Kyiv may sever diplomatic ties with Moscow as Putin sends troops to breakaway regions; Soaring Brent Crude Oil Prices
Live updates from the Russia-Ukraine conflict:
British Prime Minister Boris Johnson addressed the House of Commons on Tuesday and announced that the United Kingdom is imposing sanctions on five Russian banks and three wealthy individuals with close ties to Russian President Vladimir Putin and that all assets they hold in the UK will be frozen. The Federation Council of Russia gave Putin the green light to use military force outside the country. Relations between the US-led West and Russia entered their worst phase as diplomatic efforts to avert a Russian invasion of Ukraine were rocked when Putin signed laws recognizing the independence of two separatist regions in the eastern provinces. Not only that, Putin ordered the Russian military to “keep the peace” there. In fact, a Kremlin spokesman said Russia hoped the decision to recognize the two regions as independent would help restore peace and said the government remained open to diplomacy.
The External Affairs Ministry said about 250 Indians and students from various states will arrive in Delhi from Ukraine this evening on a special Air India flight.
The United States said it would announce tough sanctions against Russia, prompting Germany to suspend its certification of the Nord Stream 2 gas pipeline project, while the European Union said it would ban trade in US bonds. Russian state.
Previously, Russia had amassed its troops near the Ukrainian border and demanded that NATO never admit Ukraine and other ex-Soviet nations as members and that the military alliance cancel troop deployments. in the former Soviet bloc countries.
India called for restraint on all sides as tensions between Russia and NATO escalated further. At a UN Security Council meeting following the Russian move, India expressed concern over escalating tension along the Russian-Ukrainian border and called for de-escalation of the situation and the resolution of the crisis through diplomatic dialogue.
First post: STI