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EU prepares capital controls, tariffs on Russia in case Hungary blocks sanctions, FT reports
The sanctions will expire at the end of July unless all 27 EU member states agree to extend them.

Zelensky will only meet with Putin in Istanbul, lower-level talks pointless, aide says
President Volodymyr Zelensky would not meet any other Russian official apart from Russian President Vladimir Putin in Istanbul this week, presidential advisor Mykhailo Podolyak said on the Breakfast Show program on May 13.

Russian attacks across Ukraine kill 2, injure 7 over past day
Ukrainian air defenses shot down all 10 drones launched by Russia overnight, according to Ukraine's Air Force.

Europe awaits potential Zelensky-Putin meeting before pushing for new US sanctions on Russia, Bloomberg reports
U.S. and European officials held talks on May 12, during which Washington made it clear that it wanted to allow talks between Russia and Ukraine before increasing pressure on Vladimir Putin, sources told Bloomberg.

Trump 'issued an ultimatum' to Ukraine, Russia to advance peace talks or face US exit, Witkoff says
According to Steve Witkoff, the key topics in the peace discussions are the fate of the five partially or fully occupied Ukrainian regions, the status of the Russian-occupied Zaporizhzhia Nuclear Power Plant, and Ukraine's access to the Dnipro River and the Black Sea.

Syrian leader reportedly proposes Ukraine-style minerals deal to Trump to ease sanctions
Syrian President Ahmed Al-Sharaa is reportedly offering a deal that would give U.S. companies access to Syria's natural wealth, reminiscent of the minerals agreement Washington recently signed with Kyiv.

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BRUSSELS — After years of reducing its reliance on Russian gas, the European Union is moving to turn off the taps completely within the next two years. The European Commission (EC) on May 6 presented a detailed roadmap to fully sever the European Union’s energy dependence on Russia by 2027. Energy Commissioner Dan Jorgensen struck a defiant tone when announcing the plan: "No more shall Euros go into (Russia’s) war chest. Your gas will be banned. Your shadow fleet will be stopped." The plan ha
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