The European Union implemented its 17th sanctions package against Russia, targeting its covert oil exports via a "shadow fleet" of tankers. This aims to pressure President Putin into peace talks regarding the Ukraine war. The move follows a call between Presidents Trump and Putin, after which the White House softened its stance on demanding an immediate ceasefire. Uncertainty remains about the United States' future involvement in escalating sanctions against Russia.

Prepared by Rachel Morgan and reviewed by editorial team.