Gentiloni: “We will arrive at an oil embargo”

AGI – “To save the people who are in the underground areas of Azovstal, including women and children, we must maintain the ceasefire”: Ukrainian president Volodymyr Zelensky said in a video, adding that “the Ukrainian side is ready ” to do it. “It takes time to get people out of these dungeons,” Zelensky stressed.

For the next three days, the Russian Armed Forces will open a humanitarian corridor in the territory of the Azovstal steel plant in Mariupol “to evacuate civilians”. The decision was announced by the Russian headquarters for the humanitarian response and disseminated by the Tass agency.

On 5, 6 and 7 May, therefore, “military activities will cease” and military units “will be withdrawn at a safe distance”, assures the Russian army, adding that the outgoing civilians will be able to choose any direction, both towards the territory of the Russian Federation and both in areas controlled by the Kiev authorities.



  • 11:26

    Kiev: the Russians have resumed attack on Azovstal

    “With the support of aviation, Russia has resumed the offensive to control Azovstal”: this is how a note from the Kiev authorities reads, released at the same time as a ceasefire announced by Moscow should begin.
    An Azov battalion commander said yesterday that Russian troops have entered the steel mill and that “bloody fighting” is underway. “The situation is extremely difficult but despite everything we continue to fight and resist”, added the commander.



  • 10:46

    Gentiloni: “We will reach an oil embargo; it cannot be done in 24 hours”

    “I think we will arrive at a common path also on the decision to gradually arrive at the embargo on oil”, “our proposal is to reach an embargo between 6 and 9 months, because becoming independent from Russian oil is a path that does not it is done in 24 hours and because doing it in 24 hours could also have an impact on oil prices at an international level, paradoxically contradicting our objectives “. This was stated by the European Commissioner for Economy, Paolo Gentiloni, in the webinar of the newspaper Il Messaggero. “The issue is on the table, to become independent by the end of the year and in some respects already in the autumn. I think we will come to agree on a common path that will be challenging for our economies”, he said. “Those who say that the sanctions are not effective in my opinion are mistaken”, he specified. But “ours will also slow down because we are not in the situation we were in in January”, he pointed out.



  • 10:31

    Michel, we have always found an agreement with Hungary

    “Systematically in the past there are concerns that we would not be able to be united. And systematically we have been able to adopt a united position. This, of course, has required some negotiations, talks, decisions. We need the support of the 27. governments “. This was stated by the President of the European Council, Charles Michel, in response to a question about Hungary’s threat to veto the sixth package of sanctions that includes an embargo on Russian oil. “A few weeks ago I publicly told the European Parliament that sooner or later oil and gas would be part of the sanctions. This is an important step”, added Michel who assured that he was “at work with colleagues in the Council” for ” to have a united position in the short term “on the package presented by the Commission.



  • 10:31

    Italy donated 45 fire brigade vehicles to Kiev

    Italy donated 45 fire brigade vehicles to Ukraine. “The crucial equipment has just arrived at the EU logistics hub in Slovakia, from where it will be shipped to Ukraine. The delivery was coordinated by our EU mechanism for civil protection”, explains the European Commission in a tweet. .



  • 09:15

    Bombing in Lugansk, “at least 5 civilians dead”

    At least five civilians have died in the bombings that hit the Lugansk region in the past few hours, the head of the region’s military administration, Sergiy Haidai, reports on Telegram. “The enemy has launched 24 devastating attacks on peaceful civilians in the region,” writes Haidai, “so far five bodies have been found and identified.”



  • 08:20

    Unicredit CEO admits: exiting the Russian market is complicated

    “The exit from Russia is complicated, we are considering every option”. This was stated by the CEO. of Unicredit, Andrea Orcel, during the call with the agencies, adding that “we will communicate things when we do them, not while they are in progress”. The institute, the CEO added, reduced its exposure to Russia by € 2 billion “at minimal cost”. In the most recent assessment – Orcel explained – the extreme scenario of maximum loss on Russia amounts to 5.2 billion euros compared to an overall exposure at the end of April of 7 billion. “The reduction in exposure to Russia – he said was partly done through an asset swap with Russian counterparties not subject to sanctions, but these opportunities are diminishing as more and more counterparties are subject to sanctions.”



  • 08:07

    Kiev, settlements in Mykolaiv and Kherson regained

    In the past few hours, Ukrainian forces have repelled 11 Russian attacks in Donetsk and Lugansk and liberated some settlements on the borders of the Mykolaiv and Kherson regions. It can be read in the bulletin of the Ukrainian General Staff. Furthermore, according to the Kiev army, in the last 24 hours the Ukrainian anti-aircraft has shot down four Russian drones, three missiles and two Su-30 aircraft.



