Trump’s Russia Ceasefire Deadline Nears As He Pressures Countries to Stop Buying Putin’s Oil


White House envoy Steve Witkoff is expected to travel to Moscow on Wednesday, potentially meeting with Russian President Vladimir Putin. It’s Witkoff’s fifth visit to Russia this year, but would be his first meeting with Putin in more than three months.

The meeting is seen as a “last chance” to reach a peace deal before U.S. sanctions are imposed on countries that import oil from Russia. President Trump has set a Friday deadline for a ceasefire deal.

  • One option the Kremlin is reportedly weighing to appease Trump, per Bloomberg, is a limited truce on airstrikes involving drones and missiles — which have increased in recent months.

    • Russia doesn’t appear inclined to end the war entirely, as it continues to make advances on the battlefield.

If there’s no acceptable deal on the table, the U.S. says it could target Russian oil sales to major buyers like India and China.

ECONOMIC PRESSURE
In a phone interview Tuesday, he told CNBC that he would “substantially” increase the existing 25% levy on India, a U.S. ally, within the next 24 hours, as country continues to buy Russian energy.

  • Trump and Ukrainian President Volodymyr Zelensky spoke on Tuesday morning. Afterward, Zelensky posted on X that Russia’s "economy continues to decline, and that's exactly why Moscow is so sensitive to this prospect and President Trump's resolve. This can change a lot."


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