Japanese Prime Minister Fumio Kishida said that G7 leaders discussed ways to set a maximum price limit for Russian oil at a level twice lower than its current value during a summit in late June. The official added that the leaders plan to install a mechanism that will not allow Russia to sell it at a higher price than the limit set by G7.
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Ukrainian drones reportedly target key logistics hub in southwestern Russia
While Belgrade has not joined EU sanctions against Moscow, the decision reflects economic pragmatism rather than political alignment, Serbian European Integration Minister Nemanja Starovic said.
Ukraine needs to cover a $40 billion annual deficit, while domestic military production – namely missiles, drones, and electronic warfare systems – requires $25 billion yearly to operate properly, the president told journalists in Kyiv.
"We're looking at that whole situation. It could be that we'll have to impose secondary sanctions on you," he said, adding "maybe" when asked whether they could come sooner than 50 days.
Interceptors are designed to detect, track, and neutralize other drones or aerial threats — a capability Ukraine sees as increasingly vital to defend cities from Russian barrages.
Ukraine had aimed to receive 4.5 billion euros ($5.2 billion) in the fourth installment, the largest so far, but will instead receive 3.05 billion euros ($3.5 billion).
"This week, by holding talks with Putin and Trump, we will strive to see if we can bring these leaders together in Istanbul," Turkish President Recep Tayyip Erdogan said.
The strike occurred at around 11:40 a.m. local time, targeting the Industrialnyi district of the city.
The move reportedly caused front-line units to lose connectivity, disabling drones and disrupting artillery coordination.
Ukraine’s Western allies have imposed sweeping sanctions on Russia since its full-scale war, but its economy has not crashed yet – why?
Dmitry Peskov's statement comes as the 50-day deadline approaches for U.S. President Donald Trump to potentially impose sanctions on Moscow if Russia fails to agree to a peace deal.
The news comes as Zelensky earlier announced a "win-win" deal, under which Washington would purchase Ukrainian-made drones in exchange for Kyiv acquiring U.S. weapons.
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