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The ongoing crisis in Eastern Europe took a devastating turn as a Russian missile targeted a postal center leading to six casualties, contributing to a 90% increase in Russian casualties, revealed the UK defence ministry. Ukrainian President Volodymyr Zelensky spoke of substantial Russian losses in their campaign against the Donetsk town.
Further, Zelensky announced that Qatar would play a significant role in the upcoming Ukraine peace formula meeting in Malta, a decision made after Qatar successfully facilitated the return of kidnapped children from Russia to Ukraine earlier this month.
Beyond the borders of Ukraine, Gazprom, Russia's largest natural gas company, intends to elevate gas supplies to China and Hungary as per Alexey Miller, Gazprom's CEO. He further predicted an increase in gas flows between Russia and China up to 600 million cubic metres for the rest of the year, demonstrating a growing Russian-Chinese partnership within the energy sector.
This alliance has alarmed NATO due to China's interest in Russia's Northern Sea route, indicating a potential for military presence in the Arctic. Recent oil shipments from Russia to China via the Arctic waters and a Chinese freighter's trip through the Northern Sea Route amplify these concerns.
Amidst the intensifying crisis, Ukraine plans a counteroffensive, backed by supplies and aid from NATO allies. The country's strategy includes advancing throughout the autumn and winter despite the harsh weather conditions. However, these efforts are subtly slowed down due to a political dispute over funding in the US and growing Russian sympathy within the EU, highlighting the need for a united front.
Presently, the Ukrainian army is actively repelling Russian pressure in Avdiivka and Kupyansk in the Kharkiv region, spotlighting the fierce determination of Ukraine's defense.
Simultaneously, Russia appears to be battling financial pressure, with considerations for raising the tax burden on its natural gas industry. Faced with a strained budget due to the war, social spending, and international sanctions, Russia is strategizing to stabilize its domestic fuel market, emphasizing the geopolitical implications of the Ukraine crisis.