Treasury’s Bessent says further Russian sanctions depend on peace talks

U.S. Treasury Secretary Scott Bessent said on Thursday that further sanctions against Russia would hinge on the outcome of peace negotiations. He connected the possibility of additional measures to talks aimed at ending the nearly four-year conflict in Ukraine. Bessent did not specify any timeline for new sanctions. He emphasized that the U.S. government is monitoring the situation closely. Meanwhile, existing sanctions on Russia remain in place as diplomatic efforts continue. The Treasury Department continues to coordinate with international partners to enforce the current sanctions framework. Bessent’s remarks suggest a conditional approach tied to diplomatic progress. However, no new sanctions were announced at the time of his statement.