Overview

• The UK and EU announced sweeping sanctions against Russia, targeting its shadow oil fleet, military networks, and financial institutions supporting the ongoing war in Ukraine.
• President Trump dropped his push for an immediate 30-day ceasefire during a call with Vladimir Putin, signaling a shift toward bilateral negotiations between Kyiv and Moscow.
• Ukrainian President Zelensky accused Russia of stalling peace efforts to prolong its occupation and called for increased international pressure through sanctions.
• The Kremlin stated there is no timeline for drafting a peace memorandum, with both sides remaining entrenched in their demands, leaving the status quo unchanged.
• European leaders expressed disappointment in the lack of progress, emphasizing the need for tougher measures to counter Russia's resistance to meaningful negotiations.