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Sunday, December 14
Russia’s December oil and gas revenue set to drop to lowest level since 2020, Reuters reports
Russia’s oil and gas revenue in December is expected to be nearly half compared to the previous year, down to about 410 billion rubles ($5.17 billion), Reuters reported on Dec. 12.
Ukraine sanctions nearly 700 vessels tied to Russia’s 'shadow fleet'
President Volodymyr Zelensky announced on Dec. 13 that Ukraine’s sanctions against nearly 700 vessels linked to Russia’s shadow fleet had entered into force.
Sunday, December 14
Explosions reported at oil depot in occupied Crimea, several Russian energy sites amid Ukrainian drone attack
Explosions were reported at an oil depot near Simferopol in occupied Crimea, a chemical plant in the Russian city of Veliky Novgorod, and several energy sites, media reported late on Dec. 13.
Zelensky confirms meeting with US envoys, peace talks in coming days amid media reports
President Volodymyr Zelensky on Dec. 13 announced he will meet "with envoys" of U.S. President Donald Trump in the coming days as discussions on the U.S.-proposed peace framework aimed at ending Russia's war continue.
Belarus frees over 100 political prisoners, including Kalesnikava, Babaryka, Nobel prize winner Bialiatski, in sanctions deal with US
The U.S. lifted sanctions on Belarusian potash in exchange for the release of over 100 political prisoners in Belarus, many of whom were transferred to Ukraine.
Russian attack on Odesa damages critical infrastructure, leaving residents without power, water for days
A Russian airstrike on Odesa on Dec. 12 damaged infrastructure and left parts of the city without electricity and water, the head of the Odesa Military Administration, Serhiy Lysak, reported.
About Ukraine
The Kyiv Independent delivers reliable news, context, and on-the-ground reporting from Ukraine. The largest country located entirely in Europe, Ukrainian territory covers 603,628 square kilometers (233,062 square miles), and is bordered by bordered by seven countries, namely Russia, Belarus, Poland, Slovakia, Hungary, Romania, and Moldova. Ukraine traces its history back to the medieval state of Kyivan Rus.
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About the author: Olena Havrylchyk is a Professor of Economics at the University Paris 1 Panthéon-Sorbonne. The proposal to use immobilized Russian assets to finance a "reparation loan" for Ukraine will again be discussed at the next European Council meeting on Dec. 18 and 19. The purpose of this loan is to advance Russia’s future reparations in order to cover Ukraine’s reconstruction and recovery needs, which are estimated at 506 billion euros (nearly $589 billion). At the previous summit, B
