"Russia-US Asset Standoff Escalates Amidst Ongoing Ukraine Conflict"

1 min read
Source: Al Jazeera English
"Russia-US Asset Standoff Escalates Amidst Ongoing Ukraine Conflict"
Photo: Al Jazeera English
TL;DR Summary

Russia has warned of robust retaliation if Western countries seize its frozen assets or deploy missiles. Moscow threatened to sever diplomatic ties with the United States if it hands over frozen Russian assets to Ukraine. Western countries are discussing the confiscation of over $1 billion in Russian assets frozen due to sanctions. Russia also vowed to respond if missiles are deployed in Europe or Asia. Meanwhile, Ukraine reported another barrage of attack drones from Russia. The ongoing war in Ukraine has caused relations between Russia and the West to deteriorate.

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