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The European Commission has proposed to ban selling oil tankers to Russia to slow down the country's growing hydrocarbon exports that bypass Western sanctions, Reuters reported on Nov. 17.
Any sales of tankers to a third country would include clauses forbidding the subsequent resale of ships to Russia or freighting Russian oil products in defiance of Western price caps, such as $60 per barrel of crude.
"The price cap mechanism relies on an attestation process that enables operators in the supply chain of sea-borne Russian oil to demonstrate that it has been purchased at or below the price cap," Reuters reported, citing the document.
Russia's hydrocarbon exports are a major source of the revenue it uses to maintain its war machine. After sanctions and import restrictions on Russian resources to Western markets, Russia has intensified the sale of oil to countries that haven't joined in, such as India and China.
Besides producing weapons and ammunition, oil revenue can also be used to pay competitive salaries to mercenaries and contract soldiers, enticing them to fight for against Ukraine.
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Tuesday, April 14
Norway and Ukraine signed a defense declaration on April 14 in Oslo aimed at deepening military cooperation, including joint drone production.
The International Monetary Fund slashed Ukraine's growth forecasts but raised Russia's on April 14.
(Updated: )
As of 1:56 p.m., Dnipropetrovsk Oblast Governor Oleksandr Hanzha said that 21 people had been hospitalized, including 10 in serious condition.
Ukraine has opened its first food processing and distribution center in Ghana, as Kyiv seeks to expand its agricultural exports and address the region's food crisis.
The Pechenihy reservoir plays a major role in supplying water to Kharkiv and surrounding settlements.
(Updated: )
"Now, more than ever before, we want to learn from one another," German Chancellor Friedrich Merz said.
The group tried to exploit poor weather conditions and limited visibility to breach Ukrainian defenses.
Russian forces launched 129 drones and four Kh-59/69 guided missiles against Ukraine overnight, the Air Force said. A total of 115 aerial targets were reportedly shot down, while 12 made it through, striking eight locations.
The number includes 820 casualties that Russian forces suffered over the past day.
A substation was struck by drones in occupied Zaporizhzhia Oblast, and explosions were heard in several cities across Crimea overnight on April 14, Telegram channel Exilenova Plus reported.
Spain and Belgium have pledged a combined 2 billion euros ($2.35 billion) in new military aid to Ukraine following recent defense talks, officials said.
Monday, April 13
"I am confident: either Ukraine will become an integral part of the European security system, or some in Europe risk becoming part of the 'Russian world,'" President Volodymyr Zelensky said in an address on Ukraine's defense industry.
(Updated: )
Trump's announcement raises questions about U.S. plans to waive sanctions on Russian oil, after the temporary waiver officially expired April 11.
