On July 30, Donald Trump set a firm deadline—August 8—after which the US will impose sanctions on countries continuing to purchase oil and gas from Russia. India, China, Brazil, and others are affected. Trump emphasized that the US, alongside Saudi Arabia and other oil producers, could compensate for any shortage on the global market.
The announcement prompted a response from the Kremlin, which declared it would continue its “special military operation.” In the US, calls have intensified to implement and toughen the sanctions more swiftly.
Meanwhile, US Treasury Secretary Scott Besson warned China of potential higher tariffs should it continue energy ties with Russia. Chinese officials insisted they would act according to their national interests.
In Europe, Germany is moving to strengthen its armed forces, including significant new equipment purchases and a larger defense budget. Support for Ukraine remains a priority.
In the Middle East, several leading countries have signed an appeal urging Hamas to relinquish control of the Gaza Strip. International discussions around recognizing Palestine’s independence have picked up pace.
Ukraine continues to experience shelling: recent attacks in the Chernihiv region left soldiers dead and wounded; civilians were also hurt in Kharkiv.
Overall, global political and economic developments remain dynamic, directly impacting both the war in Ukraine and the larger international situation.