politics

February 28, 2026

Press review: Iran offers oil deals as US sets deadline and Iceland eyes EU entry

Top stories from the Russian press on Friday, February 27th

Press review: Iran offers oil deals as US sets deadline and Iceland eyes EU entry

TL;DR

  • Face-to-face discussions between Ukraine and the US, with Russia involved, are happening in Geneva concerning Ukraine's reconstruction and conflict resolution.
  • Key stumbling blocks in the peace dialogue remain the status of the Zaporozhye Nuclear Power Plant and territorial issues.
  • The US and Iran are holding indirect negotiations in Geneva to reduce the risk of escalation, with Iran proposing a temporary freeze on uranium enrichment.
  • Iceland is preparing for a referendum on EU membership, influenced by geopolitical shifts and US policy.
  • For the first time in 90 years, the number of people emigrating from the United States has exceeded the number entering the country.
  • The Russian ruble has shown notable stability but analysts predict a gradual weakening in March due to potential adjustments to the budget rule.
  • Analysts suggest the ruble's stability is due to favorable geopolitical conditions, foreign currency sales by the Bank of Russia, and high interest rates.

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