Overview

• Trump tied any new U.S. pressure on Moscow to allies halting purchases of Russian energy and argued that lower oil revenues would force the Kremlin to settle.
• He voiced frustration that the Ukraine war has been harder to resolve than expected and said the United States would help secure the peace once a settlement is reached.
• U.S. officials have discussed secondary tariffs of up to 100% on goods from major buyers of Russian oil such as China and India, a step described as contingent on coordinated action by partners.
• Ukraine reported fresh strikes on Russian energy infrastructure, including an oil processing complex and refineries, as part of a campaign to disrupt Moscow’s fuel supply.
• EU leaders advanced plans to speed a phase-out of Russian LNG and the bloc’s defense chief moved to convene talks on a ‘drone wall’ along the eastern border following recent incursions.