The European Union has approved a new package of sanctions on Russia, including restrictions on banking and fuels made from Russian petroleum, and a revised oil price cap – the 18th raft of measures since the country’s full scale invasion of Ukraine.

The European Union did not approve the 18th Russia sanctions package on Tuesday, the EU's foreign chief Kaja Kallas said after a meeting with EU foreign ministers in Brussels.

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