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Bessent reportedly tells Russia no economic relief until Ukraine war ends as Europe snubs Moscow at G20

  • Posted on September 1, 2026
  • By CNBC
  • 1 Views
  • 1 min read
In brief

U.S. Treasury Secretary Bessent signals that economic sanctions relief for Russia remains contingent upon the cessation of hostilities in Ukraine. Meanwhile, European nations maintain a hardline stance, refusing engagement with Moscow at the G20 summit. The contrasting approaches between Washington and Europe highlight growing diplomatic divisions over Russia policy, with the U.S. exploring potential negotiation pathways while the EU prioritizes continued isolation and support for Ukraine's sovereignty.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

Bessent reportedly tells Russia no economic relief until Ukraine war ends as Europe snubs Moscow at G20
Bessent reportedly tells Russia no economic relief until Ukraine war ends as Europe snubs Moscow at G20

The meeting underscored Washington's willingness to reopen diplomatic talks with Moscow, as Europe intends to isolate the nation while the war continues.
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Author
CNBC

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