Ukraine warns of new Russian offensive; Sweden, Finland move closer to joining NATO

Ukraine said Russia had started creating a military strike force aimed at President Volodymyr Zelenskiy’s hometown of Kryvyi Rih, while NATO moved closer to its most significant expansion in decades as the alliance responds to the invasion of Ukraine.
Poland to buy jets, tanks and howitzers from South Korea, says minister

Poland will buy 48 FA-50 fighter jets, a first instalment of 180 K2 Black Panther tanks and howitzers from South Korea, Warsaw’s defence minister was quoted as saying on Friday, as the country strengthens its army because of the war in Ukraine.
Oil falls towards $125 as investors weigh U.S. import ban

Oil slipped towards $125 a barrel in volatile trading on Wednesday as investors assessed the U.S. ban of Russian oil imports and Russia announced a new ceasefire in Ukraine on Wednesday to let civilians flee.
EU unlikely to cut Russia off SWIFT for now, sources say

The European Union is unlikely at this stage to take steps to cut Russia off from the SWIFT global interbank payments system as it works on a new package of sanctions against Moscow for its action against Ukraine, several EU sources said.
Quoting Irish poet, Biden ends EU trade war in renewal of transatlantic ties

U.S. President Joe Biden ended one front in a Trump-era trade war when he met European Union leaders on Tuesday by agreeing a truce in a transatlantic dispute over aircraft subsidies that has dragged on for 17 years.