Bloomberg: European Commission’s budget unit blocks 1.5 billion euro loan for Ukraine as ‘caution prevails over Ukraine’s urgent needs’

The U.S. Treasury Department issued a temporary license on March 12 to allow countries to purchase Russian oil currently stranded at sea, in an effort to stabilize global energy prices as the war with Iran drives markets higher.

The International Criminal Court has launched an investigation into alleged crimes against humanity by Belarus after Lithuania referred the case, saying some elements of the alleged crimes occurred on its territory.

Hungary returned two seized armored vehicles to Ukraine's Oschadbank on March 12 but is withholding cash and gold worth about $82 million amid an ongoing dispute between Budapest and Kyiv.

The Kyiv Independent has launched a fundraiser to support the recovery of George Ivanchenko, a 25-year-old Ukrainian photojournalist who lost his leg in a targeted Russian drone attack while reporting on the front line.

Saudi state oil giant Aramco is in talks with two Ukrainian drone makers about buying interceptor drones to protect oil infrastructure from Iranian attacks, according to the Wall Street Journal.

Presidents Zelensky and Dan agreed to expand cooperation in the energy and defense sectors, signaling closer ties between the neighboring countries.

Zelensky also said that the economy and energy ministries are expected to draft a program to provide financial assistance to Ukrainians due to increases in fuel prices caused by the U.S.-Israeli war against Iran.

Zelensky also said that the duration of Russia's war against Ukraine will depend on the strength of Western pressure on Moscow.

"We must try politely to establish contact with (the Ukrainian side)," Viktor Orban told the delegation. "If that doesn't work, we should request permission to go there ourselves and conduct an on-site inspection" of the Druzhba pipeline.

Videos circulating online appear to show multiple fires at the site, likely involving fuel storage tanks.

Russia launched 94 attack drones at Ukraine over the past day, the Air Force reported.