Summary of key events on day 1,262 of Russia’s war on Ukraine.
Here’s the current situation on Saturday, August 9:
Fighting
- A Russian drone attack in Ukraine’s southern Odesa region damaged an oil depot owned by Azerbaijan’s state oil company SOCAR, according to Reuters. The attack left four people wounded.
- Ukrainian journalist Viktoria Roshchyna, who died in Russian captivity last year, was buried in Kyiv, while her colleagues urged international pressure for the release of other Ukrainian reporters held captive by Russia.
Ceasefire
- US President Donald Trump announced he will meet with Russian President Vladimir Putin on August 15 in Alaska to negotiate an end to the war in Ukraine. This announcement came after Trump stated that the parties, including Ukrainian President Volodymyr Zelenskyy, were close to a ceasefire deal.
- Trump suggested an agreement would involve some exchange of territory. He said, “There’ll be some swapping of territories to the betterment of both.”
- Putin has presented the Trump administration with a ceasefire proposal that demands major territorial concessions from Ukraine and global recognition of Moscow’s claims on Ukrainian territory in exchange for a halt to fighting, The Wall Street Journal reported.
- Putin spoke to the leaders of China, India, and three ex-Soviet states to brief them on his contacts with the US regarding the war in Ukraine.
- In his evening address to the nation, President Zelenskyy expressed that a ceasefire is possible with adequate pressure on Russia. He highlighted more than a dozen conversations with various world leaders and constant contact with the US.
Economy and finance
- Canada, the European Union, and the United Kingdom will lower the price cap paid for seaborne Russian-origin crude oil to $47.60 from $60 per barrel due to Moscow’s war in Ukraine, according to Canada’s Finance Department.
- Ukraine is set to receive over 3.2 billion euros ($3.73bn) in funding after the European Council adopted a decision on the fourth regular disbursement of support under the EU’s Ukraine Facility.
- The funding primarily aims to enhance Ukraine’s macro-financial stability and support the functioning of its public administration, as stated by the council.
