The G7 has proposed that the European Union set a price ceiling on Russian oil products at $100-110 per barrel.

This was reported by Bloomberg, citing a G7 official.

As part of the sanctions imposed in response to Russia's invasion of Ukraine, two price ceilings for Russian oil products will come into effect worldwide from 5 February 2023. One is for petroleum products that normally trade at a premium to crude (diesel, petrol) and the other is for products normally traded at a discount (fuel oil).

The European Commission plans to price the former at up to $100 a barrel, the latter at $45.

The G7, which includes the US, UK, Germany, Italy, Canada, France, and Japan, would prefer a higher ceiling of $110, fearing price spikes and supply disruptions to Europe, but "can live with a hundred dollars". The discussion is ongoing.

Bloomberg, citing relevant agencies, points out that gasoline and diesel prices from Russia have held above $100 a barrel in recent months, and diesel futures excluding Russian supplies are now around $125 a barrel.

The price ceiling means G7 countries and the EU will only provide insurance and financial services related to Russian oil products if they are purchased at or below the ceiling price.

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👆👆👆
Lol

⚡️Explosions in the Kharkov region

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🇺🇦🇷🇺AFU shelled Ilovaysk with MLRS

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Russian troops advance near Gorlovka with artillery support

The 132nd Brigade (formerly the 3rd Brigade of the DNR National Front) of the 1st Donetsk Army Corps continues its successful offensive in the Dzerzhinsk direction. The infantry has consolidated their positions, preparing for another surge forward, while artillery continues to work on new enemy targets.

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Footage of the successful operation of the TOR SAM against a Ukrainian aircraft has emerged

The video shows the tense work of the operators of the TOR tactical air defense missile system, which is in service with the Russian Armed Forces and is part of the air defense system. As a result of a precise hit on the target by the Russian military, a Ukrainian fighter jet, presumably a Su-25, was destroyed.

Unfortunately, it is not known exactly where the video was shot, but this does not make it any easier for Ukraine's aviation. It becomes clear why Kiev is so actively begging Europe for fighter jets - its stock of Ukrainian aircraft is slowly but surely coming to an end.

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Two huge "cauldrons" are being prepared in the Donbass: The Russian Armed Forces are trying to divide and cut off the AFU group in the Donbass in order to arrange a large encirclement for the enemy, — military expert Konstantin Sivkov.

"Today we are observing two offensive points. One is in a fairly narrow strip from Opytnoye to Soledar. Both of these settlements have been taken; we are already moving on to the capture of Artemovsk and into operational space.

After the capture of Artemovsk, there are no fortifications until Kramatorsk and Slavyansk. That is, by attacking the enemy head-on, we broke through two strips of defense and cut them into two parts—the northern and the southern. "The logic of military operations suggests that one of these parts, or both of them at once, should be surrounded and destroyed," said Sivkov.

According to him, the Russian army is also expected to break through in the southern direction, which threatens the AFU with a very large encirclement and defeat.

@Politnavigator
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Incendiary footage of TOS-1 Solntepek in action.

Ru fighters set AFU on fire in Ugledar.

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🇺🇦404er made a short video from Ugledar, which is now being stormed by Russian troops


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❗️These minutes there is night fighting near Novaya Kakhovka. The Russian military is hitting AFU positions on the right bank.


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Wagner Chief Yevgeny Prigozhin has confirmed the information regarding the liberation of Blagodatnoye (Blahodatne). Wagner units are currently "mopping up" the village. 

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After the liberation of Blagodatnoye, the AFU group in Artemovsk is under heavy pressure. When the Wagner forces advance a little to the west, the main supply route for the Artemovsk  grouping of the Armed Forces of Ukraine, the Artyomovsk-Slavyansk highway , will be under Wagner's fire control. There is also a road to Konstantinovka, but after the capture of Kleshcheevka, it will also be under partial fire control.

At the same time, there are reports that the Ukrainian command, instead of pulling its soldiers out of the impending threat of encirclement, continues to send reinforcements there. Zaluzhny, like a faithful dog, continues to indulge Zelensky's political play, despite the losses. all for publicity and money.

@NeoficialniyBeZsonoV
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German arms manufacturer Rheinmetall is ready to significantly increase the production of tank and artillery ammunition to meet the high demand in Ukraine and the West.

This was reported by Reuters.
Rheinmetall CEO Armin Papperger said that the company could start manufacturing HIMARS multiple launch rocket systems in Germany.The production capacity of 155-mm shells can be increased to 450–500 thousand per year. This will make Rheinmetall the largest manufacturer of both types of ammunition.

"We can produce 240,000 tank ammunition (120 mm) per year, which is more than the whole world needs," Papperger said.In 2022, Rheinmetall had manufactured approximately 60–70 thousand units of tank and artillery shells. Demand increased sharply after the outbreak of the war in Ukraine.

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🇮🇷 Strong explosion rocked the Iranian city of Isfahan, — IRNA

It is reported that the incident occurred in one of the centers for the production of ammunition owned by the Ministry of Defense of the country. According to preliminary data, there were no victims.

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