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Ukraine conducted drone strikes on two oil refineries in Russia’s Samara Oblast on Saturday, targeting facilities vital to Russia’s energy infrastructure. The Novokuybyshevsk refinery experienced significant fires, while the Syzran facility was hit shortly after, impacting fuel supplies crucial for domestic and export distribution.
Caracas and the European Union have established a new cooperation agenda following discussions in the Venezuelan parliament, marking a significant economic pivot. This agreement coincides with Venezuela’s efforts to restore relations with the IMF and the World Bank.
Hungary’s incoming Prime Minister Péter Magyar announced that oil flows from Russia via the Druzhba pipeline could potentially resume next week, following communication from Hungary’s MOL. This pipeline, delivering oil through Ukraine, was halted after damage from a Russian drone strike in January, straining relations with Kyiv.
The European Union has committed to sending hundreds of emergency power generators to Ukraine, as declared amid ongoing Russian attacks on the nation’s energy infrastructure, leaving civilians vulnerable to severe winter conditions.
The European Court of Auditors (ECA) report warns the EU risks failing to diversify its supply of critical raw materials crucial for energy transition by 2030, with ECA’s Keit Pentus-Rosimannus citing dangerous dependence on China for key minerals.
The German government, represented by a spokesperson from the Federal Foreign Office, has reiterated its opposition to reopening diplomatic channels with Russian President Vladimir Putin amid ongoing discussions among European leaders on negotiating an end to the war in Ukraine.
Sales of fully electric cars in the European Union surpassed petrol-only vehicle sales for the first time in December 2025, reported the European Automobile Manufacturers’ Association. The EU has implemented a 90% emissions reduction target by 2035, impacting market dynamics.
Polish officials have warned that Russia is not negotiating in good faith during ongoing peace talks with Ukraine, raising doubts about whether the discussions can deliver a meaningful breakthrough as fighting continues.
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