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Bessent says further Russian sanctions depend on peace talks

Cover Image for Bessent says further Russian sanctions depend on peace talks

Treasury secretary Scott Bessent said US sanctions against Russian oil majors had helped bring Russia to the negotiating table in the peace talks.

WASHINGTON: US treasury secretary Scott Bessent on Thursday said further US sanctions against Russia depend on talks aimed at ending the nearly four-year-old Ukraine war.

Bessent, who participated in talks with Russian officials and President Donald Trump’s envoy Steve Witkoff and Trump’s son-in-law Jared Kushner in Miami on Saturday, said he would consider new sanctions against Russia’s shadow fleet – a step Trump has not taken since returning to office in January 2025.

“I will take it under consideration. We will see where the peace talks go,” Bessent said at a Senate Banking Committee hearing.

Tags:Jared Kushnerpeace talksRussiaRussia-Ukraine WarScott BessentSteve WitkoffUS sanctions


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