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Donald Trump sanctions Russia

New Russian oil sanctions and a canceled Putin summit bring Trump’s Ukraine strategy into question

President Trump abruptly canceled a second meeting with Russian President Putin in Budapest and instead approved new strong sanctions on Russian oil.

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Vladimir Putin Reacts to New Trump Sanctions on Russian Oil

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Russia furious as Trump sanctions target the heart of Putin's war economy

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What's the significance of US sanctions on Russian oil?

US President Donald Trump has announced what he called "tremendous" new sanctions against two of Russia's largest oil companies, in a bid to pressure Moscow into ending its war on Ukraine.

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Putin says Russia will never bow to US pressure, warns on missiles

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Putin defiant after Trump sanctions Russian oil companies over Ukraine

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Putin deplores US sanctions as 'unfriendly' while EU joins in heaping restrictions on Russia

The European Union on Thursday heaped more economic sanctions on Russia, adding to U.S. President Donald Trump’s new punitive measures the previous day against the Russian oil industry. Russian President Vladimir Putin called Washington's move an “unfriendly act” that could backfire by spiking global oil prices.

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Russia’s ‘disposable-goods’ war economy is getting busier but poorer, and Trump’s new sanctions could trigger a recession, analysts say

Also last month, Sberbank CEO German Gref, one of Russia’s top banking chiefs, said the economy was in “technical stagnation,” And in June, Economy Minister Maxim Reshetnikov warned that Russia was “on the brink” of a recession.

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‘Not wasting my time’: Donald Trump says no meeting with Vladimir Putin until Ukraine deal in place

It was earlier announced that Donald Trump would meet Vladimir Putin in Budapest to advance the talks on Ukraine, but the meeting never materialised.