The G7 nations are stepping up their game to tackle those buying more Russian oil since the Ukraine invasion. These countries, including the US, UK, and Germany, want to squeeze Russia's cash flow for the war. They're not just talking; they're planning actions. The group agreed to focus on countries and companies that are helping Russia get around sanctions. This in...
Ukraine has been hitting back at Russia in a big way. They recently attacked some of Russia's oil refineries. These refineries are super important because they help Russia make money for its war. The Ukrainian military shared some cool footage from drones and planes. It shows missiles flying and explosions happening. The attacks happened early Saturday morning. Two ...
Political pressure is mounting as U. S. President Donald Trump takes a firm stance against Russian oil imports. In a recent move, he urged NATO allies to halt all purchases of Russian oil, aiming to cripple Russia's economy and force an end to the Ukraine war. Trump's call to action comes with a twist: he insists that major sanctions on Russia should only be implemen...
The G7 finance ministers are set to meet in a Canadian mountain resort. This gathering might be more tense than usual. Why? Because of the tariffs put in place by the U. S. president. These tariffs could slow down economic growth in many of the countries attending, including Canada. The U. S. president has even suggested that Canada could become a state of the U. S. ...
The European Union and Britain have taken a bold step. They have imposed new sanctions on Russia. This move comes just a day after a phone call between Trump and Putin. The leaders talked about ending the war in Ukraine. However, the call did not produce any results. The new sanctions target Russia's "shadow fleet. " This fleet consists of around 200 ships. These sh...
In a recent development, Ukraine has used its drones to target a Russian oil depot. This incident happened in the city of Oryol, located approximately 230 miles from Moscow. The attack took place around midnight on Friday, with reports suggesting that drones hit storage tanks, causing explosions. The damage and any potential casualties are not yet known. Ukraine's m...