eventually the administration decided it's not enough to just use carrots to pressure Putin, you also need sticks," one analyst said.

The Ukrainian diplomatic corps is convinced that personal sanctions against Kirill Dmitriev, CEO of the Russian Direct Investment Fund and a member of the Kremlin's negotiation team, should be reinstated and strengthened.

Trump's sanctions come as the EU agreed to impose new measures targeting Moscow's oil and gas revenues, which together are likely to maintain economic pressure on Russia despite Trump's faltering peace push and an escalation of the Kremlin's offensive in Ukraine.

As Zelenskyy lauds Europe and the U.S. for ramping up economic pressure on Putin over the war in Ukraine, Moscow dismisses them as a counterproductive "act of war."

UK Prime Minister Keir Starmer has said that the latest US sanctions on Russia's largest oil companies improve Ukraine's prospects in countering the Russian invasion. Details: Starmer assessed that, following last week's events related to efforts to halt Russia's full-scale invasion of Ukraine,

U.S. President Donald Trump has done a turnaround on sanctions against Russia, taking aim at Russia's two biggest oil companies and the billions of dollars they reap for Moscow's war against Ukraine

President Trump abruptly canceled a second meeting with Russian President Putin in Budapest and instead approved new strong sanctions on Russian oil. Former U.S. Ambassador to Ukraine Bridget Brink, who is a Democratic candidate for Congress in Michigan’s 7th district,

U.S. officials also told European counterparts that they support the EU using frozen Russian assets to buy U.S. weapons for Kyiv.

The sanctions could be imposed if Russian President Vladimir Putin shows no interest in meaningful negotiations and continues to delay ending Russia's war in Ukraine, Reuters reported.