The president has slapped fresh restrictions on Russia’s two largest oil companies, in response to what he calls Vladimir Putin’s “lack of serious commitment to a peace process to end the war in Ukraine ”.

President Donald Trump’s sanctions crackdown on Russia risks undermining one of the bright spots in the Trump economy: tame gas prices.

The European Union on Thursday heaped more economic sanctions on Russia, adding to U.S. President Donald Trump’s new punitive measures the previous day against the Russian oil industry. Russian President Vladimir Putin called Washington's move an “unfriendly act” that could backfire by spiking global oil prices.

MOSCOW (Reuters -Kirill Dmitriev, Russian President Vladimir Putin's special envoy for investment and economic cooperation, said on Friday he was in the United States for a long-planned meeting and that U.

The European Union on Thursday heaped more economic sanctions on Russia, adding to U.S. President Donald Trump’s new punitive measures the previous day against the Russian oil industry. Russian President Vladimir Putin called Washington’s move an “unfriendly act” that could backfire by spiking global oil prices.

Kirill Dmitriev, Russian President Vladimir Putin's special envoy for investment and economic cooperation, is in the United States for talks, the RIA state news agency quoted an unnamed source as saying on Friday.