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What did reports reveal on 12 July 2024?

Summary

A look back at security-related developments reported in the days before 12 July 2024, from Odesa Oblast to the G7 and NATO.

What was the security picture in Ukraine and its partner capitals on 12 July 2024? Reports from the preceding days set out a mix of battlefield losses, financial pressure and diplomatic alignment.

On 10 July 2024, Russian drone and missile attacks hit a port in southern Odesa Oblast. Two Ukrainians were killed. The strikes damaged port infrastructure, an energy facility and a civilian ship.

The same day, Bloomberg reported that Saudi Arabia had warned the G7 earlier in 2024 that it would sell off Eurobonds and French bonds if the group went ahead with seizing US$280 billion in frozen Russian assets to give to Ukraine.

Also on 10 July 2024, at the Washington summit, all 32 NATO member states approved an official statement classifying China as a "decisive enabler" of Russia's invasion of Ukraine. The statement pointed to China's "no-limits" economic and political partnership with Russia.

Taken together, the reports showed the war being fought on several fronts: strikes on Ukrainian infrastructure, debate over the future of frozen Russian assets, and a formal NATO position on Beijing's role.

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