Ukrainian President Volodymyr Zelenskyy voiced strong concerns regarding the U.S. decision to temporarily waive sanctions on Russian oil at sea, stating that this move is not aiding efforts to end the conflict in Ukraine. Speaking in Paris, Zelenskyy emphasized that the waiver could provide Russia with approximately $10 billion to fund its war efforts, which he believes undermines the pursuit of peace in the region [1]. The announcement comes as oil prices have surged following U.S. and Israeli strikes on Iran, indirectly benefiting Russia and raising worries in Kyiv that global attention is shifting away from Ukraine due to the escalating conflict in the Middle East [1].
Zelenskyy highlighted the acute shortage of air defense missiles in Ukraine, noting that Gulf Arab states have used more PAC‑3 Patriot air defense missiles against Iranian strikes in a few days than Kyiv has received from Washington over four years. He warned that the diversion of Western air defense stocks to Gulf states could further exacerbate Ukraine's missile shortage [1]. The European Union has not yet agreed on a proposed 90 billion euro loan intended to help Kyiv purchase weapons, with hopes that the loan will be finalized by mid-April [1].
French President Emmanuel Macron reiterated Europe's commitment to supporting Ukraine, stating that nothing would deter European assistance and praising Ukraine's resilience. Macron also asserted that there is no justification for lifting sanctions on Russia and promised that weapons support to Ukraine would be increased, though he did not provide specific details [1].
Zelenskyy is actively seeking to demonstrate to Gulf Arab states, many of which have close ties with Moscow, that Ukraine can be a reliable partner [1].
CONCLUSION
The U.S. waiver on Russian oil sanctions is seen by Zelenskyy as a significant setback for Ukraine, potentially providing Russia with substantial financial resources. Rising oil prices and shifting global focus threaten to complicate Ukraine's access to critical weapon supplies. Despite these challenges, European leaders reaffirm their commitment to supporting Ukraine, signaling ongoing geopolitical and market volatility.