Trump’s sanctions come as the EU agreed to impose new measures targeting Moscow’s oil and gas revenues, which together are likely to maintain economic pressure on Russia despite Trump’s faltering peace push and an escalation of the Kremlin’s offensive in Ukraine.

The European Union has imposed more economic sanctions on Russia. The new penalties announced on Thursday add to measures by U.S.

President Donald Trump imposed sanctions on Russia's largest oil companies Rosneft and Lukoil while canceling his planned summit with Russian President Vladimir Putin.

President Donald Trump imposed sanctions on Russian oil companies Rosneft and Lukoil after failed talks with Vladimir Putin to end the Ukraine war.

Andrew Puzder, U.S. Ambassador to the European Union, says the U.S.and EU are on the same page when it comes to pressuring Russia to bring an end to the war in Ukraine.