It is increasingly difficult for Putin to finance his war. Every Euro we deny Russia is one it cannot spend on war."

Get the latest news and live updates as the government shutdown continues, Trump sanctions Russia in a push for a ceasefire in Ukraine and Rubio heads to Israel amid Gaza truce.

President Trump announced new sanctions on the Kremlin that target Russia's two largest oil companies. This comes after Trump called off his meeting with Russian President Putin, saying "it didn't feel right.

The Opec+ oil cartel began boosting production from April in a surprise move that caused oil prices to fall sharply. This followed Trump’s calls for Opec+ to increase supply in an effort to cool prices, ease inflation and squeeze Russia’s energy revenues.

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.

Russia said on Wednesday that it was still preparing for a potential summit between President Vladimir Putin and U.S. President Donald Trump, though no date had been set and that Putin - like Trump - did not want to waste his time.

NATO Secretary General Mark Rutte defended President Donald Trump’s leadership on Ukraine, saying only Trump has the power to “get this done” and bring lasting peace. REPORTER: Secretary General, can I just ask you,

Russia launched a large-scale air attack on Ukraine early Wednesday, causing power outages across most of the country, setting homes ablaze and killing at least six people, including a six-month-old baby,