US Treasury Secretary Bessent says he continues to believe that Russian President Putin is a war criminal; further Russian sanctions depend on the peace talks

The statement from Treasury Secretary Bessent underscores ongoing tensions regarding the Russia-Ukraine conflict, reaffirming the U.S.

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US Treasury Secretary Bessent says he continues to believe that Russian President Putin is a war criminal; further Russian sanctions depend on the peace talks

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Context

position on sanctions against Russia. The emphasis on peace talks as a condition for further sanctions suggests that market sentiment could remain cautious, particularly in energy and safe-haven assets like gold, as any escalation could disrupt these markets further.

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