The EU rejected Ukraine’s request for early access to part of a €90bn loan, keeping focus on Europe’s war-financing burden.
Attacks on Wildberries warehouses in Russia disrupt logistics near St. Petersburg, Tver, and Crimea, raising concerns for UK and European supply chains and market stability.
The IMF has approved a €604 million tranche to Ukraine under its EFF program, supporting economic stability amid war and reform delays, with implications for UK and European markets.
Drone debris caused a fire at a key Russian oil depot near Krasnodar amid widespread UAV attacks on Crimean energy infrastructure, raising concerns for European energy markets.
Bulgaria plans to veto the EU’s new Russia sanctions, citing risks to its energy sector and economy, raising concerns for UK and European markets and sterling stability.
The US will not renew sanctions exemptions allowing purchases of Russian and Iranian oil cargos at sea, impacting UK and European energy markets and supply dynamics.