In a Fox Business interview, Treasury Secretary Scott Bessent reiterated that the Trump administration is prepared to impose new sanctions on Russia amid a renewed Russian bombing campaign in Ukraine. He emphasized, “all options are on the table,” suggesting readiness to escalate economic pressure unless President Putin alters his conduct.
This comes despite recent diplomatic overtures, including a high-level meeting in Anchorage and a follow-up White House phone call with European leaders and Ukrainian President Zelenskyy.
The warning follows intensified missile and drone assaults on Kyiv, which killed at least 17 civilians— including four children—highlighting the urgency behind a tougher U.S. response.
Bessent also used the platform to criticize India’s role in purchasing and reselling Russian oil, asserting that such actions help finance Russia’s war effort. While affirming the strategic importance of U.S.–India ties, he suggested these behaviors—along with stalled trade negotiations—contributed to the administration’s decision to impose tariffs on Indian imports.