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US President Donald Trump said he is not going "to be wasting my time by meeting with Russian President Vladimir Putin if the Kremlin leader is not ready to make a deal to end his war on Ukraine. "You have to know that we're going to make a deal. I'm not going to be wasting my time," Trump told reporters on Air Force One on October 25 during a stop in Doha en route to Malaysia, where he landed later to begin an Asia trip. "I've always had a great relationship with Vladimir Putin, but this has been very disappointing. I thought this would have gotten done before peace in the Middle East," he added. Trump spoke to Putin last week and said he planned to meet him in Budapest within the next few weeks. However, the US president later canceled the meeting, although he said it could take place at another time. Meanwhile, Reuters quoted a US official and another person familiar with the matter as saying Trump's administration has prepared an additional series of sanctions against Russias economy that could be imposed if Putin refuses to reach a peace deal. Kyiv's Western Backers Ready To Go 'Further Than Ever' To Punish Russia, Starmer Says However, Reuters quoted an unidentified senior US official as saying Trump would prefer to have European nations make the next big move against the Kremlin either in the form of additional sanctions or tariffs. The United States sent shockwaves across global energy markets on October 22 when it said it wassanctioningstate-controlled Rosneft and privately owned LUKoil -- Russias two largest oil companies, whose exports go a long way toward filling the Kremlins coffers used to fund the war. "These are very big -- against their two big oil companies," Trump said at the White House, describing the sanctions as "tremendous. A day later, theEuropean Uniontargeted Rosneft and Gazpromneft, another major oil company that is a subsidiary of state-controlled gas giant Gazprom. Maria Shagina, a researcher at the International Institute for Strategic Studies in Berlin, said the sanctions were the first significant measures taken by the Trump administration against Moscow and reflect frustration with Russia's stalling tactics in efforts to end the Ukraine fighting. How Might China Respond To US Sanctions On Russia's Biggest Oil Companies? Observers are watching closely to gauge reactions by India and China -- the two biggest buyers of Russian oil exports. China is one of Moscows top allies and trading partners, sourcing much of its Russian energy via Siberian pipelines. New Delhi has so far resisted US pressure to curtail its use of Russian energy, and Trump has lashed out at India on the issue, imposing punitive tariffs and threatening more actions. Trumps latest remarks appear to throw cold water over comments by Putin's special envoy for investment and economic cooperation, Kirill Dmitriev, who told CNN on October 24 that he believes the United States, Ukraine, and Russia have made strong progress toward ending the war in Ukraine. Russia's Oil Giants Get Sanctioned By The US. Will It Hurt The Kremlin's War On Ukraine? (For Now, No) "I believe Russia and the US and Ukraine are actually quite close to a diplomatic solution, Dmitriev said, although he did not explain in detail why he believes a diplomatic solution is close. The public positions of Russia and Ukraine remain far apart on key issues including territory and security guarantees. Dmitriev was in the United States to meet with US officials. No details of the talks were immediately available, although Reuters quoted a source as saying the discussions were to resume on October 26. "Meetings between [Dmitriev] and representatives of President Trumps administration were held on October 24 and 25 and will continue on October 26," the source said. Trump Set To Meet Xi In South Korea Trump is set to meet Chinese President Xi Jinping in South Korea on the final day of his regional trip that is expected to focus mainly on trade. He also plans stops in Malaysia and Japan on the trip. In the meantime, Ukraine continues to endure nearly nightly attacks by Russian drones and missiles that hit apartment buildings and civilian infrastructure in Kyiv and other major cities far from the front line. Asked about an attack this week that hit akindergartenin Kharkiv, Putin envoy Dmitriev claimed the Russian military is not targeting kindergartens but that the military should be asked about this specific situation. "Im not a military guy," he said. "Im just working to have dialog and make sure that the conflict is ended as soon as possible." Early on October 26, Ukrainian officials said an overnight attack by Russian forces on a high-rise building in Kyiv injured at least 14 people, including four children. Details remained sketchy as of the early morning hours. "Everyone is receiving medical assistance. Some have been hospitalized," the government said onTelegram.
