Ukraine allies pledge to take Russian oil and gas off global market

In a significant move to intensify pressure on Russia, more than 20 nations supporting Ukraine have vowed to remove Russian oil and gas from the global market. The decision was announced during a summit in London, hosted by UK Prime Minister Sir Keir Starmer, who emphasized the coalition’s commitment to ‘choke off funding for Russia’s war machine.’ The UK and US recently imposed sanctions on Russia’s two largest oil companies, while the EU targeted Moscow’s liquefied natural gas (LNG) exports. Ukrainian President Volodymyr Zelensky, present at the summit, reiterated that sustained pressure on Russia is essential to ending the conflict. However, the summit did not result in announcements regarding long-range missile deliveries to Ukraine, a key request from Kyiv. Zelensky has long advocated for advanced missile systems, such as US-made Tomahawks, to strike strategic Russian military targets, including oil refineries and weapons depots. However, US President Donald Trump recently indicated reluctance to supply such weapons. Russian President Vladimir Putin issued a stark warning, stating that any use of such weapons against Russian territory would provoke an ‘overwhelming’ response. The London summit concluded with a joint plan to support Ukraine, including targeting Russia’s sovereign assets to unlock billions for Ukraine’s defense. EU leaders also pledged financial support for Ukraine over the next two years but stopped short of agreeing to use €140 billion in frozen Russian assets. The coalition further committed to bolstering Ukraine’s air defenses amid relentless Russian air strikes on civilian and energy infrastructure. Despite these pledges, the lack of concrete measures left some observers disappointed. Ukrainian civilians, meanwhile, expressed concerns over daily hardships, including power outages and water shortages, exacerbated by Russian attacks. The summit underscored the international community’s resolve to support Ukraine but highlighted the challenges in achieving a decisive end to the war.