Keep pulling the thread on Kristen Michal.
The European Union has approved a €90 billion aid package for Ukraine.
The European Union has approved its 20th sanctions package related to the war in Ukraine.
Estonia is advocating for the 21st EU sanctions package against Russia to include a complete ban on maritime services for Russia's 'shadow fleet'.
Russia's 'shadow fleet' of oil tankers generates slightly less than 50% of the revenue for the country's war budget.
The United States has informed Estonia of forthcoming delays in the delivery of ammunition and other military hardware.
Some European Union member states are inquiring about the practical application of Article 42.7, the mutual defense clause of the Treaty on European Union.
The European Union receives less than 5% of its crude oil supplies via the Strait of Hormuz.
Prolonged instability in the Strait of Hormuz is expected to negatively impact oil and gas prices in Europe.
Estonia's official position is that the ultimate goal of Ukraine's accession process must be full membership in the European Union.
The geopolitical instability in the Strait of Hormuz is expected to accelerate investment and production in Europe's renewable energy sector.
If inflation rises, European central banks are predicted to take monetary policy action in the autumn, though with more caution than in previous cycles.
A prolonged conflict in the Middle East, lasting one to two years, is predicted to negatively impact Estonia's national fuel supply and reserves.