US, EU gear up to discuss fresh sanctions on Russia as Ukraine war drags on: What next for Moscow?

A team of European officials led by EU sanctions envoy David O'Sullivan is set to meet with the US Treasury on Monday to explore new ways of tightening economic pressure on Russia. Treasury Secretary Scott Bessent had already spoken with European Commission President Ursula von der Leyen on Friday, The Associated Press reported citing a person familiar with the meeting who spoke on the condition of anonymity. The call came shortly after Vice President JD Vance's conversation with her a day earlier which set the stage for the Washington talks, the report added.

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