G7

The G7 countries will tighten the rules on price restrictions for Russian oil imports, requiring importers to provide confirmation on a cargo-by-cargo basis that it complies with price restrictions, rather than for the duration of transportation contracts.

The G7 and the EU discuss a plan to use more than $250 billion in frozen Russian central bank assets as collateral to finance Ukraine's postwar reconstruction.

Belgium proposes to use the frozen Russian assets as collateral for the issuance of debt for Ukraine's reconstruction.

Canada emphasized the need to continue to support Ukraine and hopes that the bilateral security commitments between Canada and Ukraine will be finalized soon.

Ukraine's Foreign Minister expressed confidence that the US Congress will approve additional funds for Ukraine and urged citizens not to listen to disappointment, as the support of allies continues.

Russian oil tankers continue to sail the Red Sea with little interruption due to Houthi attacks, as they have fewer ties to the Western countries targeted by the attacks, Reuters reports.

Ukraine's Prime Minister Denys Shmyhal discussed continued financial support from the G7 countries and strengthening Ukraine's economic resilience during a meeting with their ambassadors.

The Italian ambassador to Ukraine met with Ukrainian officials to discuss humanitarian aid, military assistance and funding for demining equipment, with the ambassador assuring that continued support remains a priority.

Estonian Prime Minister Kaja Kallas called on EU leaders to transfer frozen Russian assets to Ukraine to help rebuild and restore the country's economy.

Italy has unveiled a €5. 5 billion investment plan to strengthen relations with Africa, seeking to boost energy ties and address migration flows.

A Houthi missile hit the Trafigura tanker carrying Russian fuel in the Red Sea, causing a fire on board. Warships were sent to help the vessel.