Ukraine-Russia News
LAST UPDATE: May 22, 2025
UK Urges Cut to Russian Oil Price Cap at G7 to Pressure Putin
The UK has called on G7 allies to lower the $60-per-barrel price cap on Russian oil to increase economic pressure on Russia amid its ongoing war in Ukraine.
Insight
This move reflects the UK’s strategy to intensify financial constraints on Russia, aiming to reduce its revenue from oil exports and hasten the end of the conflict.
EU parliament approves tariffs on Russian fertiliser
The European Parliament approved significant tariff increases on nitrogen-based fertilisers and certain agricultural imports from Russia and Belarus, set to begin on July 1, 2025.
Insight
These measures aim to safeguard EU food security and diminish financial resources available to Russia for its war in Ukraine, while promoting domestic production and supply diversification.
US Senate push for new Russia sanctions gains support
A bipartisan bill in the US Senate seeking to impose extensive new sanctions on Russia over its war in Ukraine has gained support from over 80 senators.
Insight
The strong bipartisan backing indicates a unified legislative effort to increase economic pressure on Russia, potentially leading to significant impacts on its economy and global trade relations.
Trump Tells European Leaders in Private That Putin Isn’t Ready to End War
President Trump privately acknowledged to European leaders that Russian President Putin is not ready to end the war in Ukraine, suggesting that Putin believes he’s winning.
Insight
This admission marks a shift from Trump’s earlier public statements and indicates a potential reevaluation of US strategy regarding the conflict, possibly affecting international diplomatic efforts.
