Sanctions

US President Donald Trump announced his intention to regain control over oil rights in Venezuela, which, according to him, were lost. He noted that Venezuela illegally seized land and oil rights from American companies.

Venezuelan authorities have instructed the navy to escort oil product tankers. This could escalate tensions with the United States amid Donald Trump's statements about blocking the country's oil industry.

The US presidential administration has temporarily suspended sanctions against several Russian banks involved in settlements in the civilian nuclear energy sector. Financial transactions are permitted until June 18, 2026, for projects initiated before November 21, 2024.

FIFA has approved a record budget of $727 million for the 2026 World Cup, a 50% increase from the previous tournament. The champion will receive $50 million, while group stage participants will each get $9 million.

Silver prices have reached a new all-time high, surpassing the $65 per ounce mark, making it the best annual performance in history. The surge is driven by supply shortages, growing demand from high-tech industries, and the inclusion of silver on the US list of critical minerals.

This weekend, American and Russian officials will meet in Miami to discuss ways to end the war in Ukraine. The Trump administration is increasing pressure on Kyiv regarding territorial concessions.

Oil company PDVSA has resumed loading crude oil and fuel after a three-day pause caused by a cyberattack. Fuel exports remain blocked due to Washington's strict policies and fears of asset seizure. Crude exports have sharply fallen compared to 900,000 barrels per day in November.

Turkey is negotiating with Russia to return the S-400 systems to resolve the conflict with NATO and acquire F-35 fighters. This will allow Ankara to resume military cooperation with the West and strengthen its air force.

The President of Mexico is ready to mediate negotiations between the US and Venezuela to prevent a regional conflict. This happened after Donald Trump imposed a blockade on oil tankers and increased military presence in the region.

The Danube Commission has decided to create a Register of Damages from Russian aggression on the Lower Danube. This will ensure systematic collection of data on the damages caused and their transfer to the Council of Europe and the EU for compensation.

The Verkhovna Rada of Ukraine appealed to UEFA and European governments with a demand for a complete ban on the participation of Belarusian national teams and clubs in international tournaments. It is also proposed to restrict the entry of Belarusian athletes until the restoration of Ukraine's sovereignty.

Ukrainian President Volodymyr Zelenskyy stated that Moscow is preparing next year as a year of war, and these are signals not only for Ukraine. He emphasized the need for partners, particularly the US, to react to this rhetoric, which undermines diplomacy.

FIFA has announced the launch of a new competition for players under 15, open to all 211 member associations. This decision effectively lays the groundwork for the return of Russian teams to world football after their suspension in 2022 due to aggression against Ukraine.

German Chancellor Friedrich Merz emphasized the importance of the EU's plan to use frozen Russian assets to finance Ukraine's defense. This will increase pressure on Putin and accelerate the end of the war, despite some countries' fears of possible reprisals.

Serbian President Aleksandar Vučić stated that his country will not participate in the meeting of EU leaders with their counterparts from the Western Balkans. This is Vučić's personal decision, who claims to be protecting the interests of Serbia, which has made little progress in its bid to join the EU.

Belgium has appealed to the EU with a proposal to activate an emergency provision for issuing joint debt to finance Ukraine's war efforts.

Trump ordered a full blockade of all sanctioned Venezuelan oil tankers. Caracas condemned the move as an open act of aggression, while Trump accused the government of Nicolas Maduro of drug trafficking and human trafficking.

Orban announced that Moscow was preparing a "harsh response" to the EU's decision on the use of frozen Russian assets. He stated that he had personal communication with Vladimir Putin.

European Council President António Costa stated that the EU will not impose a reparation loan for Ukraine at the leaders' summit if Belgium opposes it. This is a departure from his previous position, where he noted that the scheme only required a qualified majority.

Italian Prime Minister Giorgia Meloni said that using frozen Russian assets to finance Ukraine is a “far from easy” task. She emphasized the need for a strong legal basis and avoiding open-ended commitments for countries.

The United Kingdom will officially issue an order to transfer £2. 5 billion from the sale of Chelsea FC for humanitarian purposes in Ukraine. Prime Minister Keir Starmer stated that this is Roman Abramovich's last chance to fulfill his obligations, otherwise legal action will be taken.

The Ministry of Foreign Affairs of Ukraine welcomes the decision of the San Francisco International Wine Competition to disqualify 15 Russian wineries from the 2025 competition. Their wines will be disposed of due to violations of US sanctions legislation imposed in response to Russia's full-scale invasion of Ukraine.

The European Parliament has finally approved a phased rejection of Russian gas imports by the end of 2027. The ban on imports of Russian liquefied natural gas on the EU spot market will come into effect at the beginning of 2026, and pipeline gas imports will cease by September 30, 2027.

ICU, a company that served the circles of Yanukovych and Poroshenko, avoids investigations despite working with sanctioned individuals and Russian state banks. Serhiy Lyamets, former editor of "Ekonomichna Pravda," believes that only the US and EU can investigate ICU's financial operations.

European Commission President Ursula von der Leyen announced the possibility of financial support for Ukraine through the issuance of joint EU debt, as an alternative to using frozen Russian sovereign assets. This comes ahead of a meeting of EU leaders where ways to finance Ukraine will be discussed amid its expected deficit of 135 billion euros by 2027.

The US is considering new sanctions against Russia's energy sector, including its "shadow fleet" of tankers, if Putin rejects a peace deal with Ukraine. These measures could be announced as early as this week, as discussed by US Treasury Secretary Scott Bessent with European ambassadors.

Rating agency Fitch has placed Euroclear Bank's ratings on Rating Watch Negative due to EU plans to use frozen Russian assets for a 'reparations' loan to Ukraine. This could lead to increased legal and liquidity risks for Euroclear.

The European Commission is trying to persuade Belgian Prime Minister Bart De Wever to support a proposed loan to Ukraine, financed by immobilized Russian assets. De Wever expresses concerns about the risks to the Belgian economy if Russia tries to reclaim the assets.

The EU leaders' summit on Thursday will test whether the bloc can hold together or whether US President Donald Trump can divide it. Officials of the Trump administration have been pushing European governments to reject a plan to use 210 billion euros of Russian assets to finance Ukraine.

American lawmakers have introduced a bipartisan bill that provides for sanctions against the purchase or facilitation of imports of Russian oil. The document creates a legal framework for increasing sanctions pressure on Russia's oil revenues.