NUSA DUA, Indonesia—U.S. Treasury Secretary Janet Yellen said some sanctions on Russia could remain in place even after any eventual peace agreement with Ukraine, raising the prospect of a long-term U.S. effort to squeeze Russia’s economy.
As Ukraine makes advances on the battlefield, Western leaders have started to contemplate how and if an end to the war may be negotiated with Russia. Ukrainian President Volodymyr Zelensky recently said he was open to “genuine peace talks” with Russia, and U.S. officials have said that any settlement would be up to Ukrainians.
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