NATO defense ministers pledged more air defense systems for Ukraine and strongly condemned Russia’s targeting of Ukrainian civilians in missile attacks in response to the bombing of a bridge in Crimea last week. But Kyiv continues to complain that some EU countries are not doing enough to deliver military aid quickly enough.
Last week, the U.S. Department of Commerce issued new regulations restricting the sale of semiconductors and cutting-edge chip-making equipment to China. For while the implementation of these far-reaching measures will require international cooperation, Beijing’s technology ambitions are still set to hit rougher waters.
OPEC+ announced last week that it will cut oil production by 2 million barrels per day starting in November, driving up prices globally. The U.S. responded by framing the cuts to oil production as a nakedly self-serving move that will benefit Russia, singling out Saudi Arabia as the ringleader of that collective effort.
