Oil prices are rising after a three-week decline on expectations of new EU sanctions against Russia and Ukrainian attacks on infrastructure. November Brent futures reached $67.06, and WTI — $63.02.
European Commission President Ursula von der Leyen believes that the probability of a Third World War is absent, but humanity lives in a very dangerous era. She emphasized the need to strengthen the EU's defense capabilities and its autonomy in security matters.
European Commission President Ursula von der Leyen will not run in Germany's 2027 presidential election, focusing instead on her current duties. In an interview, she also discussed the situation in Gaza and Israel's actions.
UK Chancellor Rachel Reeves will present a plan to use frozen Russian assets to fund a 'reparations loan' for Ukraine. This move could provide billions of pounds to support Ukraine's war effort.
A group of US senators has introduced a bill that expands sanctions against Russian energy, targeting the "shadow fleet" of oil tankers. The document also provides for sanctions against Russian liquefied natural gas projects in the Arctic.
Ukrainian President Volodymyr Zelenskyy welcomed the European Union's move towards adopting the 19th package of sanctions against Russia. He also welcomed the preparatory work on a mechanism for using revenues from frozen Russian assets to support Ukraine.
The European Union proposes a full ban on imports of Russian liquefied natural gas from January 1, 2027. The EU also proposes to ban transactions with more Russian banks and trade restrictions for companies in China and India.
European Commission President Ursula von der Leyen and EU foreign policy chief Kaja Kallas presented a new package of sanctions against Russia, covering energy, financial services, and trade restrictions. The import of Russian LNG is prohibited, and sanctions are also imposed against 118 shadow fleet vessels and large energy companies.
The European Commission has confirmed the adoption of a new package of sanctions against Russia. It will be presented by European Commission President Ursula von der Leyen and EU foreign policy chief Kaja Kallas this afternoon.
The European Union is discussing using frozen Russian assets for a "reparation loan" to Ukraine to avoid a Hungarian veto. This would allow Kyiv to receive compensation for war damages.
The European Union will present its 19th package of sanctions against Russia to member states on September 19. It will target cryptocurrencies, banks and energy.
Poland has called on EU countries to completely abandon imports of Russian oil by the end of 2026, two years earlier than planned. This decision will strengthen coherence and demonstrate determination to become independent of supplies that create political and strategic risks.
European governments and G7 allies are seeking to expand the use of frozen Russian assets to finance Ukraine. This comes amid pressure from Donald Trump and a change in Germany's position, which now supports maximizing the profitability of the funds.
The European Commission is proposing to the EU Council sanctions against radical Israeli settlers and ministers, as well as the suspension of trade concessions for Israel. This decision is a reaction to the escalating humanitarian crisis in Gaza and a call for an immediate ceasefire.
The European Commission is developing plans to use frozen Russian assets to provide €170 billion in reparations loans to Ukraine. These plans involve transferring Russian cash to Ukraine without formally seizing the assets.
Donald Trump sent a personal letter to Polish President Karol Nawrocki through the Polish embassy in Washington. The text of the document has not been disclosed, but the letter has already reached Poland through diplomatic channels.
The European Commission will soon present a new package of sanctions against Russia, covering cryptocurrencies, the banking sector, and energy. This will increase economic pressure on the Kremlin in coordination with the United States, accelerating the rejection of fossil fuel imports from the Russian Federation.
In early October, MEPs will once again vote on a motion of no confidence in European Commission President Ursula von der Leyen. Two requests came from right-wing and left-wing factions, criticizing her policies.
President Zelenskyy thanked Ursula von der Leyen for €6 billion for drone production in Ukraine. The use of frozen Russian assets and strengthening sanctions were discussed.
Israeli Foreign Minister Gideon Sa'ar condemned the EU's intentions to suspend bilateral support, calling it "unacceptable. " He stated that such a signal strengthens Hamas and the radical axis in the Middle East.
The European Union is considering the possibility of a faster cessation of Russian oil and gas imports. This is due to pressure from the United States, which demands a sharp increase in purchases of American LNG and the equalization of the trade balance.
Belgium may agree to riskier strategies to increase profits from frozen Russian assets if legal risks are distributed among all EU member states. About 190 billion euros of Russian sovereign assets are held in the Belgian Euroclear depository.
The European Commission is considering introducing age restrictions on social media use for teenagers under 16. This follows Australia's example, where similar rules will come into force in December.
Ursula von der Leyen proposes to suspend the EU-Israel Association Agreement. This decision is related to the IDF's actions in the Gaza Strip and the humanitarian crisis.
Ukraine received 1 billion euros in macro-financial assistance from the EU under the ERA Loans program. The funds were financed from the profits of frozen assets of the Russian Central Bank.
The European Union and Ukraine are establishing a "Drone Alliance" with €6 billion in funding from ERA to strengthen defense capabilities. The program aims to scale up the use of drones at the front and counter Russian superiority.
Hungarian Foreign Minister Péter Szijjártó denied reports about Donald Trump's demands to stop buying Russian oil. He emphasized that Hungary and Slovakia openly buy Russian oil due to infrastructural peculiarities.
European officials will visit the US on Monday to discuss economic pressure on Russia and new sanctions. This comes amid Trump's frustration with the war in Ukraine and his failed attempts to negotiate with Putin.
Belgium will not transfer blocked Russian funds, as this threatens its reputation as a financial center. Foreign Minister Maxime Prévot confirmed that asset confiscation is not an option for the country.
The European Union is sending a delegation to Washington to prepare new joint sanctions against Russia. European Council President António Costa confirmed increased pressure through further direct and secondary sanctions.
