President Donald Trump on Wednesday said he felt it "was time" to hit Russia with tougher sanctions, a significant escalation amid his latest diplomatic push to end Vladimir Putin's war on Ukraine. "Today is a very big day in terms of what we're doing. These are tremendous sanctions. These are very big," Trump said as he met with NATO Secretary-General Mark Rutte in the Oval Office. "They're against their two big oil companies, and we hope that they won't be on for long. We hope that the war will be settled." "I just felt it was time. We've waited a long time," Trump said when asked why he was taking action now after months of threats and delays. The Treasury Department said the new economic penalties will target Russia’s two largest oil companies, Open Joint Stock Company Rosneft Oil Comp

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