Treasury Secretary Scott Bessent says the US has kept its sanctions on Russia in place. Speaking about the sanctions on Russia at the Economic Club of New York on Thursday, Bessent also said the U.S. “will not hesitate to go all in should it provide leverage in peace negotiations.” Over the course of Russia’s invasion of Ukraine, the Biden administration imposed thousands of sanctions on Russian firms, people, ships and imposed a price cap on Russian oil, among other actions. In New York, Bessent called Biden’s sanctions on Russian energy “egregiously weak” and “stemming from worries about upward pressure on U.S. energy prices.” “Per President Trump’s guidance, sanctions will be used explicitly and aggressively for immediate maximum impact. They will be carefully monitored to ensure that they are achieving specific objectives,” Bessent said.Hindustan Times Videos brings all the News for the Global Indian under one umbrella. We break down news from across the globe from the unique lens of a Rising India. Tune in for Explainers, Opinions, Analysis and a 360 degree view of big events in India and the World which impact your present and future.
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