Overview
- Following a briefing from intelligence chief Oleh Ivashchenko, President Volodymyr Zelensky said initial assessments indicate recent oil-sector sanctions will strip Russia of at least $50 billion annually.
- Zelensky forecast that these losses would contribute to a Russian budget deficit of about $100 billion next year, with some Ukrainian estimates as high as $130 billion.
- Ukraine announced new national sanctions targeting individuals involved in Russia’s military production and propaganda and said the government has completed preparations to align the EU’s 19th package within Ukraine’s jurisdiction.
- Kyiv said it is submitting proposals for a 20th EU sanctions package and has established regular data-sharing with partners, urging full enforcement against Russia’s tanker fleet and energy companies.
- Ukrainian officials cited falling Urals prices and the availability of Arab oil supplies to stabilize markets, as the U.S. also sanctioned Rosneft and Lukoil to curb Moscow’s energy revenues.