Trump could trigger a financial crisis in Russia - if he wants to - but has backed off from his threat of 'very severe consequences'
Briefly

Trump and Putin's meeting in Alaska resulted in no ceasefire agreement. Trump shifted toward a comprehensive peace agreement, aligning with Putin's position of territorial concessions by Ukraine. Despite previous threats of harsh penalties for Russia, Trump decided not to impose new sanctions, stating that he would revisit the issue in a few weeks. Experts suggest the U.S. holds significant leverage over Russia's economy, particularly through actions against Russian oil transportation, which is crucial for funding its war efforts.
Trump's shifting stance toward a comprehensive peace agreement, mirroring Putin's ideas, indicates a significant change in U.S. foreign policy for the region.
Despite earlier threats of severe penalties, Trump has chosen to hold off on new sanctions, suggesting that this option remains available as diplomatic efforts progress.
Read at Fortune
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