Hungary’s Prime Minister Viktor Orbán was delighted to learn last week that Russia and the United States had chosen his country as the venue for another summit on ending the war in Ukraine.

U.S. President Donald Trump's administration has prepared additional sanctions it could use to target key areas of Russia's economy if President Vladimir Putin continues to delay ending Moscow's war in Ukraine,

Kremlin special envoy Kirill Dmitriev argues President Donald Trump's sanctions will not have a significant impact on the Russian economy on 'Special Report.'

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,

MOSCOW has warned that “peacemaker” Donald Trump is on a “warpath against Russia” after his punishing oil sanctions. Top Putin lackey Dmitry Medvedev fiercely hit out at

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.

The US is imposing sanctions on Russia’s two biggest oil companies, Rosneft and Lukoil, aiming to “degrade” Vladimir Putin’s war chest and support Donald Trump’s effort to end the war in Ukraine. The move marks the first time the Trump administration has imposed direct costs on Moscow over its full-scale invasion.