[New] Ukraine faces a USD65bn funding gap across 2026-27, with only about half of next year's financing clearly identified.
Ashmore Group
[New] A budget that will ensure Europe's capacity to meet the demands of a world of crises as demonstrated again today for the financing of Ukraine.
Enlargement and Eastern Neighbourhood
[New] To the East, Europe faces the possible surrender of Ukraine due to the US ending support, which will likely embolden Russia to prepare for an invasion of the European Union in the coming years.
Gulf Stream Blues
[New] European markets fared better, with Poland's equity markets surging on hopes of a resolution to the Ukraine conflict.
FPG Fortune Prime Global
[New] The West Texas Intermediate (WTI) futures price dropped $1.75 per barrel or 3% amid fears that the Ukraine-Russia war might be ending, which would likely lead to sanctions relief for Russia's oil exports.
Energy Musings
[New] Significant reductions in foreign aid have led to major disruptions in health programs, particularly in conflict-riddled areas such as Gaza and Ukraine.
OpenTools
[New] Oil fell as investors assessed a step forward in Ukraine peace talks which could lead to a deal that allows more Russian oil into global markets.
Energy Connects
[New] Russia has repeatedly said it was prepared to continue fighting in Ukraine if no peace deal were reached, saying it was confident it could achieve its war aims through military means.
The Guardian
[New] Because of Hungary's veto on Ukraine - despite several attempts for compromise - the formal text expected to be adopted by the General Affairs Council was rejected and transformed into Presidency's conclusions.
The New Union Post
[New] Moscow will seek key changes to the US-Ukraine plan, including more restrictions on Kiev's military.
financialpost
[New] Recent licensing from Russian authorities aimed at restarting one reactor has been labeled illegal by Ukraine, which fears potential nuclear accidents.
Modern Diplomacy
[New] As the war in Ukraine stretched into its fourth year, the Kremlin began to view probiv less as a tolerated convenience and more as a threat.
The Guardian
[New] The prospect of further meetings may signal that more concrete proposals or agreements could emerge soon, potentially influencing the dynamics between Russia and Ukraine.
investing.com
[New] Ukraine might need to settle for a middle path - not recognising Russian-occupied regions officially while acknowledging that it does not actually control them.
Al Jazeera
[New] Ukraine continues to resist pressure to introduce constitutional amendments explicitly stating that it will stay neutral and not seek NATO membership.
Al Jazeera
[New] Significantly, the US agreed to NATO-level security guarantees for Ukraine - a mutual defence clause that could bring NATO into a war on Ukraine's side if Russia should again attack it.
Al Jazeera
[New] European leaders continue to press ahead, committing billions in joint borrowing to prolong the war in Ukraine, while offering support for US imperial priorities elsewhere, from backing Israel's genocide in Gaza to endorsing threats against Venezuela and other Latin American countries.
Peoples Dispatch
[New] A depleted - but far from defeated Ukraine - looks to 2026 with few good military options, even though a critical €90bn (£79bn) loan from the EU has been agreed.
The Guardian
[New] While negotiations usually take years, there are indications that Ukraine could join the EU as early as 2027 as part of a negotiated ceasefire deal led by the US.
European Council on Foreign Relations
Progress towards a Russia-Ukraine peace agreement in Berlin, where US officials indicated that 90% of outstanding issues have been resolved, raised prospects for easing restrictions on Russian oil flows at a time when markets already anticipate oversupply.
IG
Last updated: 02 January 2026
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