Zelenskyy's $30 Oil Price Cap Demand: A Turning Point in the Ukraine War?

Zelenskyy's Urgent Plea: $30 Oil Price Cap to End War Kyiv, Ukraine – In a recent video address, Ukrainian President Volodymyr Zelenskyy praised the European Union's latest sanctions against Russia but stressed the need for more decisive action. He specifically highlighted the importance of targeting Russia's energy sector and financial institutions. "This 18th package is focused on Russian energy resources and banks," Zelenskyy stated in the video. "It's the right direction to exert pressure." However, Zelenskyy emphasized the need to strengthen the sanctions further. He called for a price cap on Russian oil, suggesting a maximum of $30 per barrel. He explained that this measure is crucial to limiting Russia's ability to fund the war effort and force them to the negotiating table. "Every compromise is a postponement of peace," Zelenskyy warned, underscoring the urgency of decisive action. He reiterated his plea for a significant reduction in the price of Russian oil to bring a swift end to the conflict. Zelenskyy's comments provide crucial insight into Ukraine's strategy for ending the war and highlight the ongoing tension between the need for stronger sanctions and the complexities of international diplomacy. The $30 price cap proposal, if adopted, could significantly alter the course of the conflict.