  • 07:50

    Kiev, 6 injured in night bombing of Kramatorsk

    Russian airstrikes struck Kramatorsk, a city in Donetsk oblast still in the hands of the Ukrainians, during the night, causing six injuries. This was stated by the mayor of Kramatorsk, Oleksandr Honcharenko, according to which a residential area was hit and at least three buildings, a school and a kindergarten were damaged.



  • 07:44

    Gb, Minsk exercises are routine, no threats

    The ongoing military exercises in Belarus appear routine and at the moment there is no sign of a possible entry of Minsk, a close ally of Moscow, into the conflict in Ukraine. This is what we read in the latest British military intelligence bulletin. “Belarusian ground forces have been observed lining up from the garrisons to the camp for exercises,” the bulletin reads, “this is in line with the seasonal norm, with Belarus entering the peak of its winter training cycle in May. “. “There are currently no plans for deviations from normal exercise activity that could pose a threat to allies and partners,” explain the London 007s. “Russia will probably try to inflate the threat posed to Ukraine by these exercises in order to keep Ukrainian forces in the north in place, preventing them from engaging in the battle for the Donbass,” explains the London Defense. Yesterday Andriy Demchenko, spokesman for the Ukrainian border guards, said that Kiev is ready in case of Minsk intervention in the conflict. “We do not rule out that the Russian Federation may at some point use the territory of Belarus, the armed forces of the Republic of Belarus, against Ukraine,” said Demchenko, “so we are ready”.



  • 07:24

    The proposed EU embargo raises the price of oil

    Oil prices are traveling positive, after the EU made its proposal on new sanctions against Russia, including an embargo on crude oil for six months, thus compensating for investor concerns about Chinese demand. Brent crude futures are up 0.5% to $ 110.74 a barrel while US WTI crude futures are up 0.4% to $ 108.21 a barrel. The sanctions proposed by Brussels include the gradual elimination of supplies of Russian crude oil by the end of 2022. Meanwhile, OPEC + is meeting today and should agree on an increase of 432,000 barrels per day (bpd) in June. The organization’s secretary general, Mohammad Barkindo, reiterated that it is not possible for other manufacturers to replace Russian supply, but expressed concerns about the slowdown in demand from the world’s largest importer, China, due to the lockdowns.



  • 07:18

    NYT, US intelligence helps kill Russian generals

    The United States assisted the Ukrainian army with intelligence information to kill numerous Russian generals engaged in the invasion of Ukraine. This was reported by the New York Times according to which about ten Moscow generals were killed by the armed forces of Kiev. “The United States is providing information on the battlefield to help Ukrainians defend their country. We are not providing information with the intent of killing Russian generals,” NSC spokeswoman Adrienne Watson told AFP. The heavy loss of high-ranking Russian military officers stunned Western security officials, who reported seven generals killed in late March, although Ukraine has claimed more of them since then.



  • 04:16

    Anti-aircraft sirens sound all over the country

    Air raid sirens went off tonight across Ukraine: in Kiev and Kharkiv, as well as in Dnipropetrovsk, Donetsk, Khmelnytsky, Cherkasy, Zhytomyr, Poltava, Ivano-Frankivsk, Kirovohrad, Vinnytsia, Volyn, Chernivtsi oblasts, Zakarpattia, Mykolaiv, Lviv, Ternopil, Odesa and Zaporizhzhia. ‘The Kyiv Independent’ reports it.



  • 02:38

    Russia simulated the launch of nuclear missiles

    The Russian army simulated the launch of nuclear missiles in the Kaliningrad enclave, located between Poland and Lithuania. This was stated by the Russian Defense Ministry specifying that the combat units used also carried out “operations in conditions of radiation and chemical contamination”. Russia put its nuclear forces on alert shortly after the invasion of Ukraine on February 24th.



  • 00:35

    Zelensky, the day of liberation is near

    “No one can say how many more days this war will go on. But I believe the day of our liberation is approaching.” This was stated by the president of Ukraine, Volodymyr Zelensky, in a speech to Denmark broadcast on the day of the 77th anniversary of the country’s liberation from Germany. “The Russian state – he added – is not ready to stop the war. They are dreaming of capturing Ukraine and other European countries. They are still dreaming that Europe’s freedom will disappear, but their dreams will not come true. The dream of peace will have to become a reality just as it happened 77 years ago, “Zelensky continued.

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    Gentiloni: “We will arrive at an oil embargo”


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