Commentary On Nov. 24, 2022, a draft law to ban the Ukrainian Orthodox Church was registered in the Verkhovna Rada, the Ukrainian Parliament. According to Ukraine’s European Solidarity Party, the draft law prohibits all activity of any religious organisation that is somehow associated with, or accountable to, the Russian Orthodox Church “in canonical, organizational, and…
Separation of the Ukrainian and Russian Orthodox Church: Freedom of Religion in Times of War
Russia Ignores the West and Sells Oil at About 30 Percent Above Newly Imposed Price Cap
Russia’s ESPO oil blend from the port of Kozmino was selling for around $79 a barrel on Monday, nearly 32 percent higher than the $60 price cap enforced by a coalition of Western nations—a retaliatory measure to curb Moscow’s ability to finance its invasive war in Ukraine. The ESPO blend was trading in Asian markets…
Kyiv Slams French Proposal to Address Russian Security Fears Over the Expansion of NATO
December 5, 2022
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ArchivedEmmanuel MacronEuropeInternationalNATONewsRussiaRussia-Ukraine WarUkraineVictoria NulandWorld
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Kyiv has decried a French proposal to provide Russia with “security guarantees” aimed at addressing the latter’s longstanding concerns over further eastward expansion by the NATO alliance. According to Ukrainian officials, Moscow—not NATO—should provide security guarantees. “[The] civilized world needs ‘security guarantees’ from [the] barbaric intentions of post-Putin Russia,” Mykhailo Podolyak, an adviser to Ukrainian…
G7 Price Cap on Russian Oil Kicks In, Russia Will Only Sell at Market Price
December 5, 2022
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Business & Marketseconomic policieseconomyenergyEuropeG7Gold and CommoditiesMarketsOilRussia-Ukraine WarRussianUkraineWorld
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BRUSSELS—The Group of Seven price cap on Russian seaborne oil came into force on Monday as the West tries to limit Moscow’s ability to finance its war in Ukraine, but Russia has said it will not abide by the measure even if it has to cut production. The price cap, to be enforced by the…
Russia Says Oil Price Cap Won’t Stop It From Financing Ukraine War Effort
December 5, 2022
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Business & Marketscrisiseconomic policieseconomyenergyEuropeGold and CommoditiesMarketsOilRussiaRussia-Ukraine WarUkraineWorld
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LONDON—Russia said on Monday that a Western price cap on its oil would destabilize global energy markets but would not affect its ability to sustain what it calls its “special military operation” in Ukraine. Kremlin spokesman Dmitry Peskov said Russia was preparing its response to Friday’s move by the G7 and allies, which was aimed…
Russia Says ‘Dangerous’ Price Cap Won’t Curb Demand for Its Oil
December 3, 2022
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Business & Marketscapeconomic policieseconomyenergyEuropeGold and CommoditiesMarketsOilpriceRussiaRussia-Ukraine WarWorld
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Russia said on Saturday it would continue to find buyers for its oil, despite what it said was a “dangerous” attempt by Western governments to introduce a price cap on its oil exports. A coalition of Western countries led by the G7 group of nations agreed on Friday to cap the price of Russian seaborne…
European Union Agrees to $60 Russian Oil Price Cap
European Union member countries have agreed to a $60-per-barrel price cap on Russian oil in a bid to weaken the Kremlin’s ability to wage war in Ukraine, though Moscow has said the move is meaningless as it plans to keep charging buyers regular prices or cut them off. After a last-minute flurry of negotiations, the…
Moscow Rejects Biden’s Demand for Full Territorial Withdrawal
December 2, 2022
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ANKARAArchivedbidenEuropeInternationalNewsRussiaRussia-Ukraine WarSergei NaryshkinUkraineWilliam BurnsWorld
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The Kremlin has rejected U.S. President Joe Biden’s condition for holding bilateral talks—namely, the full withdrawal from Ukrainian territories incorporated by Russia two months ago. “President Putin was, is, and will be open to contacts for talks,” Kremlin spokesman Dmitry Peskov told reporters on Dec. 2. “Certainly, the preferred path for securing our interest is…
Putin Is Open to Talks and Diplomacy on Ukraine, Kremlin Says
MOSCOW—President Vladimir Putin is open to talks on a possible settlement to the conflict in Ukraine and believes in a diplomatic solution, the Kremlin said on Friday after Joe Biden suggested he was prepared to speak to the Russian leader. Biden, speaking beside French President Emmanuel Macron, said the only way to end the war…
Putin’s Spy Chief Says He Discussed Ukraine With CIA Director
Russian foreign intelligence chief Sergei Naryshkin said in an interview published on Wednesday that he discussed nuclear issues and Ukraine in a meeting earlier this month with U.S. Central Intelligence Agency Director William Burns. The two men met in Turkey on Nov. 14 in the highest-level face-to-face contact between the two sides since Russia invaded…
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