European leaders are heading to the United States soon to discuss an exit strategy for the Ukraine war, Donald Trump mentioned. He also plans to speak with Russian President Vladimir Putin shortly and hinted at introducing new sanctions on Russia.
Ukrainian President Volodymyr Zelensky supports these sanctions and urges European nations to stop buying Russian energy. This comes as Russia launched a significant aerial attack on Ukraine, marking its most intense assault yet, including strikes on Kyiv’s main government building.
After the bombardment, which saw over 800 drones and missiles launched, Trump expressed discontent with the situation. He noted that European leaders would visit individually, but he didn’t specify who they were.
Since the last summit between Trump and Putin, Russia has escalated its attacks. Zelensky, speaking to ABC News, criticized Europe for continuing to purchase Russian oil and gas, calling it “unfair.” He argued for a complete halt in all deals with Russia, stating, “We can’t have any deals if we want to stop them.”
Zelensky welcomed Trump’s proposal to impose tariffs on nations maintaining trade with Russia, believing it could hinder Moscow’s war efforts. He noted that since the invasion began in March 2022, Russia has generated nearly $985 billion from oil and gas sales, mainly to China and India. The EU has reduced purchases but has not fully stopped them; they plan to end all imports by 2027.
In a recent move, the U.S. slapped a 50% tariff on goods from India for continuing to buy Russian oil. India has stated it will seek the best economic deals for its citizens. Meanwhile, at a recent meeting in Beijing, Russia announced increased gas supplies to China.
Adding to these complexities, OPEC+ agreed to boost oil production, likely lowering oil prices. U.S. Treasury Secretary Scott Bessent indicated that more EU support for secondary tariffs could force the Russian economy into a collapse, thus pressuring Putin to negotiate. He emphasized a crucial balance: how long Ukraine’s military can hold out versus the resilience of the Russian economy.
As the war drags on, opinions vary. Some analysts suggest that escalating sanctions might weaken Russia significantly, while others warn that it could lead to unpredictable outcomes. Either way, the situation remains tense, and the global stakes are high.
For deeper insights, check reports from the Centre for Research on Energy and Clean Air and the latest updates from trusted sources.
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