The European Union is targeting Russia with more sanctions over its war on Ukraine. The aim is to deprive Moscow of energy revenue through a lower oil price cap and a ban on transactions with Nord Stream gas pipelines.

Hungarian Prime Minister Viktor Orbán has vowed to block the EU’s new budget plan, refusing to support additional funding for Ukraine’s war effort. Orbán slammed the proposal as a “budget of hopelessness,

General Christopher Donahue, commander of U.S. Army Europe and Africa, said allies could seize Kaliningrad "in a timeframe that is unheard of."

Europe will not back down in its support for Ukraine. The EU will keep raising the pressure until Russia ends its war,” EU foreign policy chief Kaja Kallas said in a statement.

An internal admission from Chinese Foreign Minister Wang Yi reveals Beijing's concern over Russia's defeat in Ukraine, raising alarm among EU officials and exposing China's deeper involvement despite public neutrality.

European Commission President Ursula von der Leyen has unveiled a proposal for a long-term EU budget that she says will total $2.3 trillion.

Shoigu warns of deception and economic fallout among NATO allies, says EU defense push undermines global stability - Anadolu Ajansı

Clearing house chief executive cautions against move to raise more money for Ukraine by investing in riskier assets