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Russia seeks sanctions relief and asset recovery in U.S. talks
Among the conditions for ending the war and restoring peace in Ukraine, Russia has demanded that the U.S. lift the freeze on its state assets and soften sanctions. The Moscow Times reports, citing a diplomatic source familiar with the Riyadh meeting, that Moscow is pushing for access to approximately $6 billion—part of the Central Bank's reserves invested in dollar assets prior to the war's onset. Western nations have sanctioned a total of $300 billion of the Central Bank's reserves, with …
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Russian forces employ 'human wave' tactics amid ongoing clashes near Pokrovsk
In a report from the southern flank of the Pokrovsk region, Russian forces are employing "human wave" tactics to assault Ukrainian Defense Force positions in small groups. They have been noted to rarely use armored vehicles during these attacks, reports press officer of the 32nd Mechanized Brigade of the Ukrainian Armed Forces, Oleksandr Bordian.
"We rarely see any machinery. Occasionally, they use equipment seized in temporarily occupied territories," Bordian stated. He recalled a specific …
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Ukrainian drone strike forces shutdown of Syzran oil refinery in strategic blow to Russian supply chain
In a series of strikes that continue to echo across Russian territories, the Syzran Oil Refinery has ceased operations following a drone attack believed to be carried out by Ukrainian forces. According to Andriy Kovalenko, head of the Center for Countering Disinformation with the National Security and Defense Council, the facility, which plays a pivotal role in the logistics of the Russian Armed Forces, processes 8.9 million tons of crude oil annually.
On the night of February 18-19, Ukrainian …
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Russia offers U.S. access to oil and Arctic resources
According to the head of the Russian Direct Investment Fund, American oil companies previously engaged in "very successful business" in Russia. Due to sanctions, they have incurred losses of around $300 billion, reports The Moscow Times.
The Kremlin has proposed a deal to President Donald Trump’s administration involving access to Russian natural resources. Kirill Dmitriev, head of the Russian Direct Investment Fund, stated that Russia is interested in joint projects with Americans in the …
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EU approves 16th sanctions package against Russia: targeting banks, media, and 'shadow fleet'
EU nations have greenlit a new wave of sanctions against Russia amid its ongoing military invasion of Ukraine. This marks the 16th sanctions package, set to take effect on February 24, 2025, coinciding with the third anniversary of Russia’s all-out war against Ukraine, according to Poland, the current holder of the EU Council presidency.
This latest round introduces more stringent measures: 13 additional Russian banks are set to be cut off from the SWIFT system. Furthermore, eight Russian …