Western nations are actively exploring ways to seize Russian central bank assets to fund Ukraine as political disputes in the US and Europe threaten its flow of financial support.
G7 officials have intensified talks in recent weeks on spending some of the roughly $300bn in immobilised Russian sovereign assets, a radical step that would open a new chapter in the west’s financial warfare against Moscow.
The push comes as two crucial financial aid packages for Ukraine worth more than $100bn faltered this week, as Republicans in the US Congress and Viktor Orbán of EU member Hungary took a stand against funding Kyiv.
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