The European Union has imposed more economic sanctions on Russia, adding to U.S. President Donald Trump’s latest punitive measures against the Russian oil industry

President Donald Trump’s administration has announced new sanctions against Russia’s oil industry aimed at moving President Vladimir Putin to the negotiating table

Treasury Secretary Scott Bessent announced new sanctions Wednesday against Russia’s two biggest oil companies and blasted Moscow’s refusal to end its “senseless war” as U.S.-led efforts to end the war floundered and the Ukrainian president sought more foreign military help.

It comes a week after the UK imposed similar sanctions on Rosneft and Lukoil - and just one day after Trump said a planned meeting with Putin in Budapest would be shelved indefini

Just hours after the second summit was called off between Pres. Trump and Pres. Putin, Russia launched a brutal attack on Ukraine, striking a kindergarten with children inside.

President Donald Trump's administration announced Wednesday new "massive sanctions" against Russia's oil industry that are aimed at bringing an end to Moscow's brutal war on Ukraine.

A large-scale Russian drone and missile attack across Ukraine killed at least six people, including a woman and her two young daughters, officials said Wednesday, as US-led efforts to end the war floundered and Ukraine’s president sought more foreign military help.

CNBC's Eamon Javers reports on new sanctions from the Trump administration on Russia's two largest oil companies, Lukoil and Rosneft, as part of the U.S. push for an end to the war in Ukraine.