IKAR in Mass and Industry Media

Press review: EU seeks to revise US Ukraine peace plan as Trump adds Russian oil sanctions

TASS

Top stories from the Russian press on Tuesday, November 25th

MOSCOW, November 25. /TASS/. Europe is attempting to reshape the US peace plan for Ukraine, while NATO is preparing for a potential confrontation as it conducts yet another exercise near the Russian border. Meanwhile, US leader Donald Trump has announced new sanctions on Russian oil. These stories topped Tuesday’s newspaper headlines across Russia.

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While Russian grain exports are not performing well this year, the non-functioning grain deal is not the reason why, Dmitry Rylko, General Director of the Institute for Agricultural Market Studies, argued. Instead, he said, there are three other reasons for that, including the global oversupply of wheat and other grains, owing to good harvests across the EU and in Canada, Argentina and Australia, among other factors. "The second reason is ruble strengthening, with the Russian currency rising against the USD and the majority of `agrarian currencies.’ And the third reason is a major drought and quite a modest grain harvest in southern Russia, the country’s key export region," he explained.

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https://tass.com/pressreview/2048319

01.12.25

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