The U.S. president was given three options for sanctions after running out of patience with the Kremlin over the Ukraine war.

Russian President Vladimir Putin on Thursday delivered his first direct response to new U.S. sanctions imposed on Russia, calling them an “unfriendly act” that will not significantly harm the country’s economy.

Days after canceling a planned summit with Putin, citing a lack of progress toward ending the war in Ukraine, Trump took a major step by effectively blacklisting Rosneft and Lukoil.

The Kremlin may have convinced itself that US President Donald Trump didn’t have the stomach to apply real pressure on Moscow to end the brutal conflict in Ukraine.

President Donald Trump canceled his planned meeting with Russian President Vladimir Putin in Budapest, Hungary, due to insufficient progress toward peace negotiations, the White House said.

Russian President Vladimir Putin criticized new U.S. sanctions against Russian oil companies but said they would not “significantly affect our economic wellbeing.” He also questioned President Trump’s decision to cancel a meeting in Hungary,

Defence Secretary John Healey has a message for Russian President Vladimir Putin: "We're hunting your submarines." There has been a "30% rise in Russian vessels threatening UK waters", he says. This, according to Healey, is evidence of increased "Russian aggression right across the board" which he says is impacting Europe, not just Ukraine.

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

Moscow has accused Poland of threatening to allow "terrorist acts" against Russian President Vladimir Putin's plane.