In an attempt to put pressure on Moscow to negotiate a peace agreement in Ukraine, the US has proposed additional sanctions aimed at Russia’s two biggest oil companies. Trump made the announcement a day after announcing that a scheduled meeting with Russian President Vladimir Putin in Budapest would be postponed indefinitely.
Every time I speak to Vladimir, I have good conversations and then they don’t go anywhere,” Trump stated. Trump has previously stated that he would not implement sanctions until European countries stopped purchasing Russian oil. Even if the economic impact on Russia is likely to be small, this marks a significant change in his foreign policy. Russia was “immune” to the sanctions, according to the Kremlin.
Despite his repeated threats of harsher sanctions against Moscow, Trump has so far steered clear of them in an effort to mediate a peace agreement during the three-and-a-half-year invasion.
Following years of fervent support for Ukraine by his predecessor, Joe Biden, his administration has attempted to portray the US as a somewhat neutral mediator between the two warring nations.
Volodymyr Zelensky, the head of Ukraine, has also been advocating for the sanctions for months. He described them as a “good signal” from the United States and suggested that if other countries put additional pressure on Russia, a ceasefire would be achievable.
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