Ukraine and Russia: What you need to know right now

* Russia said its cruise missiles destroyed S-300 anti-aircraft missile systems which had been supplied to Ukraine by an unidentified European country. DIPLOMACY * U.S. President Joe Biden who held talks with Indian Prime Minister Narendra Modi, told the Indian leader that it was not in India's interest to import more oil from Russia, U.S. officials said. * Austrian Chancellor Karl Nehammer said his meeting with Vladimir Putin in Moscow did not leave him optimistic.

Ukraine said it expected Russia to launch a huge new offensive soon, as Moscow shifts its focus to seizing territory in the east after its invasion force was driven away from the gates of Kyiv this month. FIGHTING

* Russia has nearly completed its buildup for a renewed assault on Ukraine's eastern Donetsk and Luhansk regions, Ukraine's defence ministry said. The governor of Luhansk said Russia was moving military vehicles closer to the front lines in the region. * Russia said its cruise missiles destroyed S-300 anti-aircraft missile systems which had been supplied to Ukraine by an unidentified European country.

DIPLOMACY * U.S. President Joe Biden who held talks with Indian Prime Minister Narendra Modi, told the Indian leader that it was not in India's interest to import more oil from Russia, U.S. officials said.

* Austrian Chancellor Karl Nehammer said his meeting with Vladimir Putin in Moscow did not leave him optimistic. "The offensive is evidently being prepared on a massive scale," he said. * EU foreign ministers plan to intensify the delivery of weapons to Ukraine, Germany's foreign minister said.

* Russia will not pause its military operation for subsequent rounds of negotiations, its foreign minister said. CIVILIAN TOLL

* Tens of thousands of people have likely been killed in Russia's assault on Mariupol, President Volodymir Zelenskiy told South Korea's parliament. * Seven bodies were found buried in the rubble of two destroyed high-rise housing blocks in the town of Borodyanka near Kyiv, the state emergencies service said, bringing the total civilian toll there to 19 so far. ECONOMY AND BUSINESS

* The European Union's executive is drafting proposals for an EU oil embargo on Russia, several EU foreign ministers said on Monday, although there was no agreement yet. * French bank Societe Generale said it would quit Russia and take a 3 billion euros ($3.3 billion) hit from selling its Rosbank unit to a firm linked to a Russian oligarch.

* Canada sanctioned companies in the Russian defence sector and said it was studying additional measures. * The Kremlin said Russia had resources to pay its debt and any default would be technical and "man-made".

* Ukraine's economic output will likely contract by 45% this year, the World Bank said. * Ukraine has banned all imports from Russia and called on other countries to impose harsher economic sanctions.

(Compiled by Tomasz Janowski)