Moscow on Saturday denounced an international price cap imposed on Russian oil, calling it a “dangerous and illegitimate instrument”. The Group of Seven nations and Australia agreed a day earlier to cap the price they pay for Russian oil at $60 a barrel, though it’s unclear whether the move will seriously affect the country’s finances. Moscow in the short term, as the ceiling is close to the current price. prices.
The cap was good news but didn’t go far enough and would be better lowered to $30 a barrel “to destroy the enemy’s economy faster,” a presidential aide said. Andriy Yermak said on Saturday. Ukrainian President Volodymyr Zelensky made a similar call last month, calling a $60 cap an “artificial limit.”
Meanwhile, Ukrainian officials in Kherson announced on Saturday that they would temporarily allow residents to cross the Dnieper River from Russian-occupied territory into the Ukrainian-held regional capital due to “intensified hostilities” in the region. . The ban on crossing the river was to be lifted from Saturday to Monday during the day, the Kherson regional administration said on Telegram, with the river serving as an escape route for residents of the eastern bank. Russian shelling across the river to Kherson has intensified in recent days, following a relatively calm period in the city recently liberated by Ukrainian forces.
Here is the latest news on the war and its ripple effects around the world.
4. From our correspondents
After Kherson, the Ukrainian army is considering a further push to the south and east: After recent battlefield success, Ukraine could turn its attention to the Zaporizhzhia region and its southern front line less than 100 miles north of the Sea of Azov, where the Ukrainians are eager to cut a “land bridge” linking mainland Russia with Crimea – which Russia illegally annexed in 2014, write Samantha Schmidt and Serhii Korolchuk for The Post.
The Kremlin is also preparing for battle and building more fortified defensive positions on the muddy, flat fields of the region. “Everyone is talking about Zaporizhzhia. Everyone,” said military analyst Konrad Muzyka.
Kyiv also intends to liberate nearby towns such as Melitopol and Enerhodar, where the Zaporizhzhia nuclear power plant is located.