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President Trump imposed major new sanctions on Russia’s energy sector, targeting Rosneft and Lukoil, after canceling a planned Budapest meeting with Vladimir V. Putin. Announced during an Oval Office visit by NATO secretary general Mark Rutte, the move marked his first such action of his second term and reflected mounting frustration. Treasury Secretary Scott Bessent called for an immediate cease-fire. Analysts said effectiveness hinges on enforcement and potential secondary sanctions. Europe’s leaders, wary of Trump’s shifting stance on Ukraine and weapons like Tomahawks, continue pressing him to stay aligned.

Prepared by Lauren Mitchell and reviewed by editorial team.