European Union leaders agreed in principle on Monday to cut oil imports from Russia by 90 percent by the end of this year, ending a standoff with Hungary over the bloc’s toughest sanctions yet on Moscow since the invasion of Ukraine three months ago. Diplomats said the agreement would pave …
Read More »The European Commission Issues a Statement on The Proposed Sanctions Against Russia
The European Commission issued a statement detailing the proposed sanctions against Russia, which are awaiting approval by European heads of state this evening. These sanctions include depriving Russia of 24 billion euros annually in oil revenues through a European ban on oil exports, financial sanctions targeting 70% of the Russian …
Read More »Moscow willing to negotiate terms of Ukraine’s surrender
Russian government spokesperson Dmitry Peskov said on Thursday that Moscow is willing to negotiate the terms of Ukraine’s surrender. Peskov said that Russian President Vladimir Putin is ready to talk with Ukrainian President Volodymyr Zelensky if Ukraine agrees to compromise on Russia regarding its “red lines”. These include that Ukraine …
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