WASHINGTON—U.S. President Donald Trump hosted NATO Secretary General Mark Rutte at the White House on Oct. 22 to discuss the ongoing war in Ukraine.
Shortly before the meeting, Treasury Secretary Scott Bessent said the United States was preparing to impose tougher sanctions on Russia.
In a statement later Wednesday, the United States announced new sanctions on Russia, targeting the country’s two largest oil companies, Rosneft and Lukoil, in an effort to limit the Kremlin’s ability to fund its war machine.
The sanctions were imposed by the Treasury’s Office of Foreign Assets Control (OFAC) on Wednesday. “Now is the time to stop the killing and for an immediate ceasefire,” Treasury Secretary Scott Bessent said in a statement....