Days after canceling a planned summit with Putin, citing a lack of progress toward ending the war in Ukraine, Trump took a major step by effectively blacklisting Rosneft and Lukoil.

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.

The Kremlin may have convinced itself that US President Donald Trump didn’t have the stomach to apply real pressure on Moscow to end the brutal conflict in Ukraine.

Vladimir Putin responded to President Trump slapping sanctions on Russia's two biggest oil companies in a U.S. policy shift over the war in Ukraine.

MOSCOW (Reuters) -Russian President Vladimir Putin remained defiant on Thursday after U. President Donald Trump hit Russia's two biggest oil companies with sanctions to pressure the Kremlin leader to end the war in Ukraine,

After nine months of attempting to coax Russia into concessions using only incentives, the Trump administration in an unexpected reversal announced “massive sanctions” Wednesday on Moscow’s two biggest oil producers.

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."

Ukrainian President Volodymyr Zelenskiy hailed "very important" new U.S. and European Union energy sanctions on Russia on Thursday, but said more pressure would be needed on Moscow to secure a ceasefire in the war.

Russia launched a large-scale air attack on Ukraine early Wednesday, causing power outages across most of the country, setting homes ablaze and killing at least six people, including a six-month-old baby,

Russian President Vladimir Putin remained defiant on Thursday after U. President Donald Trump hit Russia's two biggest oil companies with sanctions to pressure the Kremlin leader to end the war in Ukraine,