Putin smells blood in the water on US backed Black Sea ceasefire deal

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Putin smells blood in the water on US backed Black Sea ceasefire deal - Business Standard

Quick Summary:

Taking on Europe would get ugly fast, especially for the old continent, because Hungary could finally block the renewal of the European Union’s sanctions legislation that excludes most Russian banks from SWIFT.

So the US administration now needs to decide whether to accept Russia’s conditions and clash head on with Europe, or reject them and try to pressure Putin in ways it’s been unwilling to so far.

Ukrainian officials say it's also unclear to them whether the deal as agreed between the US and Russia would cover Mykolaiv, an important sea port at the mouth of the Bug river that's been closed since the start of the war, or indeed port infrastructure in general — as opposed to just shipping.