Nuclear Drills and Diplomatic Delays Amid Ukraine Conflict

Russia conducted major nuclear exercises after the U.S. postponed a planned summit between Trump and Putin regarding Ukraine. Sweden plans to provide Ukraine with Gripen fighter jets. Meanwhile, diplomatic efforts face setbacks, with Trump avoiding a 'wasted meeting' with Putin due to unresolved peace terms.

In a robust display of military prowess, Russia announced a significant nuclear training exercise on Wednesday, a move coinciding with the United States' decision to delay a second summit between Presidents Vladimir Putin and Donald Trump concerning the ongoing conflict in Ukraine. Footage released by the Kremlin showcased General Valery Gerasimov reporting to Putin on the nuclear drills, which included firing missiles from various platforms such as ground launchers, submarines, and aircraft.

Adding to the tension, Russia flexed its long-range aerial strength as its Tu-22M3 strategic bombers flew over the Baltic Sea, accompanied by NATO fighter jets. This show of force comes as NATO conducts its nuclear deterrence exercises. In a strategic shift, Sweden announced plans to export Gripen fighter jets to Ukraine, enhancing Kyiv's defense capabilities after over three years of relentless warfare.

As high-stakes diplomatic negotiations continue, a proposed Putin-Trump summit faces uncertainty, with Trump emphasizing he avoids a 'wasted meeting.' While preparations persist, peace talks are hampered by Russia's demand for Ukraine to surrender territories in the Donbas region. Meanwhile, European defense stocks surged as the geopolitical landscape shifts and EU leaders discuss leveraging frozen Russian assets to aid Ukraine's defense spending.

(With inputs from agencies.)