The sanctions list includes 58 individuals and 74 companies, with 67 Russian enterprises related to military technology.
Washington and its partners are considering additional sanctions if the parties do not observe a ceasefire, with political and technical negotiations between Europe and the U.S. intensifying since last week, Reuters' source said.
Despite the Kremlin's announcement of a May 8–11 truce, heavy fighting continued in multiple regions throughout the front line.
The Kyiv Independent’s contributor Ignatius Ivlev-Yorke spent a day with a mobile team from the State Emergency Service in Nikopol in the south of Ukraine as they responded to relentless drone, artillery, and mortar strikes from Russian forces just across the Dnipro River. Nikopol is located across from the Russian-occupied Zaporizhzhia Nuclear Power Plant in the city of Enerhodar.
Peter Szijjarto's announcement came after Ukraine's Security Service (SBU) allegedly dismantled a Hungarian military intelligence network operating in Zakarpattia Oblast.
Moscow and Washington discuss the potential resumption of Russian gas supplies to Europe, among other issues related to the peaceful settlement of Russia's war in Ukraine, Russian presidential aide Yuri Ushakov confirmed to the Russian state-run Interfax news agency.
"This is a historic decision, as weapons for Ukraine will be purchased at the expense of the proceeds from frozen Russian assets through the European Peace Fund," Denys Shmyhal said.
Kurt Volker said that now "there is more alignment" between Ukraine and the U.S. under the Trump Administration than at the beginning of 2025.
The approval marks a key step in international efforts to hold Moscow accountable for what is considered the gravest violation of international law committed against Ukraine.
Hungary's FM opposes NATO's long-term Ukraine aid plan, calls it 'crazy mission'

Budapest will not participate in NATO's long-term plan to support Ukraine, Hungarian Foreign Minister Peter Szijjarto said on May 8, calling it a "crazy mission," according to Reuters.
NATO Secretary General Jens Stoltenberg proposed in April to create a $100 billion five-year fund to aid Ukraine in order to get the allied countries more involved in providing Kyiv with weapons.
According to the plan, NATO would also reportedly take over some operational duties of the U.S.-led Ukraine Contact Defense Group, which coordinates weapons deliveries from about 50 countries to Kyiv.
"Hungary will stay out of NATO's crazy mission despite all the pressure," Szijjarto said at an event in London, reiterating the Hungarian government's position.
Budapest has consistently opposed sanctions on Russia, undermined Western aid efforts for Ukraine, and maintained close relations with Moscow throughout the full-scale war.
Ukraine has faced a worsening situation on the battlefield in recent weeks as well as an increase in successful Russian aerial attacks, both compounded by delays in Western assistance, particularly the months-long wait for the latest U.S. aid package.
The European Union also fell short of its target of providing Ukraine with 1 million rounds of artillery shells by March.
During Stoltenberg's visit to Ukraine in late April, President Volodymyr Zelensky said that partners "do have the opportunity" to set up a $100 billion fund.
"The details are very important to us, it is important that this is not at the expense of bilateral volumes, which are marked by our agreements on security guarantees," he added.

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