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The U.S. steps up sanctions targeting Iranian oil, plus Tesla's sales in Europe nose dive.

And while President Trump pushes for a quick end to the war in Ukraine, Moscow has other ideas.

For the Russians, a lot of it comes down to just clinching the tucks, getting them started and feeling as though they're on an equal footing with the United States. For the Kremlin, the timetable is as long as it takes.

It's Tuesday, February 25th. I'm Luke Vargas for the Wall Street Journal, and here is the

AM edition of What's News, the top headlines and business stories moving your world today.

We begin with the latest efforts to end the war in Ukraine.

Yesterday, the U.S. joined Russia and China in backing a Washington-drafted UN Security Council

resolution that called for a swift end to the conflict.

And in comments alongside French President Emmanuel

Macron at the White House, President Trump made it clear that he's expecting diplomatic progress soon.

I'd like to go directly to an agreement, but ceasefire will always happen a little bit quicker.

And every day you're saving thousands or at least hundreds, but thousands in some cases lives.

So we want to see if we can get that done very quickly.

Macron said that speed was a priority of his as well,

...