Ukraine prepares for new Russian offensive, Western braces for worsening energy crisis – Times of India

Kyiv: Ukraine A fresh attack by Russian ground forces is expected after widespread shelling that killed more than 30 people, as Kyiv’s western allies prepare for a worsening of the global energy crisis if Russia cuts oil and gas supplies.
Ukraine’s General Staff said shelling across the country was set to intensify hostilities as Russia seeks to seize Donetsk province, and control the whole of Ukraine’s Donbass industrial region.
President of Ukraine Volodymyr Zelensky said Russia had carried out 34 airstrikes since Saturday, attacking a five-story apartment that killed 31 people and trapped dozens.
Moscow denies targeting civilians but several Ukrainian cities, towns and villages have been destroyed. and the human cost of Russia’s invasion, Europe’s biggest conflict after the world war Two and now in his fifth month, Aaroh.
Russian state news agency TASS reported a Ukrainian assault Six people were killed and several injured in the Russian-held city of Nova Kakhovka in Ukraine’s southern Kherson region.
“Six people have been confirmed [dead], And several dozen wounded, (with) shrapnel wounds, cuts,” the report said, citing Vladimir Leontyev, the head of the Russian-founded Kakhovka District military-civilian administration in the Kherson region.
“Many people are still under the rubble,” Leontyev said. The injured are being taken to hospital, but many are confined to their apartments and homes.
Reuters could not independently verify the Battlefield accounts.
Putin invaded Ukraine on 24 February, claiming it was a “special military operation” to demilitarize its neighbor and get rid of dangerous nationalists. Kyiv and the West maintain that it was the imperialist land occupied by Putin.
After Putin failed to take the capital Kyiv quickly, his forces turned to the Donbass, where its two provinces, Donetsk and Luhansk, have been partially controlled by Russian-backed separatists since 2014.
Putin aims to hand over control of the Donbass to separatists and on Monday eased rules for Ukrainians seeking Russian citizenship.
worsening energy crisis
Ukraine’s allies have supplied it with weapons and imposed tough sanctions on Moscow. In return Moscow has used its vast oil and gas reserves to fund its war-chest.
However, blame has begun to emerge among Kyiv’s allies as the nation struggles with rising energy and food prices and rising inflation.
Europe’s reliance on Russian energy was keeping policymakers and businesses busy as the largest pipeline carrying Russian gas to Germany underwent 10 days of annual maintenance. Governments, markets and companies are concerned that the shutdown could be extended because of the war.
Ukraine’s energy and foreign ministries said Canada’s decision to return a repaired turbine to Germany is necessary for the Nord Stream 1 gas pipeline that supplies Russian oil to accommodate sanctions imposed on Moscow. .
Zelensky warned that the Kremlin would see exceptions to the sanctions as a sign of weakness.
He added that Moscow will now “try to completely stop the supply of gas to Europe at the most urgent time. That’s what we need to prepare for now. That’s what’s being provoked now.”
A senior US Treasury official said on Tuesday that the global oil price could rise 40% to around $140 a barrel if the proposed price cap on Russian oil is not adopted.
The official said the goal is to set the price at a level that covers Russia’s marginal cost of production, so Moscow is encouraged to continue exporting oil, but not so much that it will continue its war against Ukraine. be allowed to fund.
US Treasury Secretary Janet Yellen will meet with Japanese Finance Minister Shunichi Suzuki to discuss the implementation of the US price cap proposal and global economic growth when they meet later on Tuesday, the official said.
As the European Union prepares to impose a phased ban on Russian oil and marine insurance for any tanker carrying Russian oil, expected to be matched by Britain, the Yellen cap will keep oil flowing and another price down. Sees as a way to avoid spikes that could lead to a recession.
While Russian Finance Minister Anton Siluanov, in a newspaper interview published on Monday, strongly supported a proposal by gas producer Gazprom to expand its ruble-for-gas plan for pipeline gas to include liquefied natural gas (LNG). did.
However, Kremlin spokesman Dmitry Peskov told reporters that no decision has been taken on such a move and no order has been drawn up.
In March, Putin said that “unfriendly countries” would have to pay for Russian gas in rubles, as Russia was cut off from the word financial system. Many of Gazprom’s biggest customers in Europe were cut after refusing to cooperate with a ruble payment plan for gas.
In an effort to lower global food prices, the West aims to reopen Ukraine’s Black Sea ports, which it says have been closed by a Russian blockade, halting exports from one of the world’s main grain sources. and threaten to increase global hunger.
Turkish President Tayyip Erdogan, who has offered to mediate on the grain issue, discussed it with Putin over the telephone. The Kremlin said the talks took place ahead of a near-future Russian-Turkish summit.
A summit with Erdogan would be Putin’s first one-on-one meeting with a NATO country leader since the invasion, and while it was due to take place in Turkey, it would also be his first visit outside the territory of the former Soviet Union.