The head of U.S. intelligence says Russia’s war against Ukraine is running at a “reduced tempo” and suggests Ukrainian forces may have the upper hand in coming months.
In his nightly address on Saturday, Ukrainian President Volodymyr Zelenskyy lashed out at Western efforts to crimp Russia’s crucial oil industry, a key source of funds for Putin’s war machine, saying their $60-per-barrel price cap on imports of Russian oil was insufficient.
“It is not a serious decision to set such a limit for Russian prices, which is quite comfortable for the budget of the terrorist state,” Zelenskyy said, referring to Russia. He said the $60-per-barrel level would still allow Russia to bring in $100 billion in revenues per year. “This money will go not only to the war and not only to further sponsorship by Russia of other terrorist regimes and organisations. This money will be used for further destabilisation of those countries that are now trying to avoid serious decisions,” Zelenskyy said.Australia, Britain, Canada, Japan, the United States and the 27-nation European Union agreed Friday to cap what they would pay for Russian oil at $60 per barrel.
Russian authorities have rejected the price cap and threatened Saturday to stop supplying the nations that endorsed it. In yet another show of Western support for Ukraine’s efforts to battle back Russian forces and cope with fallout from the war, U.S. Under Secretary of State for Political Affairs Victoria Nuland on Saturday visited the operations of a Ukrainian aid group that provides support for internally displaced people in Ukraine, among her other visits with top Ukrainian officials.
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