U.S. President Donald Trump's threat to choke off Russia’s oil revenue via secondary sanctions would deal a hammer blow to Moscow's finances, but markets are betting that the risk of higher energy prices will keep Washington from following through.

Congressional Republicans completed Trump's tax legislation and now tackle Russia sanctions, government funding, and spending cuts. The narrow House and Senate majorities create challenges for upcoming legislative priorities including defense authorization.

Trump’s sanctions on Russia would be ‘extremely painful’ for US and risk global oil price spike, experts warn - Trump has threatened 100% ‘secondary tariffs’ on likes of India and China, which experts

U.S. President Donald Trump threatened to hit buyers of Russian exports with sanctions unless Russia agrees a peace deal over the conflict in Ukraine, potentially complicating Moscow's oil sales to China,

Putin invaded Ukraine just over 13 months into Biden's White House term. Between February 24, 2022, and January 20, 2025, the U.S. became the world's biggest supplier of weapons and aid for Ukraine's fight, pledging over $175 billion in support.

Cuba’s crucial and struggling tourism industry was hit with more US sanctions, as President Donald Trump’s administration ratchets up pressure on the communist-run island and its top officials.

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