Bessent threatened sanctions against Russia due to the failure of the "business as usual" approach.

The US and EU are keeping all options on the table for a peaceful settlement in Ukraine , US Treasury Secretary Scott Bessent said in a statement after a meeting with European Commission sanctions envoy David Sullivan.

"Business as usual hasn't worked. We're prepared to take tough action against RUSSIA, but our European partners must fully join us to achieve success," Bessent noted.

On September 7, the HEAD of the Ministry of Finance noted that coordinated economic pressure from the US and Europe on Russia could force Moscow to "sit at the negotiating table ."

That same day, President Donald Trump responded affirmatively to a question about whether he was ready to move to a second phase of sanctions against Russia. Shortly before, the leader had said that he had not yet begun "either a second or a third phase" of pressure on Russia. He did not specify what this meant. Trump merely mentioned that tariffs had already been imposed on India, which buys Russian goods.oil , which "cost hundreds of billions of dollars." New Delhi called these measures unfair, but did not refuse oil from Russia.

The US is demanding that the EU stop buying Russian oil and gas. According to Energy Secretary Chris Wright, Brussels must take this step if it wants Washington to tighten sanctions against Moscow.

Furthermore, the US side has demands for secondary sanctions. As the Financial Times reported, the EU is considering imposing sanctions against CHINA due to its purchase of Russian energy resources, but these proposals are "at a very early stage" and are unlikely to be adopted unless the US takes similar action. According toREUTERS , Washington called on Brussels to put pressure on Beijing.

President Vladimir Putin urged people not to be "scared" of sanctions, as those who "start to get scared will immediately lose everything." The head of state called those imposing them "morons" because they were harming themselves.

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