President Donald Trump walked into a summit with Russia’s Vladimir Putin pressing for a ceasefire deal and threatening “severe consequences” and tough new sanctions if the Kremlin leader failed to agree to halt the fighting in Ukraine.

Sen. Chris Murphy called the failed meeting, in which no ceasefire was reached for the war in Ukraine, a "disaster" while on air with NBC News.

Oil prices slipped on Monday as the U.S. did not exert more pressure on Russia to end the Ukraine war by implementing further measures to disrupt Russian oil exports after the presidents from both countries met on Friday.

It is quite possible that Monday's meeting in the White House could prove even more crucial to the future of Ukraine - and for all of Europe's security - than last Friday's US-Russia summit in Alaska. On the surface, that Putin-Trump reunion seemed to live down to every expectation. There was no ceasefire, no sanctions, no grand announcements.

President Trump and Russian President Vladimir Putin are scheduled to meet Friday at Joint Base Elmendorf-Richardson in Anchorage, Alaska, to discuss the conflict between Russia and Ukraine.

Journalist Mark Halperin predicted that President Donald Trump will ultimately make this shocking move against Russian President Vladimir Putin.

President Donald Trump warned that "severe consequences" lie ahead for Russia if Russian President Vladimir Putin doesn't agree to stop the Ukraine war after they meet for a high-stakes summit in Alaska on Friday.