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Ukrainian soldiers fire a mortar in the Toretsk frontline in Donbas. Photograph: Anadolu Agency/Getty Images
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From 4h ago
07.15 GMT
In recent days, Russia has likely made small advances on the southern axis
of this assault and is likely to be planning to encircle the town.
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03/12/2022, 17:08 Russia-Ukraine war live: Moscow ‘investing large military effort to take Donetsk town’; G7 joins EU in oil price cap
Russia
Showhas prioritised Bakhmut as its main offensive effort since early
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Key events
A letter bomb at the Ukrainian embassy in Madrid left a staff member with
minor injuries on Wednesday. Others have been sent to the Spanish prime
minister, the deputy prime minister and the US embassy.
When asked who he thought was behind the letters, Kuleba told CNN said: “I
feel tempted to say, to name Russia straight away, because first of all you
have to answer the question, who benefits?
“Maybe this terror response is the Russian answer to the diplomatic horror
that we created for Russia on the international arena, and this is how they
try to fight back while they are losing the real diplomatic battles one after
another.”
Updated at 11.36 GMT
1h ago 10.35 GMT
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03/12/2022, 17:08 Russia-Ukraine war live: Moscow ‘investing large military effort to take Donetsk town’; G7 joins EU in oil price cap
More details have been published about attacks on Ukraine on Friday, in an
update from the general staff of the Ukrainian armed forces.
The main target for Russian airstrikes was Bakhmut and Avdiivka, both in
Donetsk oblast in the east of Ukraine.
Updated at 10.42 GMT
2h ago 09.41 GMT
The governor, Oleksandr Starukh, said they had damaged buildings near the
regional capital, Zaporizhzhia, but no casualties were reported.
Updated at 09.44 GMT
2h ago 09.23 GMT
Spain has sent its first Hawk air-defence missile system to Ukraine.
KyivPost
@KyivPost · Follow
Read 2 replies
Updated at 09.24 GMT
3h ago 08.56 GMT
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03/12/2022, 17:08 Russia-Ukraine war live: Moscow ‘investing large military effort to take Donetsk town’; G7 joins EU in oil price cap
Russia has said it will continue to find buyers for oil, despite a price cap for
seabourne oil being set at $60 a barrel.
In retaliation, Vladimir Putin and Kremlin officials have said that they won’t
sell oil to countries that implement it.
Russia’s embassy to the US on Saturday said that the policy was “reshaping”
the free market, and insisted oil would continue to be sold.
Updated at 09.00 GMT
3h ago 08.33 GMT
Ukrainian forces killed another 510 Russian troops on Friday, bringing the
total number of soldiers lost by Russia since the invasion to 90,600.
They also downed another eight drones and managed to take out a tank,
according to statistics provided by the Ukrainian general staff of the armed
forces.
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03/12/2022, 17:08 Russia-Ukraine war live: Moscow ‘investing large military effort to take Donetsk town’; G7 joins EU in oil price cap
Read 49 replies
4h ago 08.02 GMT
Work to rid the area of mines and other traps has been going on since the
Russian retreat from the city last month.
Ukrainian emergency workers say they have surveyed almost 700ha of open
territory, 60km of railway tracks and 326 households.
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03/12/2022, 17:08 Russia-Ukraine war live: Moscow ‘investing large military effort to take Donetsk town’; G7 joins EU in oil price cap
Authorities are urging anyone who returns to Kherson or the area around it
to be extremely careful.
Last month, the Guardian reported that ridding Kherson of mines could take
years.
Updated at 08.15 GMT
4h ago 07.35 GMT
Here’s a bit more detail about the oil price cap instituted by the G7 and its
allies.
The EU had already agreed on an embargo of seaborne crude oil from Russia
in a package of sanctions announced earlier this year.
Because the most important shipping and insurance firms are based in G7
countries, the price cap would make it very difficult for Moscow to sell its oil
for a higher price.
Under the terms of the deal the price cap will be reviewed in mid-January
and every two months after that. It also includes a mechanism that would
keep the price cap at least 5% below the market rate.
Security experts from the CSIS thinktank have warned a cap at $60 is
toothless since it is above the price of existing Russian oil prices of about $52
a barrel.
It has been estimated that Russian oil is sold at a profit from $40-$45 a barrel,
but Russia’s true extraction costs are hard to estimate.
4h ago 07.15 GMT
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03/12/2022, 17:08 Russia-Ukraine war live: Moscow ‘investing large military effort to take Donetsk town’; G7 joins EU in oil price cap
In recent days, Russia has likely made small advances on the southern axis of
this assault and is likely to be planning to encircle the town.
Russia has prioritised Bakhmut as its main offensive effort since early
August 2022. The capture of the town would have limited operational value
although it would potentially allow Russia to threaten the larger urban areas of
Kramatorsk and Sloviansk.
The statement from the ministry adds that the campaign has been
disproportionately costly, relative to these possible gains.
Updated at 07.32 GMT
5h ago 07.06 GMT
The EU agreed the price after holdout Poland gave its support, paving the
way for formal approval over the weekend.
In a statement, the Group of Seven leading economies and Australia said the
price cap would take effect on 5 December or very soon after.
The price cap aims to reduce Russia’s income from selling oil, while
preventing a spike in global oil prices after an EU embargo on Russian crude
oil takes effect on 5 December.
The final deal includes a mechanism to keep the oil price cap at least 5%
below the market rate.
US officials said the deal was unprecedented and demonstrated the resolve
of the coalition opposing Russia’s war.
The European Commission president, Ursula von der Leyen, said the price
cap would significantly reduce Russia’s revenues.
The EU agreement on an oil price cap, coordinated with G7 and others, will
reduce Russia’s revenues significantly.
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03/12/2022, 17:08 Russia-Ukraine war live: Moscow ‘investing large military effort to take Donetsk town’; G7 joins EU in oil price cap
— Ursula von der Leyen (@vonderleyen) December 2, 2022
Updated at 07.10 GMT
5h ago 06.59 GMT
The G7, EU and Australia have agreed to cap the price of Russian seaborne
crude oil at $60 a barrel, in a move that could result in Russian oil output
falling by 500,000 barrels a day by early 2023.
The decision by the Group of Seven nations and Australia followed an earlier
announcement from the EU that the bloc had overcome internal resistance
to a $60 a barrel price.
The G7 and Australia said in a statement the price cap would take effect on 5
December or very soon thereafter.
More on this shortly. In the meantime, here are the other key recent
developments:
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03/12/2022, 17:08 Russia-Ukraine war live: Moscow ‘investing large military effort to take Donetsk town’; G7 joins EU in oil price cap
The Finnish prime minister, Sanna Marin, has called for Europe to build
its own defence capabilities in the wake of the war in Ukraine, saying that
without US help Europe is not resilient enough.
The International Atomic Energy Agency hopes to reach an agreement
with Russia and Ukraine to create a protection zone at the Zaporizhzhia
nuclear power plant by the end of the year, the head of the UN atomic
watchdog was quoted as saying. The nuclear plant, Europe’s biggest,
provided about a fifth of Ukraine’s electricity before Russia’s invasion, and
has been forced to operate on backup generators a number of times,
Reuters reported.
Updated at 08.18 GMT
Russia-Ukraine war at a EU states agree $60 a barrel People try to steal Banksy
glance: what we know on cap on Russian oil after mural in Ukraine
day 283 of the invasion Polish green light
10h ago 17h ago 16h ago
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03/12/2022, 17:08 Russia-Ukraine war live: Moscow ‘investing large military effort to take Donetsk town’; G7 joins EU in oil price cap
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