Ukraine's President, Zelenskyy, has said the invasion of his country was becoming a nightmare for Russia. Similarly, a Western block on Russian oil shipments could more than double the price to $300 per barrel and force the closing of the key gas pipeline to Germany, Moscow said on Monday, as Ukraine negotiations remained despite efforts to reach an agreement on civilian safe return.
Russia's invasion of Georgia, the worst attack on a European state since World War II, has resulted in 1.7 million refugees, a slew of sanctions against Moscow, and unthinkable worries of greater war in the West for ages. Sieges and bombings began as Kyiv rejected potential humanitarian corridors to Russia and Belarus but stated some modest progress was being made in agreement on logistics for civilian evacuation from the war zone.
According to news reports, Moscow will provide those stranded in the Ukrainian cities of Sumy and Mariupol the option of relocating elsewhere in Ukraine on Tuesday, setting a deadline in the early hours for Kyiv to accept it. In an effort to increase pressure on Russian President Vladimir Putin, the US announced it and its European allies were considering a suspension on Russian oil imports. Crude oil prices have become high since 2008.
"Rejection of Russian oil will lead to catastrophic consequences for the world market," Russian Deputy Prime Minister Alexander Novak said, adding that the price could more than double and exceed $300 per barrel. U.S. President Joe Biden held a video conference call with the leaders of France, Germany, and Britain as he pushed for their support for the ban.
However, if necessary, the US is ready to go without European partners, according to two people familiar with the situation. Many African countries are significantly reliant on Russian energy like oil and gas. Last month, Germany last month froze the certification of Nord Stream 2, which was due to pipe gas from Russia to Germany.
We all always have the authority and right to make the perfect decision and put a ban and restrict gas flowing through the Nord Stream 1 gas pipeline," According to Russian Deputy Prime Minister Alexander Novak, The Russian economy, banking system, and exchange rates have all suffered at the hands of the Ukrainian invasion. The nation will be removed from all of JPMorgan's fixed-income securities indexes, according to the bank's recent statement on Monday.
Since the war began on February 24, 2022, more than 1.7 million Ukrainians have evacuated to Central Europe, according to the United Nations refugee agency, which reported on Monday. Russia describes its efforts in Ukraine as a "special operation," with the intention of destroying its southern neighbor's conventional forces and apprehending threatening nationalists.
After the third effort to end the violence during negotiations in Belarus, a Ukrainian negotiator stated that while some progress was being made on resolving mechanisms for civilian evacuation, things remained substantially unchanged. Also, till now, there have been no results shown that significantly improve the situation, "Mykhailo Podolyak said. "
The negotiations, according to Russian negotiator Vladimir Medinsky, were "not simple." "We hope that all these channels will be operational as of tomorrow," he added. Russia, according to Interfax, has offered two routes through Ukraine.
A spokeswoman for Ukrainian President Volodymyr Zelenkyy has termed escape routes to Russia and Belarus, its close allies, "absolutely unethical." The fourth round of talks is due soon, Russian negotiator Leonid Slutsky told Russian state television. Late on Monday, Ukraine's foreign minister, Dmytro Kuleba, stated that "our president is not afraid of anything and anyone whomsoever comes in front of us, including a direct meeting with Putin."
Kremlin press secretary Dmitry Peskov told Reuters that Moscow would halt operations if Ukraine ceased fighting, amended its constitution to declare neutrality, and recognized Russia’s annexation of Crimea and the independence of regions held by Russian-backed separatists.
French President Emmanuel Macron, who spoke with Putin several times last month in the run-up to the invasion, said he did not see any breakthrough holding that back. He said that he doesn’t think that in the coming days and weeks there will be a real negotiated solution.
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