The United States has prepared additional sanctions that could be imposed on key sectors of the Russian economy if Kremlin leader Vladimir Putin continues to stall on ending the war. Details: US officials have told their European counterparts that they support the European Union using frozen Russian assets to purchase American weapons for Ukraine.

India has not sanctioned Russian oil companies, but the US's recent decision could impact its dealings because of 'secondary sanctions'.

President Trump announced sanctions on Lukoil and Rosneft, Russia’s two largest oil companies, while restrictions by the European Union included a ban on imports of Russian liquefied natural gas.

Hungary’s Prime Minister Viktor Orbán was delighted to learn last week that Russia and the United States had chosen his country as the venue for another summit on ending the war in Ukraine.

Ukrainian President Volodymyr Zelensky has urged the United States to expand sanctions on Russia’s two biggest oil companies to the whole sector.

Ukrainian President Volodymyr Zelenskyy on Friday urged the United States to expand sanctions on Russian oil from two companies to the whole sector, and appealed for long-range missiles to hit back at Russia.

The United States hit Russia's major oil companies with sanctions and accused the Russians of a lack of commitment toward ending the war in Ukraine, as Moscow conducted a major training exercise involving nuclear arms.