Sanctions
Russian dictator Vladimir Putin signed a law that allows ignoring sentences of international criminal institutions if Russia did not participate in their creation. This law is an attempt to protect the Kremlin leadership from international responsibility for war crimes.
In December 2025, Ukraine carried out at least 24 attacks on Russian oil refineries, tankers, and pipeline infrastructure. These actions increased pressure on Russian exports and contributed to a reduction in petrodollars, a key source of war financing.
Russian railway company "RZD" plans to cut investments by a quarter by 2026 due to the collapse of freight traffic. This indicates deep structural risks for the Russian economy.
In December 2025, demand for "female beauty" services in Russia decreased by 25–30%, which was the worst indicator in a decade. This is due to the rising cost of living, increased tax burden, and the impact of the war against Ukraine.
In 2025, Ukraine attracted over $52. 4 billion in external aid, of which more than 70% came from frozen Russian assets. These funds allowed for the full provision of social and humanitarian expenditures, while domestic resources were directed to security and defense.
Russian pipeline gas exports to Europe in 2025 decreased by 44% to 18 billion cubic meters, which is the lowest figure since the mid-1970s. This happened after the closure of the Ukrainian route and the cessation of fossil fuel imports from Russia.
The CIA launched a drone strike on a port facility on Venezuela's coast, marking the first known US attack on a target inside the country. The strike targeted a remote dock that the US government believed was being used by a Venezuelan gang to store and move drugs.
Ukrainian President Volodymyr Zelenskyy stated that he does not trust Putin and sees no signs of his desire for peace, as Russia continues its attacks. He emphasized that pressure on Russia from the United States is necessary for peace negotiations.
Ukrainian President Volodymyr Zelenskyy stated that withdrawal from Donetsk, Luhansk, Zaporizhzhia, and Kherson regions contradicts the law and public opinion. The issue of territories remains a key disagreement in peace talks, despite 90% agreement on a 20-point plan.
Abramovich's representatives stated that the funds from the sale of Chelsea cannot be transferred to a charitable foundation to support Ukraine until the government of Jersey stops its investigation against him. This refers to 1.4 billion pounds sterling frozen in the account of Fordstam Ltd.
The Lithuanian authorities decided to extend until January 2, 2027, temporary restrictions on the transit by road of certain dual-use goods. This is done to prevent their use in the war against Ukraine and to strengthen European security.
President Donald Trump said the United States struck a "large target" in Venezuela as part of a campaign against alleged drug trafficking operations.
South Korean automaker Hyundai is unable to buy back its former plant in Russia, despite a buyback option that expires next month. The reason is the war in Ukraine and the associated sanctions, which make it impossible for the company to return to the Russian market.
Ukrainian President Volodymyr Zelenskyy stated that Ukraine is interested in receiving reparations from Russia for the restoration of the state. He announced that the issue of funds for reconstruction has already been resolved with the Europeans, and the first 100 billion dollars will arrive in equal tranches over two years.
The Cabinet of Ministers plans to consider Ihor Zelinskyi's candidacy for the position of head of the State Aviation Service, lobbied by Deputy Prime Minister Oleksiy Kuleba. This personnel decision raises serious questions given Zelinskyi's decisions made during his work in the leadership of the aviation regulator.
China has launched live-fire military exercises around Taiwan after the US announced a major arms package for the island. The exercises, dubbed "Mission Justice-2025," involve the army, navy, air force, and rocket forces, serving as a "stern warning" against separatist forces.
The Russian fashion industry has not capitalized on the departure of international brands, facing falling demand and store closures in 2024–2025. Instead of developing its own production, the market has been flooded with imported goods, and businesses are losing profitability.
President Volodymyr Zelenskyy said that much could be resolved in diplomacy before the New Year, and Ukraine is doing everything for this. He noted that decisions depend on partners, important sanctions and pressure on Russia, missiles for air defense, and the finalization of formats for ending the war and security guarantees.
President of Ukraine Volodymyr Zelenskyy signed decrees on synchronizing sanctions with Great Britain against 8 individuals and 40 legal entities involved in the deportation of children and the supply of components for Russian weapons. Ukraine also imposed sanctions against 8 military leaders of South Sudan in accordance with UN Security Council resolutions.
The Russian Federation has officially extended the temporary restriction on gasoline exports outside the country until February 28. This decision is aimed at maintaining stability in the domestic fuel market.
The Foreign Intelligence Service of Ukraine reports that the Russian financial system is entering a phase of controlled chaos, losing transparency and control. Starting from 2027, Russian financial companies will publish only depersonalized data on ownership structure, and regular income declarations for civil servants will be abolished.
World oil prices for Brent and WTI fell by more than 2% due to expectations of a significant supply surplus in 2026 and US diplomatic activity. Traders are selling off contracts ahead of the Zelenskyy-Trump meeting, where a peace plan will be discussed.
Ukraine's Ministry of Energy declared legally null and void the decision of Russia's "Rostekhnadzor" to issue a "license" for the operation of the occupied ZNPP power unit.
Maduro authorized the release of 99 participants in the 2024 anti-government protests. This came after Donald Trump intensified the naval blockade and called for the country's leader to resign.
China announced sanctions against 20 US defense companies and 10 top executives over arms sales to Taiwan. The sanctions include freezing the companies' assets in China and banning individuals from doing business.
The presidents of Ukraine and the United States, Volodymyr Zelenskyy and Donald Trump, will meet in Florida to discuss a peace plan. Most elements of the agreement, including security guarantees, have already been agreed upon between Ukraine and the US, and the Russians have agreed that a ceasefire is needed for a referendum.
Russia has almost doubled its exports of liquefied petroleum gas (LPG) to Central Asia and Afghanistan, reaching 1. 016 million metric tons from January to November 2025. This happened after the EU imposed restrictions on the import of Russian propane and butane in December 2024.
Iranian forces seized a foreign oil tanker in the Strait of Hormuz, carrying approximately 4 million liters of smuggled fuel. 16 foreign crew members were detained, their nationalities were not disclosed.
Russia and Kazakhstan have postponed the first launch of the Soyuz-5 launch vehicle as part of the joint Baiterek space project for additional system checks. The Baiterek program is in its final stages, and the launch was delayed due to falling behind schedule and sanctions.
Silver hit $75 for the first time on Friday, with gold and platinum also setting record highs. This occurred amid speculative bets, expectations of US interest rate cuts, and rising geopolitical tensions.