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After months of wavering between confrontation and conciliation toward Moscow, President Donald Trump has imposed new sanctions on Russia’s two largest oil companies and canceled a planned summit with Russian President Vladimir Putin — signaling a renewed attempt to pressure the Kremlin without committing to deeper U.S. involvement in Ukraine’s war.

The measures, announced Wednesday, target Rosneft and Lukoil, key pillars of Russia’s energy sector, and mark the administration’s most significant sanctions package since Trump returned to office. But they also come after years of similar Western actions that have failed to slow Moscow’s military campaign.

"We canceled the meeting with President Putin. It just, it didn’t fee

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