Russia seems to be preparing a significant offensive in Ukraine as it is moving troops toward key positions on the front, the Financial Times reported on May 13, citing undisclosed Ukrainian intelligence officials.
President Volodymyr Zelensky said he will meet with Turkish President Recep Tayyip Erdogan in Ankara, but said both leaders are ready to fly to Istanbul if Russian President Vladimir Putin chooses to attend the talks there.
The number includes 1,240 casualties that Russian forces suffered over the past day.
Andriy Yermak, Zelensky's chief of staff, said that the new pontiff had a phone call with Zelensky on Monday, during which the pope expressed willingness to facilitate meetings between global leaders and vowed to support efforts for "a just and lasting peace."
"Contrary to Kremlin narratives, time is not on Russia’s side," reads a new report from the Stockholm Institute of Transition Economics (SITE).
In an interview with French broadcaster TF1 on May 13, Macron discussed new Russia sanctions and stationing French nuclear weapons in other European countries as a deterrent against Russia.
Performing their song "Bird of Pray," Ukrainian band Ziferblat passed the Eurovision semi-finals on May 13, qualifying Ukraine for the grand final on May 17.
Kremlin spokesperson Dmitry Peskov confirmed that a Russian delegation will be in Istanbul on May 15 for direct peace talks with Ukraine. Foreign Minister Sergey Lavrov and Putin’s foreign policy aide Yuri Ushakov will likely represent Russia.
The move follows Ukraine's ratification of the minerals agreement, deepening U.S.-Ukraine economic ties and signaling expanded U.S. involvement in Ukraine's long-term recovery.
"Ukraine has initiated a coordinated campaign to vilify Hungary in order to undermine our initiative to hold a poll on (Kyiv's) EU membership," Hungarian Prime Minister Viktor Orban said.
"Our people are going to be going there," U.S. President Donald Trump said.
The decision envisages an adjustment mechanism to keep the cap at 5% below the market price.
The measure is intended to limit Russia's ability to fund its aggression against Ukraine.
An embargo on Russian seaborne oil approved by the EU in June will take effect on Dec. 5.
Since Russian seaborne oil will be banned for EU countries, the price cap is a measure intended mostly for non-EU countries. Insurers for the oil market, which are mostly based in Europe, will be banned from dealing with Russian oil priced above the cap.
"The EU agreement on an oil price cap, coordinated with G7 and others, will reduce Russia's revenues significantly," European Commission President Ursula von der Leyen said on Dec. 2. "It will help us stabilize global energy prices, benefitting emerging economies around the world."
The price cap will also strengthen the effect of the bloc's sanctions against Russia following its invasion of Ukraine, von der Leyen added.
"Together with our partners, we stand united and firm in our opposition to Russia's atrocious war," von der Leyen stressed.
Earlier in November, EU diplomats discussed a price cap on Russian oil in the range of $65-70 per barrel.
On Nov. 28, Bloomberg reported, citing data provided by Argus Media Ltd., a publisher of commodity prices., that Russia's Urals crude oil fell to $51.96 a barrel at the Baltic Sea port of Primorsk — below the EU price cap.
Earlier the publication said Russia had already lost most of its oil market in the European Union's northern countries even before the EU embargo on Russian oil was set to take effect.
Russian oil shipments to northern Europe have fallen below 100,000 barrels a day, compared to 1.2 million barrels a day sent to the region's ports each day in early February, according to Bloomberg.
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