President-elect Donald Trump's pick for Treasury Secretary, Scott Bessent, said he "100%" supports raising sanctions on Russian oil producers if the future president requests doing so.

Russia’s nearly three-year invasion of Ukraine has become a “war of attrition” and a “stalemate” that must be ended, Senator Marco Rubio, President-elect Donald Trump’s pick to be secretary of state,

Marco Rubio, a candidate for the US Secretary of State position under Donald Trump, stated that to end the war in Ukraine, concessions would need to be made. This would apply to both countries, CNN reports.

On Jan. 10, the U.S. Treasury announced fresh measures to deplete Russia's energy revenues, including on 183 vessels, largely oil tankers.

Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on U.S. President Joe Biden's latest sanctions targeting Russia and a larger than forecast fall in U.S. crude stocks.

The Treasury Department on Wednesday announced sanctions connected with Russian secret payment channels created to skirt U.S. restrictions and a Kyrgyzstan financial institution that supports the Krem

Russia's military on Tuesday said it would retaliate against Ukraine after Kyiv attacked Russian regions by firing six U.S.-made ATACMS ballistic missiles, six UK-made Storm Shadow cruise missiles and launching one of the biggest drone attacks to date.