The Treasury in a statement said Washington was imposing fresh sanctions on almost 100 critical Russian entities - including Russian banks and companies operating in Russia's energy sector - that were previously sanctioned by the United States. It said the move increases secondary sanctions risk for them.

President Trump on Friday wouldn’t say if he has spoken with Russian President Vladimir Putin since he began his second term but said there are ongoing discussions about ending the war in Ukraine. “We’ll be speaking,

Join our exclusive KI Insights Monthly Briefing to gain critical perspectives on the prospects of a peace process in Ukraine under the new US administration. We will analyze the various involved stakeholders and their negotiation stances and discuss potential dynamics given existing leverage and pressure points.