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Wednesday, March 4, 2026

Putin Slams US Sanctions as Trump Adopts Wait-and-See Stance

Putin Slams US Sanctions, Trump Responds with ‘Wait and See’ Approach

Russian President Vladimir Putin has strongly criticized new US sanctions targeting major Russian oil companies, stating that “no self-respecting country” would act “under pressure” from external forces. The remarks came as President Donald Trump responded with a measured “wait and see” approach to the escalating diplomatic tension.

Key Developments

  • Putin condemns US sanctions on Rosneft and Lukoil as “unfriendly move”
  • Russian leader warns sanctions won’t significantly impact Russian economy
  • Trump responds: “I am glad he feels that way… Let’s see how it all works out”
  • Planned Putin-Trump summit in Budapest postponed

Putin’s Strong Stance on Sanctions

President Putin described the latest US sanctions as an attempt to exert pressure that would not improve bilateral relations. The Russian leader acknowledged the sanctions would have “certain consequences” but emphasized they “will not significantly impact our economic well-being.”

Putin questioned the motivation behind the sanctions, suggesting they were imposed at the behest of “certain people in the US administration” and wondering whose interests they truly serve.

“Dialogue is always better than confrontation or any disputes, and especially war. We have always supported the continuation of dialogue,” Putin stated.

Military Warning and Summit Postponement

The Russian president issued a stark warning regarding potential US military action, stating Russia would deliver a “very strong, if not overwhelming” response if attacked by US Tomahawk missiles. This comes amid Ukraine’s efforts to acquire the missile systems, though President Trump recently backtracked on offering them to Kyiv.

Putin also confirmed the postponement of a planned summit with Trump in Budapest, Hungary. The meeting had been proposed following a telephone conversation between the two leaders.

Trump’s Measured Response

President Trump imposed the sanctions on Rosneft and Lukoil as part of efforts to pressure Moscow regarding the conflict in Ukraine that began in February 2022. When asked about Putin’s comments, Trump offered a characteristically pragmatic response.

“I am glad he feels that way. I’ll let you know about it in six months from now. Let’s see how it all works out…” the Republican leader stated on Thursday.

The exchange highlights the ongoing tension between the two nuclear powers, with both leaders maintaining their positions while leaving room for future diplomatic engagement.

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