Nuclear Drills Intensify as US-Russia Summit Faces Delays

Russia conducted nuclear weapons exercises amid postponed US-Russia summit plans. Tensions remain high with ongoing conflicts in Ukraine and missile strikes from both sides. Trump criticizes delays but avoids imposing new sanctions. European defense shares rise as military defense backing for Ukraine strengthens.

Russia has confirmed the execution of extensive nuclear weapons drills, coinciding with the postponement of a proposed US-Russia summit. This situation unfolds as tensions escalate with the ongoing conflict in Ukraine and the continuing exchange of missile strikes.

Officials revealed that the summit between Presidents Putin and Trump, initially planned for Hungary, has been delayed due to complex diplomatic conditions. President Trump, hoping to avoid an unproductive meeting, has echoed concerns from his Russian counterparts regarding the preparation of the summit's agenda.

Amid these developments, Ukrainian forces reported retaliatory strikes on Russian territories, adding to escalating hostilities. European defense stocks saw a noticeable uptick, reflecting increased military support for Ukraine against Russian aggression, while President Zelenskiy seeks further international aid to avert a winter crisis.

(With inputs from agencies.